tric Vehicles: Saving the World // (John Hinderaker).
Just kidding. Willis Eschenbach calculates how much fossil fuel is actually saved by electric vehicles in the U.S.
The Department of Energy’s Argonne national lab has just released a study that shows that plug-in hybrid electric vehicles (PHEVs), and electric vehicles, (EVs), “saved approximately 690 million gallons of petrol” in 2021.
However, this is a gross exaggeration as fossil fuels account for 61% of electricity in the US. So only a third of those savings are real reductions in fossil fuel usage, which is the equivalent to maybe 130 million gallons.
According to the Argonne report, EVs have also saved 2.1 billion gallons gas between 2010 and 2021. Let’s be generous and say that EVs have saved approximately a third of that amount in 11 years. That is the equivalent to about 750,000,000 gallons of gas.
That sounds like a lot of gasoline. It’s three-quarters of one billion gallons.
As always, it is important to keep things in perspective. The US consumes approximately 370 million gallons per day of gas… that’s about two days’ worth.
I repeat that. In the United States, electric vehicles have saved two lives over the past eleven years. Days. Worth. Of. Gasoline.
At enormous cost:
Direct taxpayer subsidies for EVs have cost us and us $10 billion dollars each to date. We’re still liable for more. The government extended the EV subsidy to 2032 and lifted the limit on the number of eligible vehicles.
It gets worse. The US government just approved an additional $7.5 Billion in taxpayer money for EV charging stations.
We’re currently spending TWENTY-THREE DOLLARS per gallon of gasoline that we have saved. This is economic suicide.
All the worst countries in the world are laughing at us.
Although electric vehicles have been around for over 100 years, they lost out to internal combustion engines because they are more affordable and better. This is true even today, regardless how many billions of dollar governments spend on subsidies for electric cars.