Guest Post by Willis Eschenbach
For those who think that electric vehicles make a difference … think again.
The Department of Energy’s Argonne National Lab has just released a study showing that in 2021, US privately-owned plugin hybrid electric vehicles (PHEVs) and electric vehicles (EVs) “saved about 690 million gallons of gasoline.”
But that is a huge exaggeration because fossil fuels provide 61% of the electricity in the US, and we have to include:
- the inefficiency of burning coal or natural gas to make electricity (around 45% or so)
- transmission losses (~ 5%),
- losses in the inverter to charge the battery (another ~5%).
… so less than a third of that apparent savings is a real reduction in fossil fuel use, the equivalent of maybe 230 million gallons.
The Argonne report also says that from 2010 to 2021, EVs have saved 2.5 billion gallons of gas. So let’s be generous and say that in 11 years, EVs have saved less than a third of that, the equivalent of about 750 million gallons of gas.
Now that sure sounds like a lot of gasoline, three-quarters of a billion gallons.
However, as always, a sense of perspective is required. The US uses about 370 million gallons of gas per day … so that’s only about two days’ worth of gas.
I say again. Over the last eleven years, electric vehicles in the US have saved Two. Days. Worth. Of. Gasoline.
And how much has that cost?
Direct taxpayer subsidies for EVs have cost you and me $10 billion dollars to date, and we’re on the hook for more. The government just extended the EV subsidy until 2032 and removed the cap on the number of vehicles eligible for the subsidy.
It gets worse. The US government also just approved spending an additional $7.5 billion of taxpayer money on EV charging stations.
So to date, we’re spending TWENTY-THREE DOLLARS for each gallon of gasoline saved … economic suicide.
Who is benefitting from this lunatic waste of taxpayer money? The richest 20% of the US population, of course. Surely you don’t think the actions of the climate activists would benefit the poor?
According to research from the University of California at Berkeley, 90% of the tax credits accrue to America’s top income quintile. A May 2019 Congressional Research Service report found that 78% of the tax credit’s recipients had an adjusted gross income of $100,000 per year or more.
On top of that, we have to consider the fact that the $7,500 per electric vehicle subsidy is a tax credit, not a direct payment … so unless you’re paying more than $7,500 in Federal taxes, you don’t get the full credit. For lower-income people, this means they may only get a kilobuck or so. How upside-down is that? The richer you are, the larger the subsidy you get for buying a mostly fossil-powered sparky car! Say what?
It’s nothing but a money-transfer scam to benefit the wealthy. Lower and middle-class people are paying for the vanity-signaling EVs of doctors, CEOs, lawyers, and politicians.
And how well are the electric vehicles selling? Here’s how people think they are selling, compared to how they are actually selling.
Note that the electric car data in the graphic above (yellow/black line) is the same in both panels …
There’s a much larger problem with EVs, however—we’re rapidly running out of both the generation capacity and the grid capacity to recharge them. California can’t even keep the lights on, and our insane Governor’s response is to forbid selling gasoline-powered cars after 2035 …
… and meanwhile, Switzerland is already having to bite the EV bullet. If current European energy shortages continue, they plan to ban EVs from anything but “essential” journeys this winter …
Not only that, but going to a “net-zero” all-electric economy by 2050, as many people advocate, is economically, physically, and politically impossible. I discuss this in my post “Bright Green Impossibilities“.
The problem with electric vehicles is that they are a hugely expensive imaginary solution to an imaginary problem. There is no “climate crisis”, that’s just a lie to keep people scared and compliant. I go over the facts in my post “Where Is The Climate Emergency“. I’ve posted it all over the web, and no one has found a single flaw in it.
Unless we can stop the insane war on fossil fuels, it is going to bankrupt us all, driving energy costs through the roof, leaving low-income people shivering in the winter, and denying poor countries the energy they need to escape grinding poverty. For details about how this plays out down at the bottom of the economic ladder, see my post “We Have Met The 1%, And He Is Us“.
As Always: I ask that when you comment, you quote the exact words you’re discussing. This avoids endless misunderstandings as to what and who is being discussed.