by Mish Shedlock, Mish Talk:
New Geography claims EVs will decide the election. That’s a reason, but it’s well down my list. What about yours?
EVs and the Election
New Geography says Electric Cars Will Decide the Outcome of the American Election.
Just last week the administration issued a draconian mileage requirement, one of many ‘nudge’ policies attempting to usher in an all-electric future. Replacing a massive $3 trillion industry with a singular technology represents a severe economic threat under any circumstances, but ramming through changes just as EV sales are slowing is nothing less than madness.
TRUTH LIVES on at https://sgtreport.tv/
Rarely has a policy brought such negative economic and ultimately political implications. EVs today are simply not practical for most people, unable to afford the higher costs and wary of a charger infrastructure that is far from ready for prime time.
The average price for a brand-new EV is over $60,000, about $12,000 more than the average four-door sedan. Even with tax credits, it is hard to see how consumers come out ahead, at least for now. The electric version of the base version of the Ford F-150 pickup truck, the best-selling vehicle in America, costs an additional $26,000 over the gasoline-powered variety. EVs are not affordable for most Americans: it’s little wonder that only 16 per cent of them are seriously considering a purchase.
Disastrous Energy Policy
It’s true that Biden’s energy policy is a disaster. But right now EVs are more like slow boiling a frog. Most people don’t buy new cars, and most who do, don’t consider EVs.
I agree with the stupidity of Biden’s EV policy, but it won’t decide the election. I have not seen any polls that mention EVs as a reason.
The border and the economy, specifically home prices, are my top two. Israel could easily be ahead of EVs. Heck, what about the botched trump trial in Georgia and overreach everywhere else?
If Recession hits, and it could, move that to spot #1. What about Biden’s Progressive woke madness?
Biden’s ban on natural gas exports could easily cost Biden the state of Pennsylvania. And don’t forget the impact of RFK siphoning off more votes from Biden than Trump.
White House Fact Sheet
On January 26, the Biden-Harris Administration Announces Temporary Pause on Pending Approvals of Liquefied Natural Gas Exports
President Biden has been clear that climate change is the existential threat of our time – and we must act with the urgency it demands to protect the future for generations to come. That’s why, since Day One, President Biden has led and delivered on the most ambitious climate agenda in history, which is lowering energy costs for hardworking Americans, creating millions of good-paying jobs, safeguarding the health of our communities, and ensuring America leads the clean energy future.
Today, the Biden-Harris Administration is announcing a temporary pause on pending decisions on exports of Liquefied Natural Gas (LNG) to non-FTA countries until the Department of Energy can update the underlying analyses for authorizations.
Natural Gas Production
In 2023, the United States leaped over Qatar and Australia to become the largest exporter of LNG.
According to the EIA, the US Energy Information Administration, Pennsylvania is the second largest Natural Gas producer in the US after Texas, and it is the third largest coal producer.
Wall Street Journal Poll
The above clip and the two that follow are from the Wall Street Journal – Targeted Presidential States: March 17 – 24, 2024 Poll.
About 20 percent of those polled do not believe either Biden or Trump are mentally and physically fit to be president. Otherwise, Trump clears the 50 percent mark on the economy, inflation, and immigration.
