We are discussing real world depreciation, a mark-to-market degradation in value. Book is only relevant to any financing, and if you are negative equity and lack the funds to bridge the gap.
This is like asking whether you would like more money and saying no. It's also troubling some people have already forgotten the lessons of the 2008 financial crisis.
Cars crash; 6 million crash annually in the United States. They get sold. If you finance a vehicle, it may not be on your schedule. Loans are based on income, not residuals. Lose the income and the residuals are all that prevent negative equity. Crash the car and you may end up with a loan but no car.
If you are so high income or wealthy it doesn't matter, congratulations. Otherwise, naivete is not a great financial strategy with tens of thousands of dollars.
Plenty of people in the Twin Cities live with only a bike and public transit. I was one of them and I never felt the massive disadvantage you write about. You just need to choose to live in an appropriate location.
Little is from beef. Beef, while the worst for emissions per calorie, is a tiny part of the overall food chain. Grains dominate.
You will get closer, but I suspect your nation is simply too wealthy to hit the target. The UK is 2.25x higher than two tonnes per capita.
It might be achievable if you cycle, never step foot on an aircraft, eat a local vegetarian diet, live in a small space heated with a heat pump, and buy solely used durable products. Again, there's too much carbon in the supply chain and government services like road maintenance
Gasoline powered car ownership is not mandated by law and every country has cities where a car-free lifestyle is possible.
It appears you chose to move to a small town near Des Moines. North of you are the Twin Cities where you can live car free with public transit or a bicycle if you are physically capable.
So yes, you do have a choice. The privilege is the money for a car.
I am conflicted on this issue. Commercial aircraft are the public transit of global movement. They should be the last curtailed.
Instead, shut down private jet airports like Biggen Hill for the real climate criminals, increase taxes dramatically on first and business class seats to pay for carbon offsets, and raise SAF share requirements.
Heathrow is already too close to London. Rebuild the north runway at Gatwick as planned and restore HS2 instead to cut domestic flights usage.
I doubt any US OEMs survive globally in ten years, and the seizure of Venezuelan oil fields will simply lead to stranded investments in an increasingly irrelevant commodity.
Yes, Minnesota has more solar potential than Germany. However, German electricity is 2.5x more expensive per kWh than Minnesota due to low efficiency decisions like turning off nuclear. This is having severe consequences to industry and those unable to afford to install and run air conditioning.
Solar in Minnesota is >60% more costly per kWh generated than wind. Yes, building solar in Becker recycles the transmission lines and gives a different covariance, but I am skeptical it is cheaper than simply building 100 more wind turbines and battery storage next to them to transmit in times of low generation.
Well, fragile masculinity is.
Or maybe because fire codes were written due to all the deaths.
Now with safe shutoffs and requirements for dedicated circuits, we can allow it.
We are discussing real world depreciation, a mark-to-market degradation in value. Book is only relevant to any financing, and if you are negative equity and lack the funds to bridge the gap.
Just because an asset depreciates does not mean there is not value in a reduced rate.
This is like asking whether you would like more money and saying no. It's also troubling some people have already forgotten the lessons of the 2008 financial crisis.
Cars crash; 6 million crash annually in the United States. They get sold. If you finance a vehicle, it may not be on your schedule. Loans are based on income, not residuals. Lose the income and the residuals are all that prevent negative equity. Crash the car and you may end up with a loan but no car.
If you are so high income or wealthy it doesn't matter, congratulations. Otherwise, naivete is not a great financial strategy with tens of thousands of dollars.
Why tell him at all. Just distract him..
Ask him to tell the story of how he was pulled out of the World Trade Center rubble and let his demented brain confabulate.
It matters if you are in a collision for the payout.
Please explain my ignorance. It sounds like a group of people trying to justify lifestyle choices and pretending they are powerless.
I have even been told how horrible it is to live without a car in a city where I literally lived without a car without issue.
How much does it cost to buy, maintain, fuel, park, and insure a gasoline car?
No one said choices are easy. That doesn't mean they aren't choices.
Well, America wanted an elderly man who struggles to stay awake as President again so we get elderly man ideas.
However, I'm not sure there are even short-term gains.
Plenty of people in the Twin Cities live with only a bike and public transit. I was one of them and I never felt the massive disadvantage you write about. You just need to choose to live in an appropriate location.
Again, it's a choice.
Little is from beef. Beef, while the worst for emissions per calorie, is a tiny part of the overall food chain. Grains dominate.
You will get closer, but I suspect your nation is simply too wealthy to hit the target. The UK is 2.25x higher than two tonnes per capita.
It might be achievable if you cycle, never step foot on an aircraft, eat a local vegetarian diet, live in a small space heated with a heat pump, and buy solely used durable products. Again, there's too much carbon in the supply chain and government services like road maintenance
Of course, you are miles ahead of the US.
Gasoline powered car ownership is not mandated by law and every country has cities where a car-free lifestyle is possible.
It appears you chose to move to a small town near Des Moines. North of you are the Twin Cities where you can live car free with public transit or a bicycle if you are physically capable.
So yes, you do have a choice. The privilege is the money for a car.
If you buy food, you buy diesel. It's what's in the tractors and delivery trucks.
This is why it's literally impossible for an American to live a two tonne CO2 lifestyle. Emissions are imbedded in the supply chains and government.
The drive quality is nauseating.
I am conflicted on this issue. Commercial aircraft are the public transit of global movement. They should be the last curtailed.
Instead, shut down private jet airports like Biggen Hill for the real climate criminals, increase taxes dramatically on first and business class seats to pay for carbon offsets, and raise SAF share requirements.
Heathrow is already too close to London. Rebuild the north runway at Gatwick as planned and restore HS2 instead to cut domestic flights usage.
China has left the world in its dust.
I doubt any US OEMs survive globally in ten years, and the seizure of Venezuelan oil fields will simply lead to stranded investments in an increasingly irrelevant commodity.
If you have driven the first Vinfast brought to market in North America, you understand why.
Yes, Minnesota has more solar potential than Germany. However, German electricity is 2.5x more expensive per kWh than Minnesota due to low efficiency decisions like turning off nuclear. This is having severe consequences to industry and those unable to afford to install and run air conditioning.
Solar in Minnesota is >60% more costly per kWh generated than wind. Yes, building solar in Becker recycles the transmission lines and gives a different covariance, but I am skeptical it is cheaper than simply building 100 more wind turbines and battery storage next to them to transmit in times of low generation.