Thursday, July 28, 2022

Subsidies for the rich!-----The Upside-Down Logic of Electric SUVs - WSJ

The Upside-Down Logic of Electric SUVs - WSJ
"...If consumers and businesses cared about the CO2 they emit, the last cars they might buy are hot-selling EVs like Ford’s Mustang Mach-E or GM’s Hummer EV.
  • These large-battery, long-range vehicles would have to be driven many tens of thousands of miles before they rack up enough mileage and save enough gasoline to compensate for the emissions created to produce their batteries...
  • Most problematic of all is the assumption that EV use causes oil to stay in the ground..."

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