Are the carbon footprints of EVs really as drastically lower than that of internal combustion engine vehicles? When considering the amount of carbon and CO2 created from assembling lithium ion batteries, one firm thinks the difference could be “negligible”.
Such was the topic of a new blog post by natural resource investors Goehring & Rozencwajg (G&R), a “fundamental research firm focused exclusively on contrarian natural resource investments with a team with over 30 years of dedicated resource experience.”
The firm, established in 2015, posted a blog entry entitled “Exploring Lithium-ion Electric Vehicles’ Carbon Footprint” this week, where they call into question a former ICE vs. EV comparison performed by the Wall Street Journal and, while citing work performed by Jefferies, argue that there could literally be “no reduction in CO2 output” in some EV vs. ICE comparisons.
Their analysis “details the tremendous amount of energy (and by extension CO2) needed to manufacture a lithium-ion battery.” Because a typical EV is on average 50% heavier than a similar internal combustion engine, the analysis notes that the “embedded carbon” in an EV (i.e., when it rolls off the lot) is therefore 20–50% more than an internal combustion engine.
President Joe Biden’s Energy Secretary Jennifer Granholm appeared today at the White House’s daily press briefing to address the current gas shortages that are gripping parts of the nation.
In a clip that was shared by Newsbusters’ Curtis Houck, Granholm is asked how the shortages “will speed up the efforts… to move in a more renewable direction?”
“Yeah I mean, we are obviously all in on making sure that we meet the president’s goals of getting to 100% clean electricity by 2035 and net zero carbon emissions by 2050,” Granholm responded with a smile.
Granholm then flippantly added, with a laugh, “If you drive an electric car, this would not be affecting you, clearly.”
Houck said of the exchange, “Absolutely ghoulish. Never let a crisis go to waste!”
President Joe Biden‘s ambitious plan to slash greenhouse emissions by 50 to 52 percent over the next decade could prompt sweeping changes that could affect how Americans eat, drive and heat their homes.
Biden announced the goal to cut emissions by 2030, compared with 2005 levels, at the start of a two-day climate summit on Thursday.
He vowed the plan, which would set the US on a path of a zero emissions economy by no later than 2050, would create jobs and boost economies.
But he is yet to release any firm details on exactly how such a plan will affect the daily lives of ordinary Americans.
He also hasn’t set out the price for reducing emissions.
The plan immediately sparked criticism from Republicans and industry experts who argue it isn’t sustainable in the long run, will put jobs at risk and cause tax hikes for Americans.
While Biden hasn’t released details on what life could look like for Americans, experts and recent studies have laid out what would need to change by 2030 to reach the goal.
In the course of selling his infrastructure bill, Joe Biden has been promoting an electric battery company called Proterra. He has failed to mention that his energy secretary Jennifer Granholm is a major stakeholder in the company.
This is just the sort of crony-capitalism that Democrats and the media accused Trump of regularly.
Matthew Foldi reports at the Washington Free Beacon:
Biden to Showcase Business Tied to Energy Sec Granholm
Energy Secretary Jennifer Granholm owns up to $5 million in the electric battery and vehicle manufacturer President Joe Biden will promote on Tuesday as part of his push for a $1.9 trillion infrastructure bill.
Biden’s virtual visit to the electric battery producer Proterra comes days after Vice President Kamala Harris paid a visit to Thomas Built Buses, a North Carolina-based school bus company that counts Proterra as its main supplier of electric vehicles. The back-to-back White House visits to Granholm-connected companies risk at least the appearance of impropriety and demonstrate how lawmakers can use policy initiatives to pad their own wallets. Biden’s infrastructure package includes a $174 billion investment in the electric vehicle market, calls for the replacement of “50,000 diesel transit vehicles” in favor of electric alternatives, and creates a Clean Buses for Kids program that will “electrify at least 20 percent of our yellow school bus fleet.”
Granholm has taken a leading role in the administration’s forthcoming infrastructure package. The president in February tasked her with “identifying risks in the supply chain for high-capacity batteries, including electric-vehicle batteries, and policy recommendations to address these risks.”
With blissful abandon, President Joe Biden is proposing a massive expansion in electric cars, funding 500,000 charging stations for their batteries around the country.
There’s only one problem: China controls 80 percent of the globe’s essential raw materials—called rare earth minerals—necessary for the manufacture of car batteries.
Meanwhile, the United States has to import 80 percent of these minerals it uses, mainly from Beijing
So, in switching from gas-powered cars to electric cars, we would be switching from energy self-sufficiency to total dependence on China.
Instead of Arab sheiks controlling our destiny, Chinese communist apparatchiks would.
The U.S. once was the dominant global supplier of rare earth minerals until the environmental movement closed down the mines in California and Nevada that produced much of the world’s supply.
President Biden’s pick to lead the Environmental Protection Agency (EPA) admitted during his confirmation hearing that the United States is at a distinct disadvantage in the clean energy market because most of the parts necessary for solar energy and green vehicles are made in China.
During his confirmation hearing last Wednesday, Michael Regan, Mr. Biden’s nominee to head the EPA, was questioned by Sen. Mike Braun (R-IN), about China’s complete disregard for the goals of green activists on the issue of climate change.
Regan referred to his time at the head of the State of North Carolina’s Department of Environmental Quality, admitting that while North Carolina is a leader in “solar installation,” most of the parts required for any installation are made in China.
“What we find is most of the parts we want to install come from China,” Regan said during his testimony. “We’re finding that if we don’t capture the market, we’re going to fall behind. I believe that’s the same for solar, as it is for cars.”