What is the cost of going green? The International Energy Agency today put a figure on the amount it will cost to go green, and it’s a lot: $45 trillion. Even when you spread that amount over the next 42 years, it’s still more than $1 trillion annually, or more than the GDP of many industrialized nations.
What is embedded cost? A cost that cannot be avoided by reducing output because the cost was incurred previously, such as the original cost of an asset (less depreciation, but including the operating and maintenance expenses and all taxes)
What is a battery I think Tesla said it best called an energy storage system? Then he went on, “Now, it is not elementary to ask, ‘what is a battery? ‘ I think Tesla said it best when they called us Energy Storage Systems. That’s important. We do not make electricity – we store electricity produced elsewhere, primarily by coal, uranium, natural gas-powered plants, or diesel-fueled generators.
What is the lifespan of a Tesla battery? According to Elon Musk on Twitter, Tesla car batteries are supposed to technically last for 300,000 to 500,000 miles, which is 1,500 battery cycles. That’s between 22 and 37 years for the average car driver, who, according to the Department of Transportation, drives about 13,500 miles per year.