Thursday, 2 November 2023

“Subsidies could be used to encourage electric bus switch” | SCMP


Everywhere you have EVs you have EV subsidies. 

In Hong Kong the subsidy is $HK 286,500 per new car EV bought instead of an ICE car. That's a massive $US 36,800 ! That's one very nice new ICE car, like a BMW, or even two or three average ones. That's Crrraaazzzy!

AND… the government has been providing road-side electricity charging for free!

My point here is that we're constantly told that the "energy transition" to electricity will give us lower prices. When all the evidence is the exact opposite. (Ditto on Green Jobs, btw, but that's a whole 'nother story).

EVs need massive subsidies to compete. Solar and wind are only cheaper at source when not taking into account (a) intermittency (b) need for storage and (c) need for whole new transmission lines systems.

I'm not at all against renewables. We have a roof-top full of solar panels

But the proponents of Net Zero, etc, need to come clean on the true cost of renewables, and the great "energy transition". 

For the planet, in terms of reducing carbon emissions, the best that people can do is hold in to their current vehicle for longer, and if buying, buy a new-old second hand ICE car with a history of reliability. Like a Toyota. An oldish Mercedes or BMW. Or, even… shudder… a Volvo. 

EVs, especially EV buses, produce so much CO2 during their construction that it takes up to a decade to reach CO2 neutrality with an equivalent ICE vehicle. In some cases, depending on how the local electricity is generated, they may never reach neutrality with their ICE equivalent. 

ADDED: 
"From the beginning, these [offshore wind] projects were all about lining the pockets of foreign-owned offshore wind companies. Orsted repeatedly asked for additional taxpayer funds and tax breaks while expecting ratepayers to absorb a massive increase in utility costs.”  -- New Jersey Congressman Jason Van Drew, Orsted abandons whale killing wind energy project