Author Topic: Testimony on the Folly of Electrifying the U.S. Transportation System  (Read 157 times)

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Testimony on the Folly of Electrifying the U.S. Transportation System
By
Heartland Institute -
July 26, 2021 0

Bryce Congressional Testimony Details Economic, Societal, National Security Hazards of Electrifying U.S. Transportation System

By Tim Benson

Testimony delivered before the House Select Committee on the Climate Crisis in June by Robert Bryce, a visiting fellow at the Foundation for Research on Equal Opportunity, raised a warning on the potential hazards of electrifying transportation and the regressive costs of continued federal subsidization of the sale of electric vehicles (EVs).

“Electrifying parts of our transportation system may result in incremental reductions in greenhouse gas emissions,” Bryce argued. “But a look at history, as well as an analysis of the supply-chain issues involved in manufacturing EVs, the resource intensity of batteries, and the increasingly fragile state of our electric grid – which is being destabilized by bad policy at the state and national levels – shows that a headlong drive to convert our transportation systems to run on ‘green’ electricity could cost taxpayers untold billions of dollars, increase greenhouse gas emissions, be bad for societal resilience, make the U.S. more dependent on commodity markets dominated by China, make us less able to respond to extreme weather events or attacks on our infrastructure, and impose regressive taxes on low and middle-income Americans in the form of higher electricity prices.”

“EVs … impose … societal costs that are likely to exacerbate inequality and lead to more energy poverty,” Bryce continued. “Those costs include taxpayer-funded subsidies given to EV buyers, publicly funded charging stations, and the grid upgrades that will be needed to support the electrification of light and heavy-duty vehicles. Those costs will impose a significant cost burden on low and middle-income consumers, even though those consumers are unlikely to purchase EVs.”

https://climaterealism.com/2021/07/testimony-on-the-folly-of-electrifying-the-u-s-transportation-system/