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Just How Bad are EVs?

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- February 26, 2024

“This isn’t the Field of Dreams: ‘If you build it, he will come.’ …  Automakers are wrestling with the reality of the EV market as politicians continue to believe in fairy tales about them.”

A recent headline on The Drive website read: Ford Slashes 2023 Mustang Mach-E Price by up to $8,100 With 0% APR.”  More interesting was the tagline under the headline. “Now’s a really great time to nab a solid, yet slow-selling EV.” 

Even the advertising department at Ford Motor Company cannot hide the company’s problem with EVs – “slow-selling!” Customers do not want them to the degree politicians believe and have incentivized and mandated. As a report on EV battery costs stated, technology should lead policy rather than the other way around. We are hard-pressed to cite any example of a policy leading the technology. …

EV Struggles: Front Page News

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- January 4, 2024

“Despite the optimists telling us how well EVs are selling and that the charging and cost issues will be quickly resolved, the industry struggles.  The math doesn’t work, and consumers are concluding hybrid electric vehicles (HEVs) better meet their driving needs.  Auto executives are wondering whether their betting on the EV transition, even with mandates, is putting them on the road to bankruptcy.”

“The math doesn’t work,” Mark Fields, former Ford Motor CEO, told Joe Kernen of CNBC early last week.  Until the industry solves charging and cost issues, EV sales will continue to underperform.  The bottom line for Fields is that “the government [Biden administration] will have to back off” its policies mandating two-thirds of new vehicle sales being EVs by 2030.  Absent such an adjustment, emissions will worsen, and the EV transition will lag. …

“The Unpopular Truth” Trues Up “Clean” Energy

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- April 28, 2023

To understand the massive misunderstanding of the fundamentals of energy and electricity, Lars Schernikau discussed the conclusions reached from 70 interviews over three years with various ministries, governmental economic organizations, universities, industrial conglomerates along with energy think tanks…. “The overarching theme from these interviews,” he found, “was a lack of understanding of the true full cost of electricity and the continued misuse of the marginal cost measure LCOE to compare the cost of variable ‘renewables’ with conventional sources of power.”  

I recently finished reading The Unpopular Truth: about Electricity and the Future of Energy by Dr. Lars Schernikau and Professor William Hayden Smith.  The authors address how the energy market works rather than how the mainstream media, environmental activists, and policymakers portray it. 

Not surprisingly, the book explores the misunderstandings of policymakers and their advisors about the workings of the electricity and energy systems. …

Headwinds for Offshore Wind (Rhode Island’s RFP a sign of trouble)

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- April 20, 2023

Massachusetts Offshore Wind Troubles

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- April 5, 2023

Offshore Headwinds for Biden

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- March 23, 2023

The ‘Energy Transition’: Learning and Retreat at BP

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- February 22, 2023

What Environmentalists Don’t Know About Petroleum (that last 30 percent)

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- October 26, 2022

New England Power Market: Warnings Aplenty (blackouts, energy poverty too)

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- September 28, 2022

Coastal Virginia Offshore Wind: Risks Aplenty ($21 billion, could jump)

By <a class="post-author" href="/about#a_brooks">Allen Brooks</a> -- August 30, 2022