Peak
cheap oil is the problem - you can always find expensive oil, but once you need more energy to extract the oil than that oil can give you, it ceases to be relevant. The energy return on energy invested, in other words.
In other disappointing news, it might be that the carbon saved by switching to electric vehicles may be negligible to none at all.
http://blog.gorozen.com/blog/explor...d6Q&utm_content=131502455&utm_source=hs_email"Moreover, they point out that a typical EV is on average 50% heavier than a similar internal combustion engine, requiring more steel and aluminum in the frame. They conclude the “embedded carbon” in an EV (i.e., when it rolls off the lot) is therefore 20–50% more than an internal combustion engine."
You save on the carbon bill by using green electricity, so the breakeven point appears to be at about 130,000 miles traveled. Unfortunately that also seems to be the point at which you replace the EV batteries because they are no longer efficient enough, and so you are immediately back in a carbon deficit. This may change in the future with better battery technology but for the minute...oops.
Of course, it might just be oil companies trying to keep their business model working. Everyone gets to pick and choose the science they believe in these days anyway.