text: From a recent article in the Financial Times (posted):-
  
  "The rise of electric cars and hybrids, from Tesla’s Model X to the Toyota Prius, have generated headlines for their potential to overhaul the relationship between motor cars and oil use. But many analysts say it is overshadowing today’s reality.
  
  "FGE says that in the first half of 2017 for every new electric car that came on to the road in the US, Americans bought 60 new fuel-hungry SUVs. In China the ratio was 30 new SUVs to every electric car, and 25 in Europe."
  
  Another reality is that carbon taxes set at $20-$50 per ton DON'T WORK. Experts say that in order for a carbon tax to reduce oil & gas consumption in the rich OECD countries the tax would have to be AT LEAST $200 per ton.
  
  https://www.ft.com/content/d436b5e2-9c86-11e7-9a86-4d5a475ba4c5