Steve Forbes and John Carney react to President Biden attacking former President Trump’s tax cuts and how Americans are paying more under Biden on ‘Kudlow.’
Originally posted August 2013
“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” — George Gilder
Lonely Conservative[now no longer] mentions the inevitable:
Ah well, I guess they figure if they lose enough money on Volt production they can just come back to the taxpayer trough for another big bailout.
Nearly a year ago General Motors was losing almost $50,000 for each Chevrolet Volt it built. Now GM’s business model, driven by trendy environmentalism, calls for it to cut the price and lose even more money.
The green lobby wants more hybrids and plug-in electric cars on the roads. Therefore the president wants 1 million electrics humming around by 2015 — and the carmakers have to ignore market reality under pressure to do what the environmentalist-political complex demands.
Even if it makes no sense. ….
This time it’s because the automaker is going to drop the price by $5,000. USA Today reports that with “a full $7,500 federal tax credit, the price is cut to $27,495,” a figure that doesn’t include some state tax credits.
Aside from those whose egos demand that they use their cars to scream out their moral superiority as environmentalists, and maybe a few enthusiasts who dabble in the technology, does anyone really want these electric cars? Their dismal sales numbers simply do not justify their existence.
Hat-tip to The Renegade Institute for Liberty at Bakersfield College (FACEBOOK):
Ford’s Latest Earnings Report Reveals Automaker Losing $65,000 for Each Electric Vehicle Sold (EPOCH TIMES)
…. Last month, the U.S. Environmental Protection Agency (EPA) finalized the “strongest-ever pollution standards” for cars that accelerate the “adoption of cleaner vehicle technologies.”
A coalition of 5,000 U.S. car dealerships criticized the EPA standards, noting that the regulations require a bump in EV sales “that is far beyond the consumer interest we are experiencing at our dealerships.”
“Despite generous government, manufacturer, and dealer incentives, our customers continue to bypass EVs over concerns about affordability, charging infrastructure, performance in cold weather, and resale value,” the coalition stated. ….
EDITOR’S NOTE:this is how the USSR ended up with warehouses FULL of “widgets” (things made that it could not use or people did not want) no one needed in the real world. This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program actually works. Only the free-market can do this.
GEORGE GILDER – UNCOMMON KNOWLEDGE
This week on Uncommon Knowledge, author George Gilder discusses his conception of knowledge, power, and the economy, as described in his latest book, Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World. He argues that a low entropy, or predictable and stable, carrier is required for the emergence of knowledge — whether it be a fiber optic cable and communication, or a social system governed by the rule of law and economic innovation. Such a social system is not spontaneous, but rather developed through sacrifice and a religious order.
As an aside, this/these critiques are not meant to be “Ford specific,” rather, ALL EV SPECIFIC. Ford’s CEO’s truthful admission while ignoring other TROOTHZ is the point ALL CEO’s should take note of.
Ford CEO Jim Farley said he faced a “reality check” while attempting to charge his electric truck during a road trip across the American West, an admission that comes as President Joe Biden spends billions to spur electric vehicle adoption.
Farley embarked on the trip in Ford’s new electric F-150 Lightning last week in an attempt to “see the EV transition in action.” He started in Silicon Valley, made a stop in Los Angeles, and then ended in Las Vegas. Farley documented much of the trip on social media, including his late-night charging sessions and the “challenging” nature of obtaining enough power to travel long distances.
“Charging has been pretty challenging,” Farley said, adding that at one stop it took him 40 minutes to charge his truck’s battery to just 40 percent. “It was a really good reality check—the challenges of what our customers go through.” (OFF THE PRESS BULLET POINTS)
‘Reality Check’: Ford CEO Struggles to Charge EV During Road Trip(WASHINGTON FREE BEACON):
Earlier this year, the Biden administration unveiled a new rule to limit tailpipe emissions, which is aimed at ensuring two-thirds of new vehicles are electric by 2032. That benchmark far exceeded Biden’s 2021 executive order pushing for half of all vehicles sold by 2030 to be zero-emission. Still, getting drivers to hop on board with the EV transition has been difficult. Last year, just 6 percent of vehicles sold were electric.
RPT Offers Ford CEO Jim Farley Some More “Reality Checks”
Check One:
State Sized Chunks of Land To Go Green
To give you a sense of scale, to replace the energy from one average natural gas well, which sits on about four acres of land, would require 2,500 acres of wind turbines. That is a massive amount of land. You would have to cover this entire nation with wind turbines in an attempt to replace the electricity that we generate from coal, natural gas, and nuclear power, and even that would not get the job done.
[….]
Achieving Biden’s goal will require aggressively building more wind and solar farms, in many cases combined with giant batteries. To fulfill his vision of an emission-free grid by 2035, the U.S. needs to increase its carbon-free capacity by at least 150%. Expanding wind and solar by 10% annually until 2030 would require a chunk of land equal to the state of South Dakota, according to Princeton University estimates and an analysis by Bloomberg News. By 2050, when Biden wants the entire economy to be carbon free, the U.S. would need up to four additional South Dakotas to develop enough clean power to run all the electric vehicles, factories and more.
We came to the conclusion that even if Google and others had led the way toward a wholesale adoption of renewable energy, that switch would not have resulted in significant reductions of carbon dioxide emissions. Trying to combat climate change exclusively with today’s renewable energy technologies simply won’t work; we need a fundamentally different approach.
[….]
“Even if one were to electrify all of transport, industry, heating and so on, so much renewable generation and balancing/storage equipment would be needed to power it that astronomical new requirements for steel, concrete, copper, glass, carbon fibre, neodymium, shipping and haulage etc etc would appear. All these things are made using mammoth amounts of energy: far from achieving massive energy savings, which most plans for a renewables future rely on implicitly, we would wind up needing far more energy, which would mean even more vast renewables farms – and even more materials and energy to make and maintain them and so on. The scale of the building would be like nothing ever attempted by the human race.”
“the plausible path to decarbonization, modeled by researchers at Princeton, sees wind and solar using up to 590,000 square kilometers — which is roughly equal to the land mass of Connecticut, Illinois, Indiana, Kentucky, Massachusetts, Ohio, Rhode Island and Tennessee put together. The footprint is big.” — Ezra Klein in the New York Times.
Check Three:
Added Weight (Parking Garages/Fatality Risks)
For example, the 2023 GMC Hummer EV, a full-size pickup, weighs more than 9,000 pounds, sporting a 2,900-pound battery. In comparison, the 2023 GMC Sierra, also a full-size pickup, weighs less than 6,000 pounds, according to Kelley Blue Book.
The average weight of U.S. vehicles has already increased from about 3,400 pounds to 4,300 pounds over the last 30 years as Americans have ditched passenger cars for pickups and SUVs, according to Evercore ISI analysts.
Threat level: Safety watchdogs are raising concerns after the recent deadly collapse of a parking garage in New York City called attention to the challenge of creaking infrastructure.
Traffic safety is particularly concerning. In crashes, the “baseline fatality probability” increases 47% for every 1,000 additional pounds in the vehicle — and the fatality risk is even higher if the striking vehicle is a light truck (SUV, pickup truck, or minivan), according to a 2011 study published by the National Bureau of Economic Research.
“Since we’re seeing pedestrian and roadway fatalities at record levels, the introduction of more weight into crashes via EVs will complicate any attempts to reduce the ongoing fatality crisis that has showed no signs of abating,” Center for Auto Safety acting executive director Michael Brooks tells Axios in an email.
The Disturbing Reality of Cobalt Mining for Rechargeable Batteries
….Regarding the demand for the different minerals, in the case of aluminum, according to our results, the demand for minerals from the rest of the economy would stand out, with the requirement for batteries having little influence. Copper would have a high demand from the rest of the economy, but it would also have a significant demand from vehicles, infrastructure and batteries. Cobalt would be in high demand because of the manufacture of batteries with the exception of the LFP battery that does not have this mineral, in the case of its demand from the rest of the economy it can be stated that it would be important but less influential than the demand for batteries. Lithium would have very high requirements from all the batteries and with a reduced demand from the rest of the economy. Manganese would have an important but contained demand coming from LMO and NMC batteries, since the requirements for this mineral would stand out in the rest of the economy. Finally, nickel would have a high demand from NMC and NCA batteries, but its main demand would come from the rest of the economy.
The batteries that would require the least materials are the NCA and LFP batteries. The NMC battery has been surpassed in performance and mineral usage by the NCA. The LiMnO2 battery has a very poor performance, so it has been doomed to disuse in electric vehicles. In addition, the LFP battery, the only one that does not use critical materials in the cathode (other than lithium), also has poor performance, requiring very large batteries (in size and weight) to match the capacity and power of batteries using cobalt.
Charging infrastructure, rail and copper used in electrified vehicles could add up to more than 17% of the copper reserve requirement in the most unfavourable scenario (high EV) and 7% in the most favourable (degrowth), so these are elements that must be taken into account…..
You Dig Up 500,000 Pounds of the Earth’s Crust for One EV Auto Battery! And each of these half a million pounds of earth are dug up with a diesel engine. A typical EV battery weighs one thousand pounds, about the size of a travel trunk. It contains twenty-five pounds of lithium, sixty pounds of nickel, 44 pounds of manganese, 30 pounds cobalt, 200 pounds of copper, and 400 pounds of aluminum, steel, and plastic. Inside are over 6,000 individual lithium-ion cells. To manufacture each EV auto battery, you must process 25,000 pounds of brine for the lithium, 30,000 pounds of ore for the cobalt, 5,000 pounds of ore for the nickel, and 25,000 pounds of ore for copper. All told, you dig up 500,000 pounds of the earth’s crust for one battery.” (NATIONAL REVIEW – AUSTRALIA)
Check Six:
China’s “Red Barchetta”
Check Seven:
ECON 101
[….]
On a more serious note, yes, pushing technology that does not work well at all in replacing fossil fuels as sound (solar, wind, current battery tech, etc.) through subsidies and edict… yes, THATis the issue. This video highlights [encapsulates] the result of government largess IN THAT people have a false impression these vehicles are just as good and would in a free and open market fail. Europe is moving to make natural gas and nuclear “green,” because (a)they are, and (b)they work. The U.S. has the most corrupt and politicians that vote legislation based on a Utopian ideal (say, a Bernie Sanders, AOC, etc.) or personal enrichment (say McConnell or Pelosi, etc.). Reality bites and refuses to let go… even Newsom extended Diablo Canyon nuclear plant life instead of shutting it down. Why? because it works, wind and solar wanes at best…
… The U.S. would need up to four additional South Dakotas to develop enough clean power to run all the electric vehicles, factories and more….. (RPT: State Sized Chunks Land for a Zero-Carbon Economy)
It is an impossible goal, but many miss out on inculcating that fact into their thinking. Thomas Sowell notes the biggest difference between “conservatives” and “the Left” are these simple and basic questions:
1) compared to what? 2) at what cost? 3) what hard-evidence do you have?
Which even if someone were to read just my “BATTERY” section of my EV Post, they will encounter thinking unheard of in their normal diet of “clean energy” thinking. “At What Cost”
So, the “short answer” to my fellow compatriot on a similar life journey is, that that video shows the failure of what a large government “buying widgets” can do:
“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” — George Gilder
Via an Interview by Dennis Prager [EDITOR’S NOTE: this is how the USSR ended up with warehouses FULLof “widgets” no one needed in the real world (things made that it could not use, or people did not want based on what a politician or leader in a controlled environment “thought” people would need). This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program works. Only the free-market can do this: I-PENCIL]
Another good comment, based on the drop in performance* when these batteries are cold, is this:
Can’t wait to see winter and snow performance numbers on these.
* CLIMATE/WEATHER IMPACT ON EVs
Another factor regarding optimal output and electric vehicles is hot and cold weather. I will let a wonderful WIRED MAGAZINE article explain:
…EV drivers have other factors to consider in winter weather: How far they can go, and how long it will take them to recharge.
Cold temperatures can hurt both, especially when it gets as severe as Winter Storm Jaden, which has triggered states of emergency across the country and will subject more than 70 percent of the US population to subzero temperatures over the next few days. That’s because the lithium-ion batteries that power EVs (as well as cellphones and laptops) are very temperature sensitive.
“Batteries are like humans,” says Anna Stefanopoulou, director of the University of Michigan’s Energy Institute. They prefer the same sort of temperature range that people do. Anything below 40 or above 115 degrees Fahrenheit and they’re not going to deliver their peak performance. They like to be around 60 to 80 degrees. As the temperature drops, the electrolyte fluid inside the battery cells becomes more sluggish. “You don’t have as much power when you want to discharge,” says Stefanopoulou. “The situation is even more limited when you want to charge.”
Modern cars are designed to take that into account, with battery thermal management systems that warm or cool a battery. But while an internal combustion engine generates its own heat, which warms the engine and the car occupants, an EV has to find that warmth somewhere else, either scavenging the small amount of heat that motors and inverters make or running a heater. That takes energy, meaning there’s less power available to move the wheels.
Additionally, to protect the battery—the most expensive component of an EV—the onboard computer may limit how it’s used in extreme low temperatures. The Tesla Model S owners manual warns: “In cold weather, some of the stored energy in the Battery may not be available on your drive because the battery is too cold.”…
Updated Video Comparison: Ev vs. Gas
How Far Can a Gas Truck & an Electric Ford Lightning Go Towing the Same Camper On ONE Fill-up?
Near the end the EV hauler says of the gas-powered Ford, “Even though he is burning dinosaurs” — um — so are you.
According to the study directed by Christoph Buchal of the University of Cologne, published by the Ifo Institute in Munich last week, electric vehicles have “significantly higher CO2 emissions than diesel cars.” That is due to the significant amount of energy used in the mining and processing of lithium, cobalt, and manganese, which are critical raw materials for the production of electric car batteries.
A battery pack for a Tesla Model 3 pollutes the climate with 11 to 15 tonnes of CO2. Each battery pack has a lifespan of approximately ten years and total mileage of 94,000, would mean 73 to 98 grams of CO2 per kilometer (116 to 156 grams of CO2 per mile), Buchal said. Add to this the CO2 emissions of the electricity from powerplants that power such vehicles, and the actual Tesla emissions could be between 156 to 180 grams of CO2 per kilometer (249 and 289 grams of CO2 per mile).
In a conversation between EV owners and others at WATTS UP WITH THAT, a comment that sums up the above but in a short paragraph, reads:
It’s not just bigger, it’s huge. Unlike an IC powered car, where cold weather won’t really affect it much, an electric car is severely disadvantaged. Drop outside temperatures down to -10 degrees F (not uncommon in Chicago) and that 300 mile range drops to 75 miles. Commute 20 miles to work on a frigid winter morning and 20 miles home in slooow traffic in a snowstorm with lights, wipers, and defroster on hi, and you just might not make it.
THE DAILY MAIL notes that “[e]lectric cars have 40 per cent less range when the temperature dips below freezing, new research has revealed.” Wow. Canadians are well-aware of the issue — as are the people in the northern states.
IN~OTHER~WORDS, this “venture is a giant boondoggle and these charging-stations would never survive outside of transferring wealth from business owners and those that drive the economy to cover this failure of a “choice.”
I was also “challenged” a bit, not really a challenged as much as a friendly observation — to which I just wish to record my response, as, it is a decent summation to the video regarding the review of the EV Ford Truck. My friend noted:
I think you’re tilting at windmills with this anti EV trend. The market should decide, and EV’s are getting really good. Can they replace a diesel f250? No, but for running around town they’re pretty damn good. I guess your issue is with government mandates.
After a somewhat silly response I continued with this:
On a more serious note, yes, pushing technology that does not work well at all in replacing fossil fuels as sound (solar, wind, current battery tech, etc.) through subsidies and edict… yes, THATis the issue. This video highlights [encapsulates] the result of government largess IN THAT people have a false impression these vehicles are just as good and would in a free and open market fail. Europe is moving to make natural gas and nuclear “green,” because (a)they are, and (b)they work. The U.S. has the most corrupt and politicians that vote legislation based on a Utopian ideal (say, a Bernie Sanders, AOC, etc.) or personal enrichment (say McConnell or Pelosi, etc.). Reality bites and refuses to let go… even Newsom extended Diablo Canyon nuclear plant life instead of shutting it down. Why? because it works, wind and solar wanes at best…
… The U.S. would need up to four additional South Dakotas to develop enough clean power to run all the electric vehicles, factories and more….. (RPT: State Sized Chunks Land for a Zero-Carbon Economy)
It is an impossible goal, but many miss out on inculcating that fact into their thinking. Thomas Sowell notes the biggest difference between “conservatives” and “the Left” are these simple and basic questions:
1) compared to what? 2) at what cost? 3) what hard-evidence do you have?
Which even if someone were to read just my “BATTERY” section of my EV Post, they will encounter thinking unheard of in their normal diet of “clean energy” thinking. “At What Cost”
So, the “short answer” to my fellow compatriot on a similar life journey is, that that video shows the failure of what a large government “buying widgets” can do:
“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge” — George Gilder
Via an Interview by Dennis Prager [EDITOR’S NOTE: this is how the USSR ended up with warehouses FULLof “widgets” no one needed in the real world (things made that it could not use, or people did not want based on what a politician or leader in a controlled environment “thought” people would need). This economic law enforcers George Gilder’s contention that when government supports a venture from failing, no information is gained in knowing if the program works. Only the free-market can do this: I-PENCIL]
