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Daily commentary by H. Randolph Holder, Clarke Broadcasting Corporation.
4/30/24
The latest update from natural-resource consultants Goehring & Rozencwajg only darkens the picture for electric vehicles that the Biden Administration is all in on. You need to get 45 years of use out of an EV battery, which has an expected life of only 15 years, to offset the global CO2 cost of producing it. And now, California’s phasing out of diesel-powered heavy-duty trucks is going to weigh heavily on consumers as delivery costs rise. That is, if goods are delivered at all given our issues with mandated power outages and brown outs.
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