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Dec 28, 2024
10:10:04am
Lifi All-American
EV Mandates vs Freedom: This talk is primarily economic so I assume the title

means economic freedom.  It's really good and worth listening to. A couple points of summation:

-75% of all cars purchased are used. Why? Cost.

-IF current state/federal/country EV mandates are implemented EV costs will soar. The idea that more EVs will drive down costs is an economic myth. There's no where near the amount of mining going on in the world to provide the metals and to meet the demand required by the existing mandates.

-If current EV mandates are actually implemented they will lead to the most massive misallocation of capital in history.

-If current EV mandates are actually implemented total global Co2 will not be reduced at all. None. 

 

https://www.youtube.com/watch?si=vAYwoQJYqGlDXyzb&v=K8Nz-4eEBTw&feature=youtu.be

 

This message has been modified
Originally posted on Dec 28, 2024 at 10:10:04am
Message modified by Lifi on Dec 28, 2024 at 10:12:24am
Lifi
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