Senator Everett Dirksen said: “A billion here, a billion there, pretty soon you’re talking real money.” Our federal government has been talking trillions for some time now, but the Mummified Meat Puppet Administration’s (MMPA) push for electric vehicles has EV manufacturers talking, and losing, billions.
Climate change is being driven by a change in the orientation of the Earth to the Sun rather than carbon dioxide emissions, new analysis of data from Berkeley Earth shows.
h/t GR
"That's seven put up here yesterday, and ten taken down."
Ten more of Sadiq Khan's ULEZ cameras have "died suddenly" at the hands of the ULEZ Blade Runners, in Hillingdon, West London—most within 24 hours of being installed.
Within London's 'Ultra Low Emission Zone', drivers… pic.twitter.com/MVGdlPHNgc
— Wide Awake Media (@wideawake_media) May 11, 2024
h/t Mauser
Carbon capture and underground storage (CCUS) tops the list of silly schemes “to reduce man-made global warming.” The idea is to capture exhaust gases from power stations or cement plants, separate the CO2 from the other gases, compress it, pump it to the chosen burial site, and force it underground into permeable rock formations. Then hope it never escapes.
An Australian mining company who should know better is hoping to appease green critics by proposing to bury the gas of life, CO2, deep in the sedimentary rocks of Australia’s Great Artesian Basin.
News of slowing demand for electric vehicles highlights the hazards of the federal government’s Soviet-style mandate that 100 per cent of new light-duty vehicles sold must be electric or plug-in hybrid by 2035 (with interim targets of 20 per cent by 2026 and 60 per cent by 2030 and steep penalties for dealers missing these targets).
The volatility of the electric-vehicle transition has been on full display recently, as Ford Motor Co. announced it is pausing construction on the joint-venture active cathode material plant it is building in Quebec just days after Honda Motor Co. Ltd. announced a $15-billion EV and battery complex in Ontario.
OTTAWA — When Finance Minister Chrystia Freeland delivered her budget speech last month, she gave a nod to the workers on the Trans Mountain pipeline expansion, a $34-billion, government-owned project more than a decade in the making that, after multiple cost overruns and delays, will this month finally begin carrying Alberta oil to the West Coast.
Freeland used the opportunity to take a shot at those who, she said, think government only stands in the way of development.
It’s no secret that charging an electric vehicle is often less expensive than fueling a gas car, but many don’t think about the higher purchase prices. A recent iSeeCars study showed that people tend to drive EVs much less, making their cost per mile much higher than that of internal combustion vehicles.
h/t Mauser
Last week, with their latest tranche of corporate welfare for the electric vehicle (EV) sector, the Trudeau and Ford governments announced a $5.0 billion subsidy for Honda to help build an EV battery plant and ultimately manufacture EVs in Ontario. Here’s a challenge: if politicians in both governments truly believe these measures are in the public interest, they should tie their personal fortunes with the outcomes of these subsidies (a.k.a. corporate welfare).
A major problem with evaluating the effectiveness of Prime Minister Justin Trudeau’s $200-billion climate change plan involving more than 100 government programs is that the government keeps retroactively changing the historical record of Canada’s annual industrial greenhouse gas emissions.
There was a time when it seemed Tesla could do no wrong.
In little more than a decade, it went from technology upstart to mass-market carmaker, invested billions in its clean energy business, and saw its value rocket.
But now the company is struggling with falling car sales and intense competition from Chinese brands, as well as problems with its much-hyped Cybertruck.
Lower sales have hit its revenues, and hurt its profits. Its share price has fallen by more than a quarter since the start of the year.
Mandated EV adoption has proven both boon and bane for Tesla.
Communist style Five Year Plans like that favoured by Wacko Trudeau distorted the market attracting rent seekers rather than competitors responding to consumer demand.
At his press conference on May 1 following the April–May meeting of the Federal Open Market Committee, Federal Reserve Chairman Jerome Powell called it “unlikely” that the central bank would raise the short-term interest rates under its control at its next meeting in mid-June. The Federal Funds Rate is currently between 5.25 percent and 5 percent.
At the same time, Mr. Powell told reporters, “clearly, restrictive monetary policy needs more time to do its job” and Fed policymakers “didn’t see progress in the first quarter” against inflation. The Fed’s target is a 2 percent inflation rate—a goal that is a long way off.
The Biden administration’s stringent environmental regulations and prioritization of electric vehicles are both deeply unpopular among swing-state voters, according to new polling shared exclusively with National Review.
For years, ardent Remoaners have been putting all of the problems facing Britain’s car industry down to Brexit.
Car manufacturers faced ‘death by a thousand cuts’, wailed the Guardian a few months after the Leave vote. ‘Brexit will leave the UK’s car industry running out of road’, proclaimed the New European in 2018. The UK car industry had ‘dodged disaster’ in December 2020 thanks to the signing of a trade deal with Brussels, insisted Bloomberg, but still the new arrangements were said to be ‘too little, too late’.
Canada’s greenhouse gas emissions rose in 2022, as the economy rebounded from the pandemic slowdown, according to figures obtained by Radio-Canada ahead of today’s government announcement.
The new National Inventory Report data shows emissions reached 708 megatonnes in that year, compared with 698 megatonnes in 2021.
