Catherine Austin Fitts has aptly noted that the energy costs of trying to mine crypto-currencies can leave a carbon footprint the size of a panzer division.  The same might also be said of the cost of all the Davos crowd flying their private jests to the conferences of the World Economic Fleecing Forum when their leader, the perpetually scowling Hochklaus von Blohschwab Freiherr von Bomburst und Bloviation, summons them.   But if you’re concerned not only about the environment, but also the costs of energy, and the impact of energy usage on the environment, you might want to check out this story that was spotted and shared by L.G.L.R.  And I decided to pass it along to you, because before I sat down today with my cup of tea to go through this week’s emails and sort through articles, I ran to the grocery store to make a few “necessity” purchases, and then on my return, stopped to fill up my gas tank.  Needless to say I was stunned at how well Bai Den-0mics (or “Bidenomics” to give it its popular spelling), is working. I was fortunate, because I was just barely able to afford the fill-up with the amount of cash I had on me, without having to float an issue of bonds to raise the cash to do so.

But anyway, here’s the shocker about the efficiency (and cost) of an electric vehicle, and talk about leaving a carbon footprint the size of a panzer division!

The articles make clear that the amount of subsidies behind electric vehicles actually disguise the shocking cost of buying, much less trying to operate, them:

A new study called “Overcharged Expectations” claims that without federal subsidies, the real cost of fueling an electric vehicle would amount to $17.33 per gallon of gasoline.

The study from the Texas Public Policy Foundation said electric vehicles do not stand alone in comparison with other vehicles because of the “wide array of direct subsidies, regulatory credits, and subsidized infrastructure that contribute to the economic viability of EVs.”

“Adding the costs of the subsidies to the true cost of fueling an EV would equate to an EV owner paying $17.33 per gallon of gasoline. And these estimates do not include the hundreds of billions more in subsidies in the Inflation Reduction Act,” the report said.

The study claims that a 2021 electric vehicle “would cost $48,698 more to own over a 10-year period without $22 billion in government favors given to EV manufacturers and owners” and said traditional gasoline-powered vehicles are cheaper than an electric vehicle without subsidies.

“It is not an overstate­ment to say that the federal government is subsidizing EVs to a greater degree than even wind and solar electricity generation and embarking on an unprece­dented endeavor to remake the entire American auto industry,” the report said.

According to the study, about $22 billion in various federal and state forms of aid have artificially lowered the price of a 2021 electric vehicle by almost $50,000.

And add to this the cost to the electric grid:

The report further estimates that the cost to other people for the strain on the power grid from charging electric vehicles comes out to $11,833 over 10 years, funded by taxpayers and utility ratepayers.

But in case you haven’t noticed, no one is buying these “environment savers”, perhaps because of the nasty possibility that the electric grid and energy usage is actually going up (along with the cost of using them), and even worse, forcing automakers to build things that no one is buying is hurting the industry:

The report noted that consumers have taken to hybrid vehicles far more than electric vehicles, adding, “Perhaps if D.C. politicians and bureaucrats stop trying to force Americans to build and buy their preferred types of vehicles, the cleaner and brighter future that they imagine will actually materialize.”

“It’s time for federal and state governments to stop driving the American auto industry off an economic cliff and allow markets to drive further improvements in cost and efficiency,” the report stated.

Or perhaps that’s the point of the exercise: drive them out of business, nationalize them, and then like “Obamacare”, compel everyone to buy them.

And if the sticker shock of buying and operating one of these clunkers doesn’t get you, maybe the fact of replacing their batteries, when they finally die completely and can no longer be recharged will, for they’re almost as expensive as the vehicle itself. And we may add to that the conditions under which the expensive elements for those vehicles are mined, and the labor conditions under which the people doing do work, conditions which are barbaric and inhuman, all so that Mr. Globaliney can tell himself he’s saving the environment and the planet, and feel nice and virtuous about himself.

Or we can learn the lesson: the environment savers and green energy endorsers are really not all that friendly to humanity.  All this environment salvation is not about the environment at all, because the impact and effect of these “solutions” appears to be much more deleterious than the technologies already in place and in common use.   It’s a scam, to make certain people rich and to sustain their power, and not to save the planet.

Nothing more, nothing less. Sorry Greta.

See you on the flip side…


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