The proper policy toward EVs, which are promising but not cost-effective for the vast majority of Americans, is 1) let them compete on a free market and 2) make sure we have plenty of low-cost, reliable electricity. Our President's new Executive Order does the exact opposite.
One big piece of recent energy news was Joe Biden's executive order to mandate that 50% of new cars be EVs by 2030. This measure was shamefully supported by many in the auto industry.
Here's some messaging to take the high ground, advocate freedom, and expose the policy as disastrous--especially when coupled with the "Clean Energy Standard."
• Today's EVs, despite promises that they would already surpass gasoline vehicles, are not cost-effective for the vast majority of Americans. That's why despite huge government subsidies, only 2% of us buy EVs . Mandating EVs violates our rights and hurts the poor most of all.
• EVs may become *even less cost-effective in the future* due to the rising electricity prices and growing electricity shortages that are occurring as reliable power plants are shut down in favor of unreliable solar and wind.
• Thanks to government mandates and subsidies, solar and wind--"unreliables"--provide about 10% of American electricity. This 10% has already caused big electricity price increases and huge reliability problems. Politicians should admit their failure, apologize, and reverse course.
• Instead of admitting that the US's 10% solar+wind electricity is causing huge cost and reliability problems, the Biden Administration is *quintupling down* on this disaster by pushing a "Clean Energy Standard" that would require minimum 50% solar+wind in 8 years!!
• This Administration's plan of mandatory EVs on a mandatory-solar-and-wind grid is a recipe for national immobility.
• Consider the case of Germany, where at 37% solar and wind, the idea of “peak smoothing” is making its way into law. This would allow electricity providers to shut down consumers like EV charging stations and heat pumps to keep them from collapsing the grid.
• Imagine if, during the recent freeze, Texas was far more dependent on unreliable solar and wind--and it had a massive fleet of EVs that needed charging. The blackouts would have lasted for weeks. That's what the Biden administration has in store for us.
• The proper policy toward battery EVs is to let them compete on the open market with gasoline vehicles, natural gas vehicles, hydrogen vehicles, etc. And if you want to increase the competitiveness of all EVs, then stop screwing up the grid by mandating unreliable solar and wind.
• In the future, EVs could benefit Americans and significantly reduce emissions if 1) competition makes them genuinely superior for most people 2) we dramatically increase electricity production using a low-cost, reliable, scalable technology--most likely nuclear.
• If the Biden Administration wants to facilitate cost-effective EVs, the number one thing it needs to do is publicly reject the dictatorial Clean Energy Standard that would absolutely destroy our grid for existing electricity needs, let alone huge EV needs.
• The idea that mandating EVs is some magic way of rapidly reducing CO2 emissions is absurd, because 1) EVs are largely FFVs--fossil fueled vehicles, and 2) The world, especially China and India, is going to keep using fossil fuels to develop and prosper.
• If you use an EV, it is powered with whatever sources of electricity are on your regional grid. Just as important, it was *produced* with whatever sources of energy power mining equipment, materials processing facilities, and factories. Most of those sources are fossil fuels.
• Because there is no truly cost-effective, global-scale alternative to fossil fuels, today's EVs are mostly fossil fueled--from the electricity powering them, to the coal used to manufacture them, to the oil used to mine for their raw materials.
• Because today's EVs are largely FFVs--fossil fuel vehicles--in most places replacing a gasoline vehicle with an EV yields at most minor emissions reductions. But as EVs are often bought as supplements to a longer-range gasoline vehicle, buying a new EV often increases emissions.
• The only way to lower CO2 emissions and benefit America is to promote innovation that makes low-carbon energy truly reliable and low-cost. Are China and India going to stop using fossil fuels so long as they are the lowest-cost option? They won’t and they shouldn’t.
• The only practical way to lower global CO2 emissions is to encourage innovation that could make low-carbon energy cheap for everyone. Policies like mandating EVs or mandating solar/wind won’t stop global emissions from rising--but they will ruin America.
Source: Alex Epstein's Energy Talking points: www.energytalkingpoints.com
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