THREAD: Sports Utility Vehicles (SUVs)

Global car sales shrank by ~14% in 2020
* Sales of electric cars grew ~50% (from a very low level)
* Sales of SUVs declined ~10%, but share of sales went from 39% to 42%

→ What about emissions from SUVs?

1/

https://t.co/WBN3Lup2hU

Emissions from SUVs are estimated to have seen a slight increase of 0.5% in 2020, despite global emissions down ~7%.

"Despite the effects of the pandemic on overall car use, SUVs consumed more oil last year than they did in 2019"

2/
"Oil consumption from SUVs reached 5.5 million barrels per day in 2020"

"Remarkably, we estimate that the increase in the overall SUV fleet in 2020 cancelled out the declines in oil consumption by SUVs that resulted from Covid-related lockdown measures"

3/
"SUV emissions are comparable to those of the entire maritime industry, including international shipping"

"Emissions from SUVs have nearly tripled over the past decade"

4/
"we estimate that the reduction in oil demand from the increased share of electric vehicles in the overall car market in 2020 – around 40,000 barrels a day – was completely cancelled out by the growth in SUV sales over the same period."

5/
"An estimated 9 million people delayed the replacement of their old car, and the prolonged use of these older, less-efficient vehicles increased oil demand by 50,000 barrels a day in 2020, according to IEA analysis."

6/
"Over the past decade, SUVs were the only area of energy-related emissions growth in advanced economies, adding 300 Mt CO2. Across all other sectors of the economy and other forms of transport, carbon emissions remained flat or declined."

7/
And shifting to electric SUVs does not help much, as it puts more demand on resources: "The strong consumer preference for SUVs has implications for clean energy transitions more broadly, notably in terms of electricity demand, batteries and raw materials."

8/
Worth reading this post by @Laura_Cozzi_ & @ApostolosPetro1. It contains some rather concerning statistics...
https://t.co/WBN3Lup2hU

9/9

More from Sport

What a year it's been. It hasn't been easy for anyone in 2020, but we've seen @spfl clubs and community trusts across Scotland step up to support those in need.

Let's have a little thread to celebrate 12 months of extraordinary commitment.

❤️🧡💛💚💙💜🤎🖤🤍

/1


We kicked off the year with Football Fans in Training.

#BeYourOwnHero


Alison wasn't actually a @PartickThistle fan (albeit she kinda fell for the Jags with help from her partner). This was her story... 💪🏽

#BeYourOwnHero


Also in January we revealed that @JamTarts would join our @JoyofMovingUK programme, becoming the third club in Scotland to deliver the project to primary schools, across Edinburgh.

In Feb, we revealed @CashBackScot is to fund a new SPFL Trust project with five @spfl clubs / communities trusts to tackle anti-social behaviour.

Off the Bench will feature:

⚪️ @DundeeFCCT
⚪️ @falkirkfcf
⚪️ @bighearts
⚪️@community_mfcct
⚪️
It's Sunday, Fed blackout, am recovering from soccer match, sipping on double espresso, so of course a perfect time to take on Tyler Cowen here. 🙂


Like many people, I enjoy reading Tyler's blog. But there are times (alright, many times) I disagree with him. This is no big deal. I also disagree with myself sometimes (especially my past self). But his recent post left me

What is he trying to say here? After thinking about it for a bit, I think he's critiquing the idea that "running the economy hot" leads to employment *and* real wage gains. Perhaps the former, but only at the expense of the latter. At least, this is what a textbook IS-LM model

tells us if one "runs the economy hot" through increased fiscal stimulus (on consumption and transfers, not public infrastructure investment). If this is what he meant, then he should have just said so, instead of labeling this a "Keynesian" proposition.

In fact, this property follows as a *neoclassical* proposition that is embedded in the IS-LM framework. (For non-economists, note that Keynes did not invent IS-LM; the framework was developed later by Hicks as an interpretation of *some* parts of the General Theory.)

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1/ Here’s a list of conversational frameworks I’ve picked up that have been helpful.

Please add your own.

2/ The Magic Question: "What would need to be true for you


3/ On evaluating where someone’s head is at regarding a topic they are being wishy-washy about or delaying.

“Gun to the head—what would you decide now?”

“Fast forward 6 months after your sabbatical--how would you decide: what criteria is most important to you?”

4/ Other Q’s re: decisions:

“Putting aside a list of pros/cons, what’s the *one* reason you’re doing this?” “Why is that the most important reason?”

“What’s end-game here?”

“What does success look like in a world where you pick that path?”

5/ When listening, after empathizing, and wanting to help them make their own decisions without imposing your world view:

“What would the best version of yourself do”?