The Biden administration just released new rules for auto production in the US going forward. Electric vehicles now make up just 7% of auto sales. But by 2036 years from now, they’re going to have to make up half of all sales. In two years later, in 2032, they’re going to have to make up two thirds of all sales. That’s quite a big launch. Now, usually things like that big changes are expensive. But on his first day in office, President Biden signed an executive order ending traditional cost benefit analysis in the issuance of regulation was a good idea and for a good cause passed. Well, let’s take a look at some of the facts, some basic Evie math if you will. First of all, water. Water vapor, to be precise, is the biggest greenhouse gas there is by far, but it is not manmade, generate it instead. Other things are what drives the water cycle, and we can’t control it. So of that portion that is released by man 1/3 of it is carbon dioxide, which is exactly what the regulations are trying to target. 11% of all the carbon dioxide released by man is released in the United States. Remember, this is global warming we’re talking about. And by the way, America’s 11% is down from 15%. In 2007, we’ve had an absolute decline in carbon dioxide emissions, transportation of that 11% makes up 29%, the electricity 25%. Now that’s going to change if EVs are the dominant form, we’ll have less directly coming from cars more coming indirectly from electricity generation. But still, when you take a look at all this, start with carbon dioxide has a very, very small percentage of effect on the car’s emissions of carbon dioxide, excuse me, is a very small effect on global greenhouse gases. After all, most of what is emitted most of the problems is total water vapor. Only 15% of domestic carbon dioxide emissions are from cars, America is only 11% of total carbon dioxide emissions. And if you multiply it all out, the American switching completely away from gas powered vehicles, ice vehicles to electric vehicles will lower total carbon dioxide emissions on the planet by one half of 1%. This is not going to make a noticeable difference in anything. No matter what you think of the global warming math, there simply is not going to be a big enough reduction in the US changing from gas powered vehicles to electric powered vehicles to make much of a difference now, but we can look abroad to see what’s going to happen. In Norway, they had a very generous subsidy to allow people to switch from gas powered vehicles to EVs amounted to about $27,000 for each electric vehicle purchase 27,000 They changed it a little bit now it works to up to about $8,000 a year because you don’t have to do things like pay tolls. Well, what happened? People bought more EVs after all get a $27,000 tax benefit, you’re gonna do it 83% of all new cars are now EVs in Norway. But what happened to nominal electric vehicles? Well, their sales rose also, Norwegians wanted to have one of each the electric vehicle if you got some subsidy for driving it, the other vehicle for more practical purposes. As a result, total emissions in Norway, despite this big subsidy, only went down 8% Even as e 3%. Of all new cars We’re now electric vehicles. Now, what is going to be the longer term effect of all this? Well, it’s going to mean more electric production. In Norway, electric production had to rise 20% In order to meet the demand for all those new electric vehicles. In the US, it’s estimated that if we turn the entire fleet over to electric vehicles, we’d have to have 25% more electricity generation. I don’t know if you’ve noticed or not, probably haven’t, because it’s not happening. We’re not building new electric generating capacity, we’re not building the electricity, we’re going to need to power all those EVs when they finally hit the market. Let’s take a look at another country involved in its China. China is currently the world’s biggest electric vehicle maker. It’s also the biggest miner for a lot of the parts and stuff that go into the battery. Well, China’s about the dirtiest producer on Earth. And it’s using its dirty production in order to dig out those minerals. And to produce those electric vehicles. Two thirds of all Chinese electricity manufacturing comes from fossil fuels, ie carbon producing, and they’ve been adding power facilities right and left 80% of the new ones also come from fossil fuels, almost all of which is from coal. Coal is the most carbon dioxide polluting element that there is. So while it may make sense, make us feel good that we’re cutting our carbon to do so we’re buying cars and batteries from the most carbon polluting country on the planet. Now, the fact that we’re not building our own electricity generation suggests we’ve got a very bleak future ahead of us. We’re going to see brownouts, less employment, and much more expensive transportation, all to reduce total global greenhouse gas emissions by a total of one half of 1%. Meanwhile, enriching China and leading to more carbon dioxide emissions there. The Evie math does not add up. We’re only doing this because cost benefit analysis is no longer used in the issuance of regulation.