Thursday, April 13, 2023

EV's

The whole story of EV's is rarely told. When you buy an EV the first four years you drive you are saving the carbon that was used to mine and process the materials needed to build the car especially the battery. This would be a longer time if the mines that use child labor to pick rocks by hand used machines. It doesn't include the fact that 70% of the time you charge the car you will be using power generated from fossil fuels. It also doesn't include the cost to dispose of the old battery and the harm to the environment. The $7,500 tax credit is non-refundable which means you don't get it unless you owe $7,500 in taxes which means the lower 50% of taxpayers will not qualify. Add to that most people don't like the fact that you have to wait around while charging. This paints a whole different picture about EV's than most people are familiar.

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