Chicken Little global warming freaks have successfully created the false narrative that unless we spend trillions more American dollars to fund leftist organizations and foundations pretending to cure weather problems, then the earth will end in about a decade. What moronic dark age barbarian savage idiocy. Biden has put the stranglehold on American oil production to please the whackos, but look at how such foolishness is now driving tens of millions of Americans into insolvency due to higher costs they cannot afford.
Here are some problems with the pie-in-the-sky alternative nirvana deranged democrats are not seeing. When diesel is finally banned like so many governors are currently lobbying Biden to do, food prices, transportation costs, home heating and cooling costs, vehicle prices, city, county, and federal government operating costs, and more will skyrocket into the stratosphere. In other words, leftist fossil-fuel-free nirvana is a bad dream that will never achieve success.
Already we are seeing the price of nickel necessary for the average electric car has risen from $440 to $2,750.00. And that is just one component. We must expect the cost of producing the electricity to fuel electric costs will also skyrocket, as will the costs of mining and producing so many other components of electric cars.
Global warming insanity is worse than covid paranoia.
The price of nickel doubled to $100,000 per ton today (March 8), causing the London Metal Exchange to suspend trading for the rest of the day.
How does that translate to EV prices? With about 60 pounds (27.5 kilograms) of nickel in the average EV battery, a component that cost $440 last year today would cost about $2,750, The Telegraph reported.
Here are some problems with the pie-in-the-sky alternative nirvana deranged democrats are not seeing. When diesel is finally banned like so many governors are currently lobbying Biden to do, food prices, transportation costs, home heating and cooling costs, vehicle prices, city, county, and federal government operating costs, and more will skyrocket into the stratosphere. In other words, leftist fossil-fuel-free nirvana is a bad dream that will never achieve success.
Already we are seeing the price of nickel necessary for the average electric car has risen from $440 to $2,750.00. And that is just one component. We must expect the cost of producing the electricity to fuel electric costs will also skyrocket, as will the costs of mining and producing so many other components of electric cars.
Global warming insanity is worse than covid paranoia.
Surging nickel prices are bad news for electric car manufacturers
The rising cost of commodities continues to prove challenging for automakers trying to make EVs more affordable.
qz.com
The price of nickel doubled to $100,000 per ton today (March 8), causing the London Metal Exchange to suspend trading for the rest of the day.
How does that translate to EV prices? With about 60 pounds (27.5 kilograms) of nickel in the average EV battery, a component that cost $440 last year today would cost about $2,750, The Telegraph reported.