RE:EV's Will not Save the PlanetBased on this info (which concludes end-end EV is 80% more efficient than ICE, but I used 60% in my calculation to allow for current inifficiencies), and EIA numbers on petro use and CO2 emissions, some back of the envelope calculations show that if the US converted all consumer vehicles to EV, it would lower total US emissions by 26%, and world emissions by 5%.
This is material, as would be the swap out cost for ~110 million registered passenger vehicles. Many many many years to achieve. While I am thinking about a new BMW i4 450, I won't be letting go of my energy stocks that have made enough to pay for one in the last 6 weeks alone.
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https://www.energycouncil.com.au/analysis/evs-are-they-really-more-efficient/
“recent studies that include the complete life cycle of different types of vehicles, as well as their well to wheel data have revealed that even with fossil fuel-based electricity generation and power losses during transmission from electricity generation to filling the battery, electric cars were found to have lower levels of greenhouse gas production … even on the coal rich Australian grid, EVs produce 40 per cent less GHG when compared with equivalent ICE vehicles. In fact, their well to wheel calculations show that to drive 1km in an average petrol vehicle uses 1.36kWh/km while the average figure for electric cars is just 0.28kWh/km – an energy use figure close to five times less than for petrol cars.”