Right, it started dropping when the current administration was inaugurated, directly because of the party's promise to enact immediate tariffs. And it continued to drop sharply leading up to and through the tariff announcement.
I'm not trying to say anything spicy here. You can argue whether a strong currency is good or bad. But it would be silly not to acknowledge the cause. It was one of the largest global financial shocks in recent years.
> The dollar's global value has also weakened noticeably since (checks notes) the global financial world reordering that happened in early 2025, which in finance circles is often referred to collectively by the shorthand 'Liberation Day', i.e. April 2nd, 2025, during which the US currency became significantly weaker relative to other major currencies, a situation which persists until the present moment
Generally true, but the school's core protection responsibility is for its own students and staff - not the rest of the world. And the school's authority and resources are even more constrained.
At least in some places, school systems have "special" schools or other programs for the kids who they'd rather keep out of contact with the general student population.
I'm been using MPEG2 transport streams over the internet to broadcast programs to millions of people for over 15 years, and of course over private IP networks.
I'm almost certain you've seen some of that output
The question isn't how long the journey is, it's how long until you're somewhere with a charger where you can wait a long time, but not too long. Short-range EVs make the most sense for people with single-family homes. Charging at work or apartments helps, but then there's the "too long" caveat.
Even in Wales, 25% can't. This isn't a figure you can ignore.
And that's a hypothetical, it relies on landlords playing ball etc. then there's the social issues. On the north of England we have lots of terraces built for mill workers, these aren't owned by the richest on society. So then you're in the situation of charging the poorest more for transport. And these are necessarily on towns with good transport links (think 1 bus and hour).
Many of those "can't" won't have cars. 20% of households in Wales have no car.
Now clearly that 25% and 20% won't overlap exactly, but they will overlap a lot
When 80% of cars in the UK are electric and 20% are those households who rely on public streets to store their belongings for 23 hours a day, then sure that will be a problem
Given that there's only about 2 million electric cars in the UK, yet 18 million homes which can charge electric cars, that's a long way off.
Electric price in the uk on an off peak tariff overnight is about 7p/kWh, or about 2p/mile, so charging your car overnight with the average electric mileage (10,000 miles a year - higher than the average mileage) costs £200, about £1300 a year less than petrol.
Can you actually get different tariffs in the UK for residential?
In Canada most of that is pretty opaque. Electricity tariffs are not really something that most households would worry about. Businesses and Industrial usage do though
Again if you put in a £5k 10kWh battery you are golden, as you put 8kWh into your car and 8kWh into your battery every night, dropping your electric cost to £38 a month (plus the standing charge, which is far higher)
Yes, there are multiple competing providers - all the electricity comes from a single grid but competition in how you are billed for usage.
Many people choose a single fixed or variable rate tariff, but there are also off-peak tariffs that are very cheap at night but slightly more expensive in the day (designed for EV users), or even tariffs where the rate changes every 30 minutes depending on what is being generated - in this case when there is excess solar and wind generation then sometimes the rate even goes negative and you are paid to use the excess power.
Yes, the newer suppliers have EV and solar friendly domestic tariffs. Plug it in overnight, and the supplier determines when the charge happens and charges at the reduced rate.
> PH = Plug-in hybrid (Same as a hybrid but you can charge up the hybrid battery at home)
Surely that's the "same as a battery but you can use petrol on long journeys"
The only energy input for a "hybrid" is from petrol. It's slightly more efficient. A Toyota Yaris 1.5 hubrid gets about 65mpg rather than the 45mpg on a Skoda Kamiq
> Surely that's the "same as a battery but you can use petrol on long journeys"
Not really. The petrol drivetrain takes up so much room there's no space for a large battery, so the much smaller battery will only take you a short distance if you used it alone, plus now it's much less efficient because you're carrying around a heavy engine with you.
Which is ~enough to cover the vast majority of commutes, and the majority of US commutes.
Keep in mind that even if 20% of your commute is done on petrol, the other 80% isn't.
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[1] Yes, there are PHEVs with shorter ranges, but those tend to be weird luxury models that for some compliance reason have a battery strapped to them.
That data needs to be split out by how the person acquired their PHEV. In much of Europe the majority of PHEVs are purchased by companies because of tax incentives. I remember seeing a study which said that people who are driving a PHEV because it was assigned to them by their employer are much less likely to plug it in than are ordinary consumers who bought or leased a PHEV.
Does it? It’s a million cars sampled at random. Perhaps fleet affects that a little, but these are big numbers. Claimed 80% reduction in emissions, real world 20%. Some fleet skew is not going to impact that meaningfully
> In much of Europe the majority of PHEVs are purchased by companies because of tax incentives.
Love to see some evidence for that being the majority
In Portugal a whopping 87% of PHEV registrations are to corporations [1]. It was close to 60% in the UK a few years ago [2].
This should not be too surprising, once you learn another fact that is probably more surprising: corporate sales make up a majority of car sales in much of Europe. Around 65% in Germany, 60% in UK, 55% in France (the 3 largest car markets in Europe).
Corporate buyers love PHEVs. They get many of the same or similar tax breaks that full EVs get, whereas hybrids that are not PHEVs usually just get the same corporate tax treatment that ICE cars get. Even though a PHEV usually costs more upfront than a similar regular hybrid which usually costs more than a similar pure ICE, the tax breaks make the PHEV a better deal even if the company has no intention of ever plugging it in.
Compare to individual buyers. They get much fewer incentives from the government. For them the higher cost of a PHEV over a regular hybrid only makes sense if they are going to plug the thing in.
Countries are starting to phase out the PHEV tax breaks for corporations, so we should start seeing the percent of PHEVs that actually get plugged in start to go up.
Although outliers like Portugal are interesting, the whole EU averages are more useful.
you are right in that corporate sales make up ~60% of new car registrations eu wide, that is kinda crazy.
But 11.7% of EU corporate registrations are PHEV [1] versus 9.8% overall [2]. So, it’s a little higher, but not really meaningfully higher.
So yeah, ~61% of new PHEVs registered to corporations. But I’m assuming a majority of those corporate cars get resold after a few years , entering the private registered market. So I don’t really know how to guess at the % of corporate ownership of cars currently on the road. Let’s wildly guess that half of new car reg corporate PHEVs are in private hands now.
That leaves ~33% of total PHEVs corporate owned, which is a sizable chunk and would affect the statistics somewhat, if those folk truly have different behavior.
Btw this analysis of the whole situation has a ton more data than the guardian I originally linked [3]. A huge part of the problem is even in full electric mode the PHEVs still used gas 1/3rd of the time due to weak ev engines. So even if plugged in they’re still a lie in real world emissions.
So I doubt changing the corporate ownership % will change the results that much, but we’ll see.
The biggest change to watch for will actually be once the UF (utility factor) for EU PHEVs is adjusted down in 2027 to match the real world emissions [3]. If they do that, I expect the category to collapse in sales as it won’t make sense for manufacturers to subsidize them as an emissions loophole anymore.
IIRC, the latest Honda Civic Hybrid has the ICE decoupled from the drivetrain most of the time (even if it is running to generate power), but it can couple to the drivetrain under some conditions?
That sounds like what the Chevy Volt did back in the day. Turns out that it just was not feasible to achieve higher efficiency through the generator when cruising on the highway than just direct driving the wheels.
Almost certainly why nearly all hybrids have been parallel hybrids up to now. What is changing, I think, is that a significant number of people are warming to the idea of a BEV, and want all of the benefits of that, but want to fall back on gasoline in a pinch. Thus EREV, or series hybrid, which provides that crutch. Expensive, though.
I'm curious why exactly they haven't made 2-3 speed trans typical in EVs already, like Porsche did. Single gear is too inefficient at freeway speeds. Tesla supposedly solved this with dual-motor models where the second motor has a different final drive ratio, but I feel like that's more expensive than 2WD w/ trans, which doesn't need to be nearly as advanced as the ICE-driven kind.
To my understanding the increase in efficiency is marginal at best, highway efficiency is completely dominated by wind resistance in either case. It would never come anywhere near paying for the increased cost or complexity of implementing the transmission. It may not be quite as complex as a five or six speed ICE transmission, but my bet is that it is much closer to that end of the scale than it is to a single speed reduction gearbox.
Depends on how you use it. Some never plug in. Some always do. I save a ton of money without worrying about range since there is always gas when I make a roadtrip
> In 2022 is was £1.89 a litre and spent most of the year over £1.60 a litre
Why are you choosing the 2022 energy crises as your baseline? Not only your choice was arbitary but you managed to choose the year fuel was at its highest as a reaction to the war in Ukraine.
That price was not representative or typical, it was a spike. You can see it here.
Yes well people like to complain, and people have a short memory. If it were really a massive problem you would see a lot more smaller cars, rather than Range Rovers and BMWs.
We will see exactly the same thing again in a few years when people are 'shocked' that prices are rising again. And then expect the government to step in, even though on the interim they've bought a massive car on PCP rather than take some personal responsibility and buy a car that they can afford when inevitably something goes wrong.
That is an interesting perspective. We do not forget how good we have it, because we choose not to put high taxes on gasoline and diesel. Do drivers in the UK tend to forget that taxes are more than half the retail price they pay at the pump? Sometimes way over half. That is a policy decision.
In the US, roads are paid for by other taxes instead. Property taxes for local roads, and general fund monies (income, sales, and inflation) for highways. Unfortunately that hides the real cost of using the roads, and makes it harder for people to make good choices. This seems unlikely to change though.
I think it is a complicated issue. People who do not drive still benefit from having a road going to their house. Either for deliveries, or for emergency vehicles, or whatever personal transportation they do end up using. So we want to spread the cost around a bit so everyone is paying something, in a perfect world as close as possible to how much they benefit from it.
I imagine it also varies somewhat across the US. Locally, our city does not use property taxes for road maintenance, we have a pavement fee which is billed through the utilities system (same one that handles water & sewer, for example). Plus gas tax from the state. It could be argued that the distinction between the pavement fee and property taxes is subtle, though.
I hope we can get the kinks worked out. Even in many 'blue' states, we have created a situation where the road maintenance tax paid by EV owners is twice or more what the typical ICEV driver is paying. I sort of expected that in 'red' states, since punishing EV owners is a political priority, but we see that same crap in Oregon & Washington, for example.
The debt is owed to other countries, and private bond holders.
They can request their money back, refuse to purchase future bonds, and if things get really dire, potentially go to war with the US (Don't worry, this is beyond unlikely).
Historically lending money to the US government has not been a problem. It's been a low earning but guaranteed return. Many of those loans have very long terms, and so even if it's a problem today, it wasn't when the loans were initiated, and it might not be when loans issued today come due.
Government debt is not like personal debt, for a lot of reasons that I am not smart enough to explain.
China doesn't hold that much of a percentage of our debt any longer.
Somewhere around USD700B. Of the USD39T, that's obviously not that large of a lever.
Pretty sure the Chinese have been implementing a policy of diversification at a minimum. (Probably a more likely explanation is they are implementing a policy of delinking and not just diversification, because the share of US Treasuries they seem to be willing to hold keeps dropping.)
That's an important question, and why US Gov Debt is different than Japanese Gov Debt, which also has a higher debt-to-GDP ratio than the US (due to decades of "zombie economy").
About 90% of Japan's debt is held by Japanese themselves, so it's much more insulated from a crisis that can't be resolved through domestic economy policy. (It could in theory print its way out of it.) Whereas about 25% of US gov debt (which is 3x Japan's in nominal terms) is held by foreign governments, including very large amounts by China. This, combined with the US being the main currency used for international transactions, gives those countries leverage over the US economy (though selling off the treasuries would impact their own holdings as well), and conversely means that US monetary policy has a global effect.
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