If you're one of the vast majority of Americans still driving a gas-powered vehicle, the Biden administration really wants to get you out of it. President Biden's aggressive green agenda includes a goal that 50% of all new vehicles sold in the U.S. are electric by 2030. To that end, the administration is raising fuel economy standards to levels that can only be met with more electric cars. The infrastructure bill Biden signed into law late last year also includes billions of dollars to build 500,000 EV charging stations around the country.
At a time when last year's power grid failure is still fresh on the minds of Texans, this strong push for electric vehicles raises a pertinent question: Where will all of this new electric power come from? Jerry Korth, engineer and high-tech entrepreneur, addresses that issue in a new column, The Inconvenient Truth About Electric Vehicles.
Korth has crunched the numbers on Biden's EV plan, and they don't add up. "Fifty million new EVs on the road by 2030, which is the administration's goal, is going to consume a huge amount of electricity---150 billion kilowatts to be exact," he tells KTRH. "In order to have that much additional electric power on the grid, we need to start building additional fossil fuel power plants today."
The same principle applies to all of those new charging stations. "Building charging stations is fine, but the problem is where is all of the electricity going to come from," says Korth. "They are going to require vast amounts of electricity."
Beyond energy costs, mass production of electric vehicles (specifically their batteries) also raises environmental concerns.
Some would call this the law of unintended consequences. But Korth believes it's just the opposite. "The current administration knows well they've set a course that's intended to reduce our carbon footprint, our emissions, and use of fossil fuels," he says. "I don't think they really care whether or not yours and my electricity prices double in ten years."
"As long as they meet their climate goals, I think they believe it's worth the price, regardless of the cost to the consumer."