The leading Democratic contenders for the White House love electric vehicles. Sens. Bernie Sanders (I-Vt.), Elizabeth Warren (D-Mass.) and Kamala Harris (D-Calif.) all have released plans that would require the rapid electrification of the transportation sector.
During last week’s CNN town hall on climate change, former vice president Joe Biden declared that the U.S. should “get internal combustion engine vehicles off the road” and that by pushing EV development, “we will own the market. …We will be creating jobs.”
Andrew Yang said “we are all going to love driving EVs.” He said the federal government would help consumers buy an electric car and “we will offer to buy their clunker.”
While there’s no doubt that EVs are politically popular, they won’t save us from climate change. Sure, EV sales are growing. But a look at the numbers shows that American drivers aren’t giving up their “clunkers.” Gasoline sales are at record levels, and any attempt to convert the U.S. auto sector to EVs will overwhelm global markets in commodities such as cobalt and copper.
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