The Electric Lie

 

March 18, 2022 | 10:29 AM

The Electric Lie

The Electric Lie

Team Biden (or should I say Team Outlaw?) is making the hardest push in US history to take the USA away from fossil fuels. Through the use of Infrastructure Legislation and economic policy, this Administration is trying to make the transition to electric transportation NOW as opposed to a 30 to 50 years phase in over time.

The current crisis in Ukraine has shed a nasty spotlight on 40 years of US and Global energy policies that built the perfect beast in Russia. Deconstructing that animal has just a few paths. The first and most obvious is to use all of America’s natural resources in energy production, get the EPA off the backs of oil & gas, put coal back to work, and use renewables when and where appropriate.

For some reason, supporters of this Green New Deal act as if a transition away from fossil fuels is not only necessary, but an easy road to follow. As I am about to point out, it’s a lie – the Electric Lie.

Is there enough power to expand electric cars at the pace The Outlaw wants?
Great question and the answer is no. IF we snapped our collective fingers and made all vehicles EV’s tomorrow, America does not have enough power to supply to them. Our grid is tapped. When you plug that EV into the wall to charge, the power produced (whether coal, gas, nuke, or renewable) is coming from the same source that powers all the buildings and factories. So, there would have to be a dramatic increase in US and global power production to keep the same items powered and add all those new EV’s. Plus, has anyone done a study on the cost/kWh it will take to run an EV?

Actually, Kelley Blue Book has and I was surprised at the results. Kelley Blue Book EV Charging Research First, you need to know what you pay per kWh for your home power. Take the total kWh used and divide it into your bottom line bill. That’s your cost. That varies from state to state. For simple math, let’s use $.14 per kWh as that is a larger average in a number of states according to the US Energy Administration. EIA Report on average kWh American’s pay Per the KBB article:

A conservative rule of thumb is that an electric car gets 3 to 4 miles per kWh. So divide the total miles you drive each month by 3, to get the kWh you would use monthly. Multiply that number by your cost per kWh. The dollar amount you get will most likely be lower than what you pay each month to buy gasoline. To put this into perspective, let’s give an example. Let’s say you drive about 540 miles per month. For an EV, you will use 180 kWh in that time frame. Using the U.S. household average from May 2021 of 14 cents per kWh, it would cost $25.20/month to charge an EV.

While that’s not bad, it does not solve the issue of getting more power to charge the cars.

Well, how hard is it to increase the power?
Another great question. The answer is not so clear here. If we are looking to just increase power output, augmenting existing power plants in place, then it’s a discussion of which energy system to increase to have the additional power. However, the governmental EV crowd wants to eliminate fossil fuels. They current power 60% of the planet, meaning that you have to replace that power before you can increase power production. Renewables cannot do this in any manner, meaning you have to turn to nukes for all that power. While strides are being made in nuclear, costs and the supply of fissionable materials puts this power source in question for US and global power supply.

I am beginning to hear EVs are not environmentally friendly. Is that true?
Just as there are issues in renewable tech, the process of mining cobalt to make EV batteries is a rape upon the landscape. Facts – making EVs generates more carbon than combustion engine cars due to the extraction and processing of minerals in the batteries and production of power cells. This makes EVs cars less environmentally friendly than gas cars until around 12 years in the market. This is based on a report by Zerohedge.com on the requirements to offset the CO2 produced in the EV manufacture and lifespan process as compared to the same process for an internal combustion engine or ICE vehicle. Here is the real question – can an EV last 12 years in the market? This makes EV’s, in my opinion, the wrong investment until they come up with a new formula for batteries.

The T17 mine is run by KML, a subsidiary of Glencore in Kolwezi. Between August, 2010, and February, 2011, more than 10,000 artisan miners were chased away from the sites when the company took over the area.

Are there other costs I need to know before supporting EVs
Currently Uncle Sam give EV buyers $7500 of your tax dollars to buy these cars, as the sales of new EVs hovers around 2.6% of the market. That is being requested to go to $12500… The average Tesla buyer has an annual income of over 140000. So a big hit to the deficit and the folks buying it don’t need the credit.

Then there is the Vehicle Miles Tax EVs are going to usher in. Unlike ICE that pay taxes at the pump, EVs do not contribute to the payment of maintenance for roads and bridges. They only way they can is through special legislation and I just showed you where they are getting tax breaks. So this would only happen on a state level.

Oh, and right now over 20% of EVs being purchased in the last 5 five years are being traded in. Charging infrastructure is part of it for certain. However, battery time in the field is another issue.  Trillions are being proposed on infrastructure and bringing more charging stations to the market. How will those stations charge the EV batteries? 12 amp trickle charge? I doubt that. If you want to be charged in 3 hours versus 12, then expect some high amperage charging, which leads to shorter life of the battery. The average cost to replace an EV battery is $5500.00….

Insurance on EVs is higher due to replacement cost of parts, so you’d better call your agent before hooking up on an EV.

Perhaps the most overlooked area of making EVs the king over ICE is the impact on jobs. According the US Bureau of Labor Statistics, there are over 750000 technicians working on cars and trucks with ICE systems. What happens to them? There are millions of people employed in the sector that support the ICE with specialty items and such. Do they all get a job installing solar panels?

The Electric Lie has a hidden component you need to think about
With everything at issue with electrics, why push so hard now? Well, from what we have seen from the current set of politicos there are, in my opinion, 2 sets of reasons. The first is money – they want to be in on that distribution model and unless we get stock market reforms for Congress NOW they will continue to inside trade. The other reason is control. The fossil fuel segments seek to make a profit and will supply all the power they can. Team Green wants to control your carbon footprint and the only way to do that is to control how, when, and where you travel. If they control electric distribution, then they’ll control you and me.