Bummer: Skyrocketing Energy Prices Could Harm EV Sales

So many people forget that it isn’t just the cost of gas and natural gas that’s going up: all other energy is going up. You can’t replace inexpensive, reliable, dependable energy with expensive, unreliable energy and not think energy costs will not go up

Soaring energy costs threaten to unplug electric car revolution

Rising energy costs threaten to sabotage Boris Johnson’s plans for an electric vehicle revolution, car industry chiefs have warned.

Manufacturing electric cars requires large amounts of energy, while higher bills could also deter drivers from switching from petrol-powered models.

Mike Hawes, the chief executive of the Society of Motor Manufacturers and Traders, said that of all the challenges facing the industry, “the most disturbing one at the moment is obviously rapidly rising energy costs”.

“Already before this price volatility in the UK, we had among the highest energy costs in Europe, and that fundamentally undermines our competitiveness, so times are tough,” he added.

This piece is by the UK Independent, so, of course that’s their focus, and the UK, along with so much of Europe, is much further along the road of skyrocketing energy costs than the U.S. Unless you’re very rich, people are going to make decisions based on various factors in choosing a vehicle, and, if they cannot see a monetary benefit in purchasing an EV, why would they? I can easily make a case that a standard hybrid can benefit people who drive a lot vs a regular vehicle

An EV, though, doesn’t. Take the Hyundai Kona, as I’ve mentioned. They start at $34K. That’s a long way to go before you break even, especially throwing in the cost of charging. How many years? How many miles? Oh, you get a big federal tax break? Most looking at the lower cost Kona won’t usually have a big tax bill to owe the IRS, right? What if you don’t owe the IRS that much? Or nothing?

(Newsweek)  You must have a federal tax liability in the year you purchase an electric car or plug-in hybrid to claim the tax credit. The tax liability must meet or exceed the amount of credit you’re requesting. If, for example, you owe $6,000 in federal taxes, you can only claim a credit of $6,000 – even if the vehicle qualifies for a full $7,500 tax credit. It’s important not to confuse your federal tax liability with the size of the check you have to write by April 15, as your income tax liability also reflects any amounts withheld from your paycheck throughout the year.

So, if you owe $2000, that will be wiped out. If you owe nothing, or are getting a refund, you do not get anything else. That credit is really for rich folks who buy EVs.

The question now is “does the US start seeing the same thing as Britain with EVs?” All because a bunch of cultists are pushing doom from ‘climate change’? If they were smart, they’d make it incremental. But, they push too hard.

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38 Responses to “Bummer: Skyrocketing Energy Prices Could Harm EV Sales”

  1. drowningpuppies says:

    Don’t forget to compare the added insurance costs of an EV or a hybrid to a conventional auto.
    Many do not take that into account.

    Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

  2. Hairy says:

    Today EVs are not a an affordable choice for many Ameticans, just as cell phones and computers were unaffordable for most Americans when they first came out.
    Teach why is it that you are not comparing the average cost of an EV with the average cost of a fossil fueled car which has gone over 47000$ and will be nudging 50000$ the next time JD Powers publishes a new cost estimate? Why compare it to the cost of a smaller car. Ford now has over a 3 year backlog for their EVs. Which shows you how much some Americans want them. Ford is spending billions building new EV factories. They must think the market will justify that.
    Of course some buyers including the 25% sold to fleet owners are “virtue signalling” much like ordinary people do when they make an effort to pick up other people’s litter. ???? plus Chicks dig EVs
    Hertz has placed an order for 100000 Teslas hoping to receive all bybthe end of this year. Uber is offering its drivers another 50000.
    All because obviously “Americans don’t want EVs”

  3. Hairy says:

    Every person has a choice depending on their own “needs”
    Of course one might be the need to believe you did not want ykur money going to Russia Iran Irsq Venezuala Saudi Arabia et al.
    Another is that Teach’s fav past imste change deniers Roy Spenser of UAL Huntsville has changed from
    The Earth is not warming
    The Earth is only warming very slowly
    The warming is not caused by CO2
    A little of the warming over last 35 years is from CO2
    Most of the .2C warming per decade has been caused by CO2

    If you are in the top 1% of the richest human beings (34000$) and are only expecting 1 or 2 more decades of life .2C rise might not be too disconcerting for you
    Jl are you in that cohort?

  4. CC says:

    What do you mean?
    This IS “democratic incremental” they don’t know any other way but push and bully.

  5. Jl says:

    Good job, John.-can’t tell if that was an attempt to answer my question, but either way you didn’t answer it at all, which of course is your right.
    But let’s review-“Spencer of UAH has changed his view….”. As stated earlier, his UAH, along with NASA’s gisstemp, hadcrut and RSS all show the earth cooling for the last 6 years. How could that be? “You didn’t want your money going to Russia, Iraq, ect”. Yes, and why is that happening? Mostly because Brandon greatly shut down our ability to produce our own energy.
    “Are only expecting 1 or 2 more degrees… Jl are you in that cohort?” John, you again made an assertion that it’s going to warm more than that and its detrimental, and that the warming is rapid. Just like with your EV proclamations, those are simply assertions, not evidence. I’ve shown you several times evidence of much faster warming during the Holocene, can you offer proof that today’s is faster?
    And like many, you skipped a scientific step-even if it was rapid, you’d have to come up with proof that rapid is bad.
    Basically, your whole response to me was simply saying “Jl, because you don’t believe in these things I listed, which I don’t have proof for (other than Spencer’s views), you’re wrong.”

    • Elwood P. Dowd says:

      Jill typed: As stated earlier, his UAH, along with NASA’s gisstemp, hadcrut and RSS all show the earth cooling for the last 6 years. How could that be?

      Indeed, how could the Earth be cooling since 2016, but, but… according to UAHv6.0 TLT the Earth has been warming of 0.233 ± 1.485 °C/decade since 2018!! It’s almost as if you need to select the perfect interval!

      UAHv6.0 TLT from 2016 to 2022 shows “cooling” of -0.015 ± 0.849 °C/decade. Over that same 6 year interval RSSv4.0 TLT shows warming of 0.124 ± 0.859 °C/decade. GISTEMPv4 shows warming of 0.027 ± 0.695 °C/decade. HadCRUT4krig v2 shows 0.016 ± 0.765 °C/decade. So UAH shows insignificant “cooling” over the past 6 years and the other global databases show no cooling. That’s how I would explain it.

      How about over the past 30 years? UAHv6.0 TLT has it warming at 0.153°C per decade. It’s almost as if you need to select the perfect interval!

      • Jl says:

        Love it-“it’s almost as if you need to select the perfect interval!”
        Yes, which is why alarmists usually start their “intervals” at around 1850 or so, instead of earlier in the Holocene when it was warmer with much lower CO2! Magic!

        • Elwood P. Dowd says:

          One lie at a time, please.

          No, the Earth has not been cooling the past 6 years. Jill ignores that his lie was corrected. Typical.

          Jill typed: alarmists usually start their “intervals” at around 1850 or so, instead of earlier in the Holocene when it was warmer with much lower CO2

          Not exactly, Jill. There have been multiple temperature reconstructions of the Holocene.

          While not perfect, we have a better temperature record in the past century and a half than from 10,000 years ago.

          You may not be aware of this but thermometers were not prevalent 10,000 years ago. You don’t feel that CO2 is the only physical factor affecting global temperature do you?

          • Jl says:

            So in other words you haven’t refuted that it was warmer earlier in the Holocene, as stated. Thanks, but I knew that.
            Even better-“that lie has been corrected” No, they all show cooling. The Woidfortrees graph that shows that data for some reason wont paste onto Teach’s site

          • Elwood P. Dowd says:

            Jill typed: So in other words you haven’t refuted that it was warmer earlier in the Holocene

            What makes you think we must refute your unproven claims?

            You claimed that HadCrut, GISTEMP, RSS and UAH all show cooling the past 6 years and that’s not the case. I apologize for saying you lied. You may have just been mistaken.

            You could post a link to your evidence.

    • Elwood P. Dowd says:

      Dr Spencer said he accepted that the current warming was caused by human-generated CO2.

      from Roy Spencer PhD

      “As a preface, I will admit, given the lack of evidence to the contrary, I still provisionally side with the view that warming has been mostly human-caused (and this says nothing about whether the level of human-caused warming is in any way alarming).”

      • drowningpuppies says:

        He doesn’t seem as alarmed as Rimjob.

        Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

        • Elwood P. Dowd says:

          ShitLips moves the goalposts! Dr Spencer said he considers the current warming to be mostly human-caused.

          Bwaha! Lolgf

          • drowningpuppies says:

            God you’re stupid. You really should read what he actually wrote but one doubts with your lack of comprehension you’ll understand, ya dumbfuck.

            As I continue to see all of the crazy proclamations of how human-caused climate change is disrupting lives around the world (e.g., the Feb. 28 release of the IPCC report from Working Group 2, [Pielke Jr. analysis here]), I can’t help but return to the main reason why human causation for recent warming has not been convincingly established. I have discussed this before, but it is worth repeating.

            As a preface, I will admit, given the lack of evidence to the contrary, I still provisionally side with the view that warming has been mostly human-caused (and this says nothing about whether the level of human-caused warming is in any way alarming).
            But this position is largely an anthropocentric statement of faith.

            That doesn’t make it wrong. It’s just…uncertain.

            Unfortunately, that uncertainty is never conveyed to the public or to policymakers.

            (Emphasis mine.)

            Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

  6. Est1950 says:

    One of the most important unintended side effects of the USA/EU slapping these sanctions on Russia is of course fossil fuels shortfall and the world will be unable to run on green for decades. Just a fact. So with that in mind, the Green AGW proponents would be remiss to not reconsider the US fracking ability which produces clean, sweet crude oil as well as Liquid Natural Gas.

    Biden and the EU just agreed to start shipping excess Liquid Natural Gas to Europe to make up for the shortfall expected by stopping Russian LNG from flowing through several pipelines. Until Vladimir Putin is gone. As in imprisoned or perhaps worse, then Russia and the west and anyone that stands against Russia will have to make do with other means of Fossil fuel energy.

    Enter Fracking. This is the chance for the US legislature to work on a deal with the Fossil fuel industry to encourage the production of fossil fuels with a substantial tax on LNG and crude oil going directly to building Green energy.

    There is no choice. The left believes they can strong-arm the world into giving up the benefits of Fossil fuels and they cannot. Just too much is manufactured using crude and LNG making it the primary driver of commerce around the world.

    The Green Energy people should accept this fact and use this as an opportunity to embrace the amount of taxation they could spend on building green not only in the USA but around the world. The left could stimulate Green Energy production by the use of rebate checks in the form of heat and a/c along with fuel to power fossil-fueled vehicles and pump that tremendous capital into the creation of Green energy as well as Electric Vehicles.

    Today is a point in history that the Left will mourn if they do not seize this advantage and make it the impetus for a Manhattan project to turn the world green by using the Fossil Fuel industry to do their work for them.

    This notion that the world is going to end in a dozen years has tied their hands. The IPCC should write a new memo today and unbind their hands so they can seize this moment and make history. I understand this blog might be rendered obsolete if they were to strike a deal but going forward I believe that one of the greatest things dividing Americans and the world is AGW which has resulted in woke ideology.

    By addressing AGW and at the same time producing enough Fossil fuels to keep the world turning, the recession facing the world would end overnight. Of course, I realize this will likely never happen, and that is why AGW will rue this day as a lost opportunity when in twenty years they are still screaming we have 9 years to end fossil fuel use.

    • Facts Matter says:

      It was important for Biden to go to this meeting with the EU and deliver them something tangible.

      “I was also pleased to see them approve three additional pipeline projects. Energy security for America and our allies is dependent on FERC’s ability to move much needed energy infrastructure projects forward,” Manchin added. “To do so they must maintain clear and predictable policies that strike the right balance between energy security, affordability and environmental considerations.”

      FERC last month issued a policy statement regarding natural gas pipelines that would have increased scrutiny of “environmental impacts” and “potential impact on climate change” of new pipeline projects. The statement also highlighted considerations of “the interests of landowners and surrounding communities, including environmental justice communities.”

      At its meeting Thursday, FERC’s commissioners voted to make that policy statement and one other “Draft Policy Statements,” instead, FERC Chairman Richard Glick tweeted.

      FERC Thursday also approved the expansion of three natural gas pipelines.

      At least LNG will flow in the USA and keep people warm and keep the power plants burning, even if it destroys the largest union in the USA as in Teamsters by crushing the auto industry, RV, Boating etc. I hope these AGW lunatics would come to their senses but I doubt it. They have an agenda that we see now is being paid for by Russian and Chinese PACS whose sole focus is destroying fossil fuel use by the west which will ultimately lead to RUSSIA and CHINA ruling the world with unmatched military and commerce might.

  7. Hairy says:

    You create a strawman by attacking those greenies that are on the extreme edge, then shamelessly beat them into submission.
    Most A.eticans do accept thst AGW is proven science. Most do not think that the world for them will end tomorrow. I know I don’t. I do know that for the 1% of humanity that have a yearly income e of 34000$ ot more AGW will not end their world. But for the bottom 10% that earn only

    • Jl says:

      Sorry, John-it’s not proven, but a hypothesis. Since Arrhenius came up with his theory, there’s still been no simple, verifiable, repeatable experiment of the “basic physics” of agw. No one has shown how adding more CO2 will make an object warmer from its own emissions. 120 years or so and still waiting..

      • david7134 says:

        There is one very simple experiment. Take two greenhouses similar in all respects. Increase the CO2 concentration in one and observe. There is no difference. Jeff says that the glass is a blocker, but it is not major and you can use other items.

        Then there is the acidification of the ocean. No one has provided the concentration of carbonic acid which would be the culprit if secondary to CO2 and water interaction. Of course carbonic acid is very unstable and readily breaks down to bicarbonate, which is not an acid.

        Then there is the fact that the proponents of climate change say that their measures will do nothing.

        • Elwood P. Dowd says:

          We told you that Porter upgraded his defensebot to the trollbot3000, named david7134. Look how cute it is suggesting an experiment with greenhouses!

          Then it ‘discusses’ carbon dioxide, carbonic acid and bicarbonate, but makes a critical mistake.

          Here’s what it tried to relate: CO2 dissolves in water. CO2 + H2O –> H2CO3 –> HCO3 + H+ . Trollbot school is in Louisiana where the field of chemistry has yet to be discovered.

          What the bot fails to tell you is that pH of a solution depends only on the hydrogen ion (H+) concentration. That is how CO2 causes the pH of solution to decrease.

      • Elwood P. Dowd says:

        Sorry, Jill – but scientific theories are not proved beyond all doubt.

        Speaking of experiments, take a ball, say 13,000 km in diameter, and suspend it in a layer of gas including carbon dioxide. Now bathe this sphere in electromagnetic wavelengths in the visible and UV range and measure the surface temperature. Next increase the concentration of carbon dioxide in the gas layer. Physics predicts the surface temperature will increase. Why? As the sphere absorbs visible light it emits radiation in the infrared range which is absorbed by the carbon dioxide in the gas layer, slowing its journey away from the sphere. Now, if we could just find a ball, say 13,000 km in diameter enveloped in a gas layer containing carbon dioxide, and then find a way to increase the carbon dioxide concentration. Oh well, we’ll just keep dreaming.

        • drowningpuppies says:

          Yeah, keep dreaming, Rimjob.
          That’s about all you have.

          Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

        • Jl says:

          So in other words there’s still no verifiable experiment for what we’re told is simple physics. Yes, that’s what I said.

        • Jl says:

          Good one “physics predicts”. Predictions aren’t evidence. Physics would predict Mars would be much hotter than it is, seeing as it has 17times the CO2 as earth and receives half the solar radiance as earth. But the CO2 does nothing.
          Yes-Why not take a ball, just a few meters in diameter , suspend it with a layer of gas including CO2 and bath that sphere in electromagnetic wavelengths and measure the surface temperature. Then increase the concentration of CO2 in the gas layer. Next, instead of “predicting” something, actually measure the alleged temp increase. Thanks, J, you made my point

  8. Hairy says:

    Less than 2$ per day and who probably already live in the tropics may be ill equipped for it to get any hotter especially at the current rate of .2C per decade (according to former climate change denier Roy Spenser) let alone any possible increase in that rate
    People living in the northern part of the Northern Hemisphere will have less to worry about

    • drowningpuppies says:

      Dr. Roy Spenser has never been a climate change denier whatever the fuck that means.
      Have another toke, dumbass.
      You’re more ignorant than Rimjob.

      Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

      • Down on the Corner says:

        Roy Spencer.

        Interesting. I was watching a YouTube video a couple days ago and it was about Roy Spencer having his YouTube Account suspended for saying something about climate change that the Speech Nazi’s at YouTube disagreed with.

        He was being interviewed.

        He said. I have NEVER DENIED that the earth is not warming. I have just questioned the Models as being totally incoherent that are used to make policy around the globe. He said He has no doub that 50 percent of the warming is from man. However his readings from around the globe show about a 17 percent increase while the AGW institutes show something like a 53 percent increase in warmth.

        That was enough to get him banned. He uses the same stats and information the AGW people use to arrive at a different conclusion.

        But he does not claim it is not warming. He just denies it is warming as radically as the AGW people claim.

        That is not me and of course I am paraphrasing what he said in the interview.

    • Jl says:

      And the proof hotter is bad is……what?

  9. L.G.Brandon!, L.G.Brandon! says:

    Hairy do you live in the tropics? Then don’t worry about it. If it’s too hot for them they’ll move. Or are they too dumb to do that? And don’t say they’re too poor. Right now filthy impoverished illegals are walking from all over south and central America to enter our country so they can walk anywhere if they chose to.

  10. Dana says:

    Our car-selling host wrote:

    I can easily make a case that a standard hybrid can benefit people who drive a lot vs a regular vehicle.

    SSG Pico’s 2018 Prius Hybrid wouldn’t start Sunday evening, and she had to be back at work first thing Monday morning, so she took Mrs Pico’s gasoline powered car home.

    On Monday, I had to recharge the 12-volt auxiliary battery to get the Prius started. While it has the big battery pack of any hybrid, it uses a standard 12-volt car battery to power the computer, and if that dies, the vehicle won’t power up.

    My battery charger told me that the car battery was bad. A call to the Toyota dealership told me that it’s a special battery, and I needed to take it to a dealer to get it changed, rather than just buy a new battery locally and install it. So, I drove it to Toyota South on Bypass Road in Richmind, and $353, $353! later it had a new auxiliary battery.

    Did the dealer shop lie to me? Would a regular car battery have worked? I don’t know, but I wasn’t about to take chances with a hybrid electric car about which I have limited knowledge. At any rate, it was SSG Pico’s $353 in the end!

    • Elwood P. Dowd says:

      Gasoline powered cars NEVER have problems!

      • L.G.Brandon!, L.G.Brandon! says:

        dOwd: “Gasoline powered cars NEVER have problems!”

        You are the dumbest and most closed minded person here. The PROBLEM wasn’t the battery asshole, it was the $353 for a replacement. I bought a new battery in Dec. for my Corvette and it was $125. Installed. Other than leftist bullshit what justifies a $353 battery? Or is that another Brandon fuk-up we can add to the long list of Brandon fuk-ups?

        FJB, LOLOLOL

      • Down on the Corner says:

        My daughter bought a hybrid. Brand new cost about 45k. It has now been in the shop since she bought it and now has been in the shop for two months and she is driving a rinky-dink rental provided by Chrysler.

        the problem is the electronics are just all messed up. The engine runs fine. The batteries are fine. It is the electronics. The kids were not too bright when they purchased this during the pandemic when they were having all kinds of electronic parts shortages. it is a 2021 Chrysler Pacifica mini-van.

        Beautiful car, well built and drives like a dream. Not trying to Bash Chrysler here.

        But to make a really long story short finally a big shot at Chrysler told my daughter that the real issue with her car is they ultimately used inferior parts in the massive amount of electronics in the car to make it go.

        You see, as he said, people want all their bells and whistles while wanting hybrids or EVs and normally we can do that. However, with the supply shortages we faced with the pandemic we were forced to make other arrangements which caused your problem.

        they are now waiting on the proper parts so they can replace several computers in her car. They are paying her car payment and providing a rental.

        So yeah. When China attacks Taiwan who makes 90 percent of the semi-conductors buh bye electric cars that you can depend on. Better call Saul. Get those semi-conductor plants and chip plants up and running AMD and Intell. FAST.

  11. david7134 says:

    Jeff is demonstrating that he will lie, obfuscate and use every means possible to sell a hoax whose ultimate aim is to destroy our way of life, for no purpose. Or, he is extremely ignorant, which is a strong possibility as his stupidity killed his corporation.

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