The more electric vehicles we build, the greater CO2 emissions we get. - CEO of Toyota Motors, Akio Toyoda
Posted by freedomforall 4 years, 6 months ago to Business
Ignoring the fact that CO2 doesn't affect Climate in any meaningful way, the CEO of Toyota at least recognizes there is no way to produce enough low-CO2 energy to support civilization.
“The more EVs we build, the worse carbon dioxide gets…When politicians are out there saying, ‘Let’s get rid of all cars using gasoline,’ do they understand this?”
“The current business model of the car industry is going to collapse,” warns Akio Toyoda – if the virtue-signaling (and mandating and subsidizing) of electric cars isn’t dialed back. Because there’s no mass market for electric cars, which are too expensive to be mass-market cars.
It’s the math, man.
This idea that people who can barely manage a six-year-loan on a $25,000 car will somehow manage a loan on a $32,000 electric car (the lowest-priced electric car currently available) is as ridiculous as the idea that everyone will eat steak and lobster twice a week if the government so orders.
Unless someone else pays for it. Who will that be?
If from subsidies, then the people will pay that way – via taxes – and have even less ability to afford to replace their $25,000 non-electric car with a $32,000 electric car.
It can be printed, of course. Or hey! presto!’d into digitized existence. But then the people pay via inflation – the depreciated buying power of the money they have available. This is why the car industry will “collapse” if Electric Car Dementia isn’t treated somehow.
You cannot sell cars that people can’t afford to buy.
Toyoda – who knows numbers – did the math. And not just the MSRP math.
He added up the volts and watts that would be needed to power the replacement of the existing fleet of non-electric cars in Japan with electric cars and found there isn’t enough electricity to power an all-electric car fleet in Japan and power everything else that runs on electricity in Japan – like electric lights and electric ovens and electric water pumping stations and all the other things which are powered by volts and watts in Japan.
Something will have to give.
Or go dark.
Unless a sum on the order of several hundred billion dollars – the yen equivalent – is conjured to finance the building of the additional generating capacity needed to cover the additional demand.
Where will that money come from?
Because even if the money could be found to subsidize a mass-fleet of electric cars and pay for the additional generating capacity needed to power them, that additional generating capacity would result in an increase in the amount of the dread inert gas, C02, being ”emitted” – because the additional generating capacity that would be needed to support the powering of a fleet of electric cars and everything else cannot be met using solar, wind or hydro-electric power.
They simply can’t generate the megawattage. Which leaves coal/oil natural gas (which together account for about 80 percent of grid power) and these large-scale industrial emitters already emit a great deal more C02 than individual non-electric cars, combined.
To meet the increased demand, it will be necessary to build more coal/oil/natural-gas burning utility plants."
“The more EVs we build, the worse carbon dioxide gets…When politicians are out there saying, ‘Let’s get rid of all cars using gasoline,’ do they understand this?”
“The current business model of the car industry is going to collapse,” warns Akio Toyoda – if the virtue-signaling (and mandating and subsidizing) of electric cars isn’t dialed back. Because there’s no mass market for electric cars, which are too expensive to be mass-market cars.
It’s the math, man.
This idea that people who can barely manage a six-year-loan on a $25,000 car will somehow manage a loan on a $32,000 electric car (the lowest-priced electric car currently available) is as ridiculous as the idea that everyone will eat steak and lobster twice a week if the government so orders.
Unless someone else pays for it. Who will that be?
If from subsidies, then the people will pay that way – via taxes – and have even less ability to afford to replace their $25,000 non-electric car with a $32,000 electric car.
It can be printed, of course. Or hey! presto!’d into digitized existence. But then the people pay via inflation – the depreciated buying power of the money they have available. This is why the car industry will “collapse” if Electric Car Dementia isn’t treated somehow.
You cannot sell cars that people can’t afford to buy.
Toyoda – who knows numbers – did the math. And not just the MSRP math.
He added up the volts and watts that would be needed to power the replacement of the existing fleet of non-electric cars in Japan with electric cars and found there isn’t enough electricity to power an all-electric car fleet in Japan and power everything else that runs on electricity in Japan – like electric lights and electric ovens and electric water pumping stations and all the other things which are powered by volts and watts in Japan.
Something will have to give.
Or go dark.
Unless a sum on the order of several hundred billion dollars – the yen equivalent – is conjured to finance the building of the additional generating capacity needed to cover the additional demand.
Where will that money come from?
Because even if the money could be found to subsidize a mass-fleet of electric cars and pay for the additional generating capacity needed to power them, that additional generating capacity would result in an increase in the amount of the dread inert gas, C02, being ”emitted” – because the additional generating capacity that would be needed to support the powering of a fleet of electric cars and everything else cannot be met using solar, wind or hydro-electric power.
They simply can’t generate the megawattage. Which leaves coal/oil natural gas (which together account for about 80 percent of grid power) and these large-scale industrial emitters already emit a great deal more C02 than individual non-electric cars, combined.
To meet the increased demand, it will be necessary to build more coal/oil/natural-gas burning utility plants."
