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I can't imagine that producing the batteries or recharging them emits anything like the amount of CO2 used for even a single lap of the Island by petrol.
I've long felt that motorsport should lead the way in producing fast environmentally-sound equipment - partly for the reasons given, and partly to silence the environmentalist extremist lobby, who don't seem to appreciate that most advances in fuel efficiency originated in motorsport. This should be a good step towards that. Obviously even 100mph is a long way off what a petrol-powered bike can do, but this is only the beginning.