That’s the message from General Motors, which just announced it is investing $854 million for production of Small Block V-8 engines, plus $64 million to produce electric vehicle castings and components. In its press release, the company stated that the plan “highlights the company’s commitment to continue providing customers a strong portfolio of ICE [internal…
Tag: electric vehicles
Feds to Lend $700 Million for Lithium Mine
A sample of where the “IRA” money is going: The Department of Energy is conditionally planning to lend $700 million to an Australian company, Ioneer, to create a “massive lithium mine in western Nevada,” reports Jeff St. John for Canary Media. (The company will lead an international consortium.) Lithium is a material critical to the…
Environmental News: Weekend Picks
- Montana’s glaciers are shrinking, but they have been shrinking since the 1850s (and faster before 1966).
- A new poll “obliterates the notion that 97 percent of scientists believe we are facing a severe climate crisis.”
- The Swiss are considering banning electric vehicles if it gets very cold this winter.
- The New York Times blames private owners for failing to allow access to public land (the problem stems from nineteenth-century government policy).
- Relying on wind and solar power requires “staggering” amounts of storage and the idea of electrical grids relying on them is”completely impractical and unaffordable.”
The Latest Green Energy Flaws and Failures
In the news: Big British solar company goes bankrupt. Owns 53 solar farms; borrowed £655 million over the past four years.—ZeroHedge on Oil Price. [Britain is not a very sunny place.] “Skyrocketing fossil fuel energy prices are driving the deforestation of Europe as citizens try to keep warm.” —Pierre L. Gosselin on NoTricksZone. Biden won’t…
Buy EVs, says the L.A. Times. Forget “Range Anxiety.” You Only Need 30 Miles or So.
Here’s what’s wrong with Americans and electric cars, says Bloomberg’s Ira Boudway, writing in the L.A. Times: Americans have “outsized range expectations” about their needs; they want “too much car.” Nearly two-thirds of drivers surveyed by Bloomberg expected “300-plus miles of range,” while “less than 10% would settle for 200 or less.” This means: “There…
Bjorn Lomborg: Truths about Electric Cars
“Politicians are spending hundreds of billions of dollars and keeping consumers from the cars they want for virtually no climate benefit.” That’s the bottom line of Bjørn Lomborg’s assessment of electric cars. Writing in the Wall Street Journal, the president of the Copenhagen Consensus says: “The climate effect of our electric-car efforts in the 2020s…