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Will Electric Utilities Destabilize Oil?

Positive Future #190 (Feature photo – Electric Tesla Charging Up – CCA SA 3.0 Unported) SoCal Edison, one of the largest electric utilities (has 14 million customers in Southern California). According to GTM News, the company is requesting $760 million to install 48,000 electric vehicle charging ports over the next four years. The company already has 1,000 charging stations. The California Public Utilities Commission has to approve the plan as it will be ratepayers that ultimately pay the bill. So why would a public utility want to install 48,000 charging points? Perhaps it is all about the money. If you can get folks to buy your electricity to run their…

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Financial Investing – Taking Gas Engines to the Mat

Positive Future #11 (Feature photo – Basic Internal Combustion Engine – CCA SA 3.0 Unported) Over the past few months, the dollar signs have been off the charts relative to car manufacturer spending on electric car development. Volkswagen made news recently by announcing that it will spend $40 billion over the next five years on electrification of its cars and autonomous driving technology. Ford has committed $4.5 billion over the next few years on electric car development. Not to be outdone, General Motors plans to introduce 20 electric car models over the next six years. Between manufacturer spending and consumer spending on plug-in electric cars, the pool of money competing…

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