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What would be the cost of converting everything that now uses oil to use those renewables?

April 26, 2017converting COST Oil renewables uses

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What would be the cost of converting everything that now uses oil to use those renewables?

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Very little, if we did it through attrition. An EREV like the Chevy Volt will cost about the same as the average new US vehicle, with large volume production, and reduce liquid fuel consumption by 90% (that’s the range that biofuels can scale to – ethanol production is about 10% of gasoline volume right now).