Steven Chu | Charlie Rose
6,108
Published 2009-03-10
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Steven Chu | Charlie Rose
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All Comments (6)
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I love this guy, Nobel Prize winner and visionary energy guru to boot.
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Why does no-one talk about the no ollution energy source that built the industrial revolution in this country - water power?
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When the cost of fuel becomes a small fraction of the capital cost, people don't care about fuel cost. What if you had a 500 mpg car ($800 for the life of the car)? Would you care about fuel costs over ten years when one bad battery could cost you 10k? The assumptions Mr Chue makes fall apart when the marginal cost if a small part of the total cost. Basic economics people! If we cut 90% of the need for fuel (25x9=225mpg city, soon to come!), what will a gal of gas cost? < $1? Wake up!
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Mr. Chu is again wrong. Ask..if I had a Nuke car that needed no fuel during it's life. How much more would you pay? An Otto engine is 10-20% city/highway. What if a new engine were 60-70% (here in 5 years!)? At $2/gal and 200k miles, old engine (25 mpg,say) burns 6 time as much fuel....8000 gal vs 8000/6=1333..net saving 6666gals. $16,000 vs 2666. If the car costs 26k, the new car fuel is only 10%...old is 60%. Fuel is then a small part, and the price of fuel does not matter as much...
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Jay, Did you actually read what I said above???? Try reading it a thousand times and then make an apology to me...thanks in advance... There is a way to get 70-90% of the fuel required out of the system...get it? Think before you comment...Turn your brain on, please...
