Saturday, September 4, 2021

Electric cars

When Obama was running for president he said your electric rates will, "necessarily sky rocket". While this will not be of concern to wealthy people it posses problems for lower income groups. Biden has stopped oil leases on public land which means the US will import oil to make up the difference. This results in higher gasoline prices which once again hurts lower income workers. Higher gas prices along with diesel cause transportation cost to rise which means higher cost for things that people buy from Walmart. This also hurts lower income people. This is all about climate change but it doesn't reduce oil consumption it merely exchanges US oil for Russian oil. What is the logic behind these changes. Some say the purpose is to raise prices so people will move away from gasoline powered cars to electric vehicles. How will they charge the batteries is a question that needs to be asked. 2.4% of power comes from solar. Last year sales of electric cars had 7% market share. The only sensible way to own an electric car is to have solar panels on your home to pay for your heating and cooling and have enough additional panels to power up your electric car every night. This car to be used just to commute to work and have another gasoline powered car for other uses.

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