Prime Minister for Canyons wrote on May 24
th, 2021 at 3:41pm:
Frank wrote on May 24
th, 2021 at 3:38pm:
Most educated state in the country
Er.... not a State.... so much for
your 'education'.
"The overseas experience is clear on this point: any cuts to EV subsidies quickly lead to a significant drop-off in the demand for EVs.
Let’s mention here that these subsidies are highly regressive – it is overwhelmingly high-income owners who purchase EVs, often as second cars. (When a long trip is planned, it is the petrol/diesel car that’s used – the owners aren’t that stupid.)
...
At most, EVs will save between 6 and 10 tons of emissions, after the construction of the vehicle is taken into account.
And note here that most batteries are produced in China using coal as the energy source. This means that one quarter of the typical emissions of a petrol/diesel-powered car are generated at this point for EVs with China-sourced batteries.
Taking the average subsidies to EVs, it turns out that the cost of abatement for EVs can be up to 120 times higher than what can be achieved in the electricity sector. As Faith Birol, head of the International Energy Agency (and no climate sceptic) has stated: ‘If you think you can save the climate with electric cars, you’re completely wrong.’
The bottom line is that EVs are a road to nowhere at this point of time. They may give their high-income owners a sense of smug satisfaction that they are doing right by the planet, but it’s just a grift by another name."