Clean Energy Exploitations and the Death Spiral of an Auto Industry
https://mishtalk.com/economics/clean-energy-exploitations-and-the-death-spiral-of-an-auto-industry/Biden is so wrong, even the liberal Guardian sees it. But it’s full speed ahead with massive subsidies for something counterproductive.
Ronald Stein at the Heartland institute says Unsold Electric Cars May Be Signaling a Death Spiral for the Auto Industry
As the future is fast approaching, virtually all the automobile manufacturers, through government mandates to reduce the emissions of their fleet of vehicles, are going all-in to only manufacture EV’s in the coming years. To meet low emissions for their fleet of vehicles, we’re most likely going to see fewer and fewer hybrids as the auto industry manufacturers need to eliminate the gasoline engines in hybrids to meet those lower emission targets.
The problem is that manufacturers are loading up the “supply chain” with EV’s on dealer lots, but they’re not seeing the “demand” for EV’s coming from the public.
EVs are a quixotic idea. A lot metal mining for batteries involves child labor.
Carnage of Child Labor and Ecological Destruction ‘Elsewhere’ acceptable to Wealthy Countries
Next, please consider Carnage of Child Labor and Ecological Destruction ‘Elsewhere’ acceptable to Wealthy Countries, also by Ronald Stein.
The Administration is laser-focused on ending the “climate crisis” by switching to “clean” electricity. It has few qualms about importing the critically needed materials from foreign countries, primarily China – regardless of economic, defense, national security, ecological or human rights implications. It just wants the dirty aspects of “clean” electricity far away and out of sight.
In California, Governor Gavin Newsom has been vocal about his commitment to reducing greenhouse gas emissions in the state. However, some of his recent actions of “leaking” emissions to other countries violate many sections of the written legal framework of The California Environmental Quality Act (CEQA) and California Global Warming Solutions Act (AB32).
The silence is deafening from billionaires like Bill Gates, John Kerry, Mark Zuckerberg, George Soros, Michael Bloomberg, and President Biden.Through the encouragement of tax incentives and subsidies to go to EV’s and electricity from wind and solar, they are providing financial incentives to China, who already controls the supply chain for the minerals and metals to go green, furthering our total dependence on China to achieve the green goals of America.
“The wealthy country elites continue to demonstrate their lack of ethical, moral, and social responsibilities, by using subsidies that encourage the continued exploitations of people with yellow, brown, and black skin and the environmental degradation occurring elsewhere, out of view of those living in wealthy countries,” says Stein.
The destruction, however, is not just elsewhere.
Solar is not anymore green.
Biden’s Solar Push Is Destroying the Desert and Releasing Stored Carbon
The Left ignored environment destruction, even in the US.
On May 28, 2023, I noted Biden’s Solar Push Is Destroying the Desert and Releasing Stored Carbon
Biden is so clearly wrong, even the extremely liberal Guardian sees it. But it’s full speed ahead with massive subsidies for something counterproductive for the goal.
Green energy is not green at all.