Europe is an outsized indicator of the “shocking levels” of worldwide inequality. OXFAM’s September 2015 press release, “Increasing Inequality Plunging Millions More Europeans into Poverty”, makes a stark comparison between the “123 million people – almost a quarter of the EU’s population – at risk of living in poverty and its 342 billionaires”. Other reports show how, worldwide, the fortunes of the mega-rich have soared during the crisis, a situation summed up in the notorious statistic “Richest 1% Will Own More Than All the Rest by 2016”. The socioeconomic effects of this indecent inequality and how to deal with them are widely discussed and one product of the debate is a fast-expanding interest in the universal, unconditional basic income, which is usually presented as a measure for combatting poverty.
Heavy-duty diesel-engine trucks (agricultural, cargo, mining, logging, construction, garbage, cement, 18-wheelers) are the main engines of civilization. Without them, no goods would be delivered, no food planted or harvested, no garbage picked up, no minerals mined, no concrete made, or oil and gas drilled to keep them all rolling. If trucks stopped running, gas stations, grocery stores, factories, pharmacies, and manufacturers would shut down within a week.
Since oil, coal, and natural gas are finite, and biomass doesn’t scale up, clearly someday trucks will need to run on wind, solar, hydro, and geothermal generated electricity. Yet even batteries for autos aren’t yet cheap, long-lasting, light-weight, or powerful enough for most Americans to replace their current gas-guzzlers with. And given the distribution of wealth, few Americans may ever be able to afford an electric car, since two-thirds of Americans would have trouble finding even $1,000 for an emergency.