But how am I to feel alive if I’m not angry or afraid?
omera
1 year ago
Let me demystify some misinformation on EVs and batteries and charging stations. I own a 2015 Nissan Leaf bough in 2014, so owned it for about 8 years and have 91K+ miles on it. Verified by many ways, my battery capacity is about 75% of it’s original 24KWh capacity after 100+ times of DC charges (yes you can charge and your battery will be okay!) and many what’s called tier2 (30A, 220V) charging at home. My battery stayed at this capacity in the last 3 years. So battery end of life is well beyond 8 years manufacturers originally thought. Obviously I am not the only one with these type of observations, any Nissan Leaf manufactured after 2013 has exceptional battery retention rate. Charing stations, DC/rapid chargers, are expanding in rural areas fast since hooking up to existing grid is relatively easier and demand is most. On interstate or highways will be more painful. But tell me one main paradigm shifting technology that did not cause problems in day-to-day life. I am having hard time understanding why people focus on the problems which will be there, but massive investments private and governments putting in (and no means free money) to make the shift. I suggest people to read the shift the world made from steam engine to gasoline engine which by some measures former was superior, yet change was made. Irony is what Mr. Ford did to make gasoline engine more affordable, also killed the electric car development at the time, killing steam engine (what he did not touch, namely locomotive steam engine stayed alive longer) and electric car at the same time.
You have to pay to have it hauled away no matter what… unless you’re gonna haul it.
KidHorn
1 year ago
Silicon Ion batteries solve a lot of problems. Some new cars in 2023 will use them. They don’t have as much range as Li-Ion, but the range is OK for most. Maybe 250 miles instead of 300 on a full charge. They cost a lot less and aren’t a fire hazard. There are other promising battery technologies that can be mass produced.
The electrical grid is a problem, but not insolvable. IMO the best solution is to build nuclear plants.
tractionengine
1 year ago
Whenever the government screws up on a massive scale (such as this), there is just as big an opportunity for profit. I just have to figure out how to get my hands on some of it. We know this is another SNAFU so let’s just get our noses in the trough instead of complaining.
if the US goes, everywhere else will too. I plan on a new career here as a warlord, astride a throne built from the bones of my enemies.
Jojo
1 year ago
South Korea fines Tesla $2.2 mln for exaggerating driving range of EVs
2 Jan 2023
SEOUL, Jan 3 (Reuters) – South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc (TSLA.O) for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures.
The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the “driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers” on its official local website since August 2019 until recently.
The driving range of the U.S. EV manufacturer’s cars plunge in cold weather by up to 50.5% versus how they are advertised online, the KFTC said in a statement on Tuesday.
Didn’t we see a plethora of “green energy” companies spin up during the Obama admin, take in tons of government subsidies and then die miserably within a few years. The big ones then were the solar panel companies.
The business plans were all about the grift and had no chance of long-term success. Guess we’ll be seeing that again.
Esclaro
1 year ago
Complete and utter nonsense. It reminds me of the lunatics who kept saying that we are running out of petroleum. Wrong! It’s all a question of price. At a high enough price the world is swimming in oil. At a high enough price reserves of these minerals suddenly become available all over the place.
better question is where are the power grid upgrades? 2 billion electric cars in our future all plugged in saving the planet makes sense if youre insane
whirlaway
1 year ago
“Where are the Minerals?”
In countries that are suddenly found to be ruled by “dictators” and “tyrants”?
JRM
1 year ago
The vast majority of this EV battery manufacturing will become “MONEY LAUNDERING” operations like Obama’s solar panel “MONEY LAUNDERING” scheme!!!
FromBrussels2
1 year ago
Plenty of resources in Russia…..time to carve up A too big, debt free nation….IT SHOULD BE fn OURS, we are fn exceptional and fn democratically exemplary after all, are we fn not?! LES GO FOR IT !!!
PeterEV
1 year ago
This fourth graph down in this link from Exxon-Mobil shows that the world production of crude oil may have peaked in 2019 and if not, 2032 shows a lesser peak at:
link to corporate.exxonmobil.com After that, its all in decline which is why all the automotive manufacturer’s are now focusing on producing EVs. In the graph, anything below the orange area is used in making transportation fuels.
After 2019 or even 2032, are we going to immediately run out of crude oil? NO. We have time but to keep transportation fuel costs to consumers, we need EVs. Some of the Teslas are NOT using cobalt in their packs.
Are the car companies NOT installing more charging stations?? The answer is NO. Many installations are going in and many are being planned.
If a hurricane is approaching, we have **days** to recharge our vehicles and get away from the most destructive part of the storm. Do EVs take longer to recharge? YES.
It is easy to take pot shots at EVs as we are still in the realm of fast changing developments, diminishing resources, and countries playing games. We may not like Mr. Musk, but he has spurred us on and has shown that EV’s are viable and fun to drive.
WRT approaching hurricanes, with most of the grid above ground and susceptible to damage, it might be worthwhile to tow a small gas-powered generator beyond your EV.
Or just go perpendicular to the path of the storm, wait it out, and then return. Without electricity, gas stations can’t pump fuel.
8dots
1 year ago
Nancy is out. Biden gave her a bear hug. US gov promote ev and blocked the radical EPA fight with the oil and coal industries. Many innovative co will eat each other, destroy each other, until the winners stand tall.
Christoball
1 year ago
Perhaps subsidies for heated garages in cold climates are also in order to protect batteries from getting an EV cold . This will help with the weather change crisis. Meanwhile millions of homeless vets and mentally ill are freezing in the cold. The compassion of progressives is astounding.
Technology will not stop the global weather change. Simple natural lifestyles and conservation efforts would be more in order. Imagine if the effort was to double the average number of trees and triple the average age of trees on the planet. Imagine if the effort was to double the number of wild critters, birds and insects. The carbon sequestration of this would far exceed any abracadabra from Washington or technology. The problem with simplicity is that there is no percentage in it. Sad but true…..Graft is were the money is.
Sorry. Though your suggestions would help a tiny bit; there are no simple solutions to global warming and the subsequent climate change.
However, tens of thousands of such tiny solutions “could” add up to something more significant.
Though I don’t expect to see much real progress till sometime in the next decade.
I would be pleased just to see the number of trees, animals, birds and insects stop decreasing. I have no idea how you could get them to increase. Do you?
more nat gas, and nukes, and hydro. the low hanging fruit is the way forward for the next few decades as billions of humans come online to the rich world we’ve enjoyed for past century.
“I would be pleased just to see the number of trees, animals, birds and
insects stop decreasing. I have no idea how you could get them to
increase. Do you?”
They call it the “Birds and the Bees” for a reason. Let nature take it’s course. Humanity needs to step out of the way of nature. Electric vehicle subsidies and mandates put up a road block in front of nature.
“Meanwhile millions of homeless vets and mentally ill are freezing in the cold. The compassion of progressives is astounding.”
You really live in a deluded world. Is progressives that frequently fight for veterans and homeless while conservatives howl “socialism is bad” every corner.
We are talking about trillions of misguided money, no divide and conquer intended. You merrily have to look at the progressives who are supporting the EV agenda. Of course the usual suspects will profit from it. Might as well set up a profit structure for the usual suspects that will benefit humanity instead.
Unlike your critics, I know that lithium battery heating is a major issue. The most likely solution (in the short term) is garage heating, although it seems ridiculous to heat 4,000 cub feet just to keep the battery going.
As in most things government driven, the EV-Green Crap planning is deplorable, with incalculable adverse impacts. The lifetime damage (in the USA) to math scores (and quantitative learning) resulting from school closings during Covid, for example, is recently estimated around $28 trillion.
I have taken “Compassionate Conservative” to a new level as a “Compassionate Redneck”
I have donated over %20 of my income to the mentally ill, homeless, and homeless vets in the last 4 years. This is hands on, not just donating to an non-profit organization. If I was living above my means as most do running around in an 80,000 EV and paying the mortgage on a McMansion; I would have little left to help others.
Progressives cause homelessness through advocating open borders.
That is a good question. It is hard to discern which ones are effective and which one’s are not. This is why I give assistance directly to people. It is not hard, there is someone in all directions that needs charity. Of course it is easier to say “I gave at the office” which in affect is what many people are doing when the give to charities without knowing their integrity. Lot’s of administrative costs and fund raising costs in non profits.
Actually, it is possible to target a virus to certain populations by using specific DNA segments. This has been speculated as the reason why China has been acquiring DNA-Genealogy results from other countries.
Portlander2
1 year ago
Authoritarian State capitalists like China think 30 years ahead. Command of critical strategic resources is not the USA’s strong suit. We used to have a national security stockpile of things like titanium, chromium and cobalt; but then the neoliberals said (after the dissolution of the USSR) “let the markets take care of it.” Well, we now know that “the markets” are fundamentally myopic.
Of course, when the US needs a resource, it compensates for lack of foresight with muscle to get it. Coming up: a proxy war in Dem. Republic of Congo? Or an expensive CIA funded “private company” to fund an insurgency, bribe DRC’s leaders or find new deposits? As economic and military hegemon we can afford to be stupid, myopic and lazy…. Or can we, in a multi-polar world?
As for China locking in critical stocks of rare elements like lithium, we used to think that China’s economy was fundamentally symbiotic with the USA’s. In actuality, it still is. But politically, the once-dominant nostrums about free trade have given way to “us-them” jingoism. Why? It seems that “China is catching up with us! We have lost so many manufacturing jobs! Taiwan! Therefore, China is a threat!” Again, these developments have been decades in the making, proving again how myopic the USA is. I mean, most of those manufacturing jobs, if they aren’t in China, will simply move to Vietnam, Indonesia, etc. Taiwan is fundamentally not our problem (and neither is Ukraine). Not only is this political theatre myopic it also very deceptive. And America’s workers (and those of Japan and Europe) and soldiers will be the victims. Again. And yet again.
correct. but like the dutch empire, the amerikan empire is now controlled by the financiers. who have as their shot gun girl friends, the military industry revolving pentagon to raytheon. when men grow up, if ever, and realize who is our ruling class, and what the goals are, most things come together. the arrogant and ignorant who think the fed and bankers are fools, are really the fools themselves. ps the dutch empire was ruined by their finanancial ruling class. it’s the road to ruin. like john law and french empire. very few things are by mistake. the ukraine billions is purposeful with a goal. same with printing trillions and helicopter drops. the middlebrows who think the ruling class is lost, just don’t get what the goals of the rulers are. same as it ever was.
You cannot have preemptive planning in a democracy like the USA where everything is dependent on politicians whose business model is built around copious monetary contributions from companies and power people.
Whenever someone gets the idea to “get ahead of the curve”, there will be someone else with deep pockets who will complain that doing so will impact their business or lives. If politicians support the change, then they risk losing big money contributions to their campaigns that they need to get reelected.
The real solution is to take money out of politics.
that’s no solution. that’s fantasy. the real solution is pretend we are a republic and cut the empire building out. also fantasy. this empire is doing what past empires usually do. all the way to penury for the masses.
“Is anyone in the administration seriously considering any of these issues?”
No, because it is all supposed to be safe and effective. If this doesn’t work out, some future Democrat president will declare that we need to outlaw privately owned vehicles and institute massive, mass transit. Never let an induced crisis go to waste.
mrutkaus
1 year ago
RE FL Evacuation with EVs:
Duh, they don’t care.
The plan is further restriction of movement. With EVs they control your driving by controlling your charging thru your CC or smart meter.
Pick your own “they.”
8dots
1 year ago
Now ME and Doug78 have something in common : we are both blocked. Don’t send the boys after us.
Good article Mish. Though there is nothing new to see here. This story has been playing out for quite some time as part of the energy transition that we are in. And it is going to continue to play out for the next two decades.
As I have stated before: we could have a far more positive impact by focusing on plug-in hybrids with much smaller batteries that travel 20-30 miles on a full charge and then run on gasoline; rather than on full EVs that travel 300 miles. We could build 10x as many hybrids using the same amount of battery materials. And have a far bigger impact on emissions.
Consider that 80% of car trips taken are less than 10 miles; and 94% are less than 25 miles. A plug in hybrid could handle all those trips without resorting to using the gas engine very often at all. That means that we could reduce emissions far more if we switched our focus to plug-in hybrids, rather than a much smaller number of EVs.
But I don’t get to decide what the focus is about. All I can do is accept what those in charge are focusing on. And that is renewable energy and EVs. And then I can try to take advantage of that focus. Better to take advantage than complain.
As this transition slowly progresses, we will continue to see increasing demand for oil and gas, in addition to battery materials, windmills, solar panels, hydrogen production (particularly green hydrogen), fuel cells, EVs, etc
The easiest way to make money from the transition remains in the oil and gas sector. Though as the decade rolls on, I expect to make money in renewables as well.
2021 and 2022 saw the S&P energy sector (oil and gas) rise over 50% each year. I expect around 20-30% returns per year for the rest of this decade.
One of my daughters lives in Vermont. There you need cars that can plough through snow on a daily basis and since the population is 80% in rural areas evs are at a disadvantage. Nevertheless the state has big plans for evs.
Why don t you go and visit her on a more regular basis , a wooden shed in the garden for you would be great in order not to create problems taking into account your rather conflictive ‘I know it all’ character …..
Was there for Thanksgiving. They have a big house so lots of room. Had a great time with the grandchildren too. Never get into arguments with family is our rule. Arguing is for places like here.
Plug-in hybrid that can travel up to 30 miles before the gas engine kicks in. That covers the majority of trips that people take without having to use the gas engine.
Apparently, a lot of people. There are over 1.5 billion registered motor vehicles in the world today. And every year we produce another 80-90 million. EV production makes up 6-7 million of the 80-90. No big impact from EVs yet. Maybe by next decade.
There are a lot of people all over the world who already have to walk, bicycle, or take public transit because they don’t yet own an automobile. Many of them still aspire to own an automobile. Expect over 2 billion vehicles by 2030.
No one talks about how ev batteries just don’t work or charge in very cold weather. Not sure what this means for people that live north of the mason dixie line where winters can be really bad when everything goes electric.
Many EV owners will be surprised when, depending on how aggressively they charge their EV’s, the battery wears out in 6-8 years and costs them more to replace at that point than the actual value of the car.
Using super chargers (SC) to charge an EV battery will cause it to wear out sooner. These heat up the battery significantly. You are supposed to wait until the battery cools down after using a SC. Very few people wait for the cool down period, thus contributing to shorter battery life.
Using an EV in cold weather with the heater running will cut available distance by 40% or more. Anything that uses electricity in an EV reduces the range of the car. Towing something reduces the range significantly.
And even if you supposedly have an EV with 300 mile range, you don’t really. Manufacture’s warn to recharge when the battery hits 30%. That means a 300 mile range is actually a useable 210 miles.
‘Very Difficult’: Electric Vehicle Owner Took 15 Hours to Drive 175 Miles
October 18, 2022
The owner of a popular electric car said it took him about 15 hours to drive 178 miles from one Wyoming city to another, raising concerns about the widespread viability of electric vehicles.
Alan O’Hashi, who drives a Nissan Leaf, said that driving long distances in an electric vehicle takes far longer than driving in a traditional, gas-powered vehicle.
It’s only 178 miles from Cheyenne, Wyoming, to Casper, Wyoming. In a gas-fuelled vehicle, that trip, on average, takes around 3 hours.
But for O’Hashi, he told the Cowboy State Daily that it took “15 hours to get from Cheyenne to Casper,” adding, “It was very difficult.”
O’Hashi said that trip took place in May 2022, noting that a month later, it took him 11 hours to travel between the two cities.
With plug-in hybrids, you have a backup gas engine that helps offset whatever problems the battery might have. Makes sense to me. But I don’t get to decide which types of vehicles car makers decide to produce. Though I do get to decide which type I would be interested in buying.
agree papa. hybrids are the way. and agree on petroleum products. though as the russians physicists believe, i don’t think it’s fossil fuel. it’s geologic.
That’s not GM’s vision, but I do agree with your points.
Webej
1 year ago
Obviously any stimulus will for 100% leak into a bidding war on scarcity (metals, components, grid — destroying the business case for consumers).
Is anyone in the administration seriously considering any of these issues?
Of course not. Our civilization is based on ignoring second and third order effects.
We perpetually think we can best Mother Nature with a new trick, leading to only benefits not offset by as yet unknown (or even self-evident) harms.
8dots
1 year ago
There are two bottlenecks : China processing and our electric grid.
US Dollar is strong because we raise interest rates, sell weapon and missiles and LNG. Wall street love real estate. When one acre of leased land produced more oil, by shifting from vertical to horizontal extraction, it created a bubble. The easy stuff to extract is gone. Coal is dirty, the wind and the sun are not good enough. A tiny country like N.Korea can build a bridge to our grid, to extract dollars. We can build a wall, but foreigners programmers are better than ours. Invisible hands can cause blackouts and collapse. It’s hard to know whom to blame, to punish. EV batteries technicality don’t matter without a safe and secured grid.
GruesomeHarvest
1 year ago
And how about the electric grid which can’t handle the extra demand required for EVs? Seems like our overlords are neither wise or have a clue about the physical world. They just chant “green is good” and think it is an incantation to a better world. The irony is, plants love CO2!
A sad commentary on our Dimocracy (goverment by the dim-witted).
The scientists who measured the effect of CO2 on plant growth, didn’t do so because of a green agenda; it’s just basic scientific curiosity.
By necessity this has to happen in a confined space to control the parameters of the measurement. This ascertained that plants grow better in higher CO2 atmosphere in general.
This doesn’t mean that everything outside that confined space would do well with higher CO2.
No, have seen studies in the late 1990s showing increased crop growth in an agricultural zone surrounding a petrochemical complex that had high carbon emissions.
The complex has almost eliminated carbon emissions since so could not repeat the study these days.
Lithium carbonate prices in China started falling of course right about when I invested money in a Lithium miner. I could solve the problem for the world at my personal expense by investing in every industrial metal.
You are worth your weight in gold if you are a contrary indicator.
Bam_Man
1 year ago
Malinvestment-palooza.
Avery
1 year ago
Doesn’t matter at all, Mish.
“The last official act of any government is to loot the Treasury.”
…already in progress! Follow the money.
Doug78
1 year ago
High prices are great incentives for finding new sources of these minerals. They are also great for finding cheaper ways to recycle them also. Cobalt is recycled and most metals can be as well. The only reason why the Congo produces the vast majority of cobalt is only because they use child and quasi-slave labor which makes them the most competitive in cost. It’s analogue to what China used to be with basic manufacturing. Once the costs rise other areas become worthwhile to mine and process. That price rise can come from scarcity or from slapping on import duties because of humanitarian or “excessive” carbon production content. Like with the German Liquid Natural Gas Terminal which was built in seven months rather than in the usual three years, when the need arises you can build what you need.
This right here. Oil bugs think that technological advancement is all over.
We’ve got some really smart folks that will figure it out, assuming they aren’t driven out of the market by oil subsidies.
MPO45
1 year ago
“Prius everyone? Or should we just stick with gas and be done with it?”
False choice. The answer is to pick neither. The hard reality will eventually set in for most that don’t see it yet that there simply aren’t enough resources to build 8 billion ev (or any type) of cars for 8 billion people on the planet.
13,000 years ago asian people crossed the frozen Bering strait with just their feet and some animals to settle on the western hemisphere. Several hundred years ago, europeans used wind power to do the same, neither required oil & gas or EV to do so. Life without oil & gas or electricity can be done – just ask the Amish that live without electricity or Amazonian that live in the jungle.
Foresight: The meek (no electric, no oil & gas) shall inherit the earth.
yes. MPO. correct. walk everywhere. no auto. of course we burn petro for cooking, flying on holidays etc…….the amish supply us with their un processed milk, eggs, kambucha and much more. delivered from their farms to our door front in brooklyn by egyptians. all quite illegal of course. don’t turn me into the safeway polizia or FBI. amerikans are rats. wish i lived around my italian sisters and brothers in old country. they all take 1/3 of their GDP under the table and ignore laws they think dumb. i vote both usa and italy. like night and day. rat fink nation here. see something say something………
that would be in error of your judgement. my personal life is as good as it gets. married my girlfriend 35 years ago and quite the delightful life. un amerikan really. married with kids. to the first trophy wife. i wish you well Doug. you seem perturbed about something and i detect no sense of humor. best to laugh at oneself first old sport. you are a rich kid in a rich world, and seem frightened, is my analysis of you. i assume i’m wrong.
good bye dougey. i bid you adieu. and wish you the best. consider yourself blocked. you are too much the rich world whiner, with not much to bring to the table of ideas.
You see everything in the negative and don’t like anyone who views the positive so of course you block me out. Good move. That way you can see only those who are negative like you.
Be like the Amish and sooner or later an asteroid will hit the Earth or a supervolcano will blowup and wipe out the Amish and everyone else. Humanity living the “natural way” is a recipe for extinction and although some will cocotte a philosophical justification for rejoining the animal kingdom myself I prefer us not to have that fate.
that is also true. best to just buy that big truck on credit i don’t need and that huuuuuuge mcmansion and order junk from china to fill it up with. i’ve proposed an energy savings. just order the junk from china delivered right to the garbage dumps in KY and VA…….cut out the middle man.
survival has never been a concern of mine having been fortunate to be born in mid century last in rich world. but your comment is over my pay grade, and sounds either sinophile or pornographic. i have no issue with either.
Your paygrade must be really low. Look up long pork and you will understand. The agrarian world was not some fun farm idyll. It was cycles of feast and famine. Hunter-gatherer societies suffered from the same cycle. We do not unless you live in a dirt-ball country.
ha ha ha. so stealing that. i used to always admire the fat families smoking and heading to the spaghetti factory slop house down the block from me in downtown phoenix. i’d tip my hat and admire their childlike dumbphuckery waddling down the sidewalk 100 feet from their tank size trucks parked in the lot. exquisite display of pax dumbphuckistan wildlife. no need to go to any safari in borneo or darkest africa.
A small Italian car surely if you do the math. They certainly cost more than a car. If you are a bicycle freak I can understand why you think you are saving the planet but the very high-tech bikes use a lot of carbon to make.
PreCambrian
1 year ago
Almost all mines create pollution problems including coal mines, iron ore mines, and gold mines. It is one sided to only consider the negative effects of materials needed for EV’s and not of everything else that society purchases. That said, subsidies create unintended consequences and artificially distort supply and demand. A big role that government can and should fill (but does not do so very well) is the prevention of profits caused by undue or unacceptable harm to others, in particular pollution. Because there are no effective means of enforcing international standards, it basically means that materials are sourced wherever the countries are willing to accept the most harm to their countryside and their citizens and we are on a downward race to despoil the entire planet.
You have to assess the impacts of sourcing, extracting and processing of all the various components of ICE vehicles vs BEV vehicles.
Remember, if you build BEV vehicles the impact of build and running ICE vehicles disappear.
Here is a quick summary of the deltas to be considered:
A) ICE components (engine, catalytic converter, alternator, etc..) and continuous oil extraction, shipping, pipelines, refining and distribution (incl. truck transport, gas stations, oil changes, etc).
B) BEV components (motor, battery) and continuous electrical generation (hydro near me) and distribution (may need upgraded distribution system and chargers).
Seems to me the infrastructure to support BEV vs ICE might be as comparable to having to pump gas, change oil and maintain ICE vs just plugging in every night.
Best would be neither – remember the work from home trend requires families to own less vehicles.
That is why everyone is building new processing sites outside of China.
Mac Timred
1 year ago
Great article. For “dirty” consider this – the one US based lithium miner doesn’t actually mine they way we think a bout mining. They extract water from an ancient aquifer in the Nevada desert and then let it dry out on the surface akin to how salt is often produced. So to save the planet we destroy an irreplaceable aquifer – the same people promoting this, hate on fracking for – yes – depleting aquifers.
But what is coming that no one is talking about, is other clean fuels like hydrogen. Huge investments being made and will save us. EVs may never really take hold, may end up with EVs as transitional to hydrogen and fuel cells. Natural gas should also be in the mix but for the ideological enviros. And to be clear, I am an original enviro who still does things like pick up litter.
Hydrogen is the smallest element — it leaks. Helium is similiar — and helium balloons only stay inflated for hours, not weeks. Gonna have to figure out that one. Also, natgas is produced very often with oil, and is also finite (at today’s prices). I guess the Ukrainian thing would have been a lot worse for Europe had they not found the natgas from other places (like Norway).
hydrogen to ammonia. farmers have been operating with it for years, including storage.
8dots
1 year ago
Most kids in Germany, Switzerland and other European countries enter vocational schools on a route to become workers in their city factories, earning good middle class wages, from day one, without student loans debt and with a saving accounts. Gov and communities pay part of the cost. Factories, the rest. Vocational schools teach students science, tech skills, paying them while they work. Without EV millions of teenagers might not attend schools. Employers are directly responsible for kids future success. But if Europe enter recession mfg will cut cost and reduce payroll. Without their support European teenagers might have the same fate as those amerikan kids in Johnstown PA.
vanderlyn
1 year ago
this analysis is good. economist newspaper has been covering this, since summer of 2022 when Biden put amerikan domestic industrial policy the highest as percent in world, over taking germans and japanese. why i came to conclusion 6 months ago, your deflation prediction is absurd. we are in the post ww2, read post covid, borrowing and printing and inflationary boom for new things to build. replace EV with suburban sprawl and vaccuum and fridge production and sales. if EV doesn’t work, they just print up some more and try something “new”. maybe bring back building canals and RRs. please LOL. i’d suggest going long the AUD or some great OZ extraction companies.
have a good life old sport. i’ll block you. too dumb to bother with. block me, too. mutual destruction. cheers old gal.
TheCaptain
1 year ago
Trump was annoying AF, I will admit. Arrogant braggadocio, narcissist, all of the usual liberal tendencies from his days as a dyed in the wool Palm Beach elite dem. But Brandon? He’s dangerous in an existential way.
Biden speaks with forked tongue, but that is not news.
From the article, “Reuters reported last year that Biden aims to look abroad for metal supplies and focus on domestic processing into battery parts. The strategy was a move by Biden to shore up support with environmentalists and counter to his private commitment to miners during the 2020 presidential campaign to allow more domestic mining.”
So we strip mine the rest of the world for raw materials and bring them here for the value add. It looks like colonialism is popular in Washington again.
This is not really a new policy, Clinton, Gore, and Babbitt were quite explicit about it back in the 1990s, I’m trained in mineral processing, but after that administration I had to change careers.
By the way, there is a cobalt deposit near Salmon Idaho. It’s near the river and you can guess the odds of that mining permit being issued.
Naphtali
1 year ago
Perhaps we should look back to an earlier day and produce more efficiently-sized vehicles. I miss my 1960 VW Beetle. 36BHp. I could barely make 45MPH going up hills, but it did get me places.
i just walk miles per day, here in kings county NY. i do have to replace my sneakers quite a bit. i’m a hard walker, and pounding the pavement looking for cannolis and pieroges and weed can sometimes be energy inefficient.
Whoa. Two of us with ’60 bugs back in the day! I did love my bug in the snow. And it had a sunroof for the summer.
But my memory is not all roses. 45 uphill??? Um. Yeah, in Iowa or Florida. My up hill was 2nd gear when going fast – like up to a screaming 30mph. 1st gear when the hill was steep. You ain’t lived until big rigs roar by you in low-low on the uphill Grapevine.
And, remember the gas gauge? For others reading this, the ’60 bug gas gauge was the odometer. Otherwise you drove until you ran out of gas, and then flipped a lever on the floor to tap the bottom of the tank for an extra 20 or 30 miles or so.
Heater? We don’t need no stinking heater. Ah, that time in Montana, scraping a 4 in hole in the inside front window ice so I could see something, anything, outside.
Windshield wipers? Har, har. Compression. They go faster when you don’t need them, slower when you do.
But, a great car for a 20 year old to circle the whole US. Bent valve and all.
jivefive98
1 year ago
As a person involved with alternative vehicles fuels and an owner of a Chevy Volt, maybe you have to fasten the argument into something more like: dont look at driving with gas and diesel vs driving with electricity. Look at it more like driving with electricity vs not driving at all .. in a cost effective way. The world’s oil supply is peaking (just watch the prices), and we tried methanol, ethanol, natural gas and propane to fuel vehicles. It was a big waste of 10 years. My Volt runs on both electricity and gasoline, and my last 3 Volts charged exclusively at home. Stop looking at this in terms of absolutes. We didnt get our world’s oil supply for 100 years from one well. We did lots of little things. This will be the same way. No choice.
Six000mileyear
1 year ago
The recent reports of EV’s having performance problems in sub-freezing weather is a major concern. Decreased range and failures to recharge makes the car impractical for long trips in norther states during the winter, and places a requirement on owners to have heater garage at home.
But why are these reports just coming out now? Social media is a forum to take out immediate frustration with a product or politician. Certainly an investigation is needed. It is known batteries draw more current in colder weather and lose their capacity over time. EV batteries have temperature sensors for safety. Maybe the sensor malfunctioned. With supply chain problems, it may be possible consumer grade replaced automotive grade electronic components.
So until performance issues keep widening the trade offs between EV’s and combustion vehicles, demand will flatten or reverse. Building these factories should be paused until performance issues are resolved.
Check out Round Top, Tx. TMRC
insects stop decreasing. I have no idea how you could get them to
increase. Do you?”
And how do you know this? Got numbers? Considered timed charge slots to keep demand steady?