Posts Tagged ‘Stellantis’

LinkSwarm For March 29, 2024

Friday, March 29th, 2024

Lies trying to hide how bad the Biden Recession sucks continue to unravel, a mini Texas-vs.-California update, Ukraine makes another oil refinery go boom, true depths of human depravity, some Bill Burr and Critical Drinker links, and two tons of Murica. It’s the Friday LinkSwarm!

  • Dallas Fed manufacturing survey: “It’s A Far Deeper Recession Than Publicized.”

    Against expectations of a small improvement from -11.3 to -10.0, the headline sentiment gauge dropped to -14.4 (the lowest end of analysts’ forecasts).

    Furthermore, the production index, a key measure of state manufacturing conditions, fell five points to -4.1, a reading that suggests a slight decline in output month over month.

    Other measures of manufacturing activity also indicated declines this month.

    The new orders index – a key measure of demand – dropped 17 points to -11.8 after briefly turning positive last month.

    The capacity utilization index edged down five points to -5.7, and the shipments index plunged from 0.1 to -15.4.

    The decline in new orders came alongside a surge in prices as raw materials costs rose to 13-month highs…

    That has the stench of stagflation lathered all over it.

  • Also worse than reported: employment numbers. “Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000.”

    We first have to go back to December 2022, when we reported something shocking: as part of its data analysis of the “more comprehensive, accurate job estimates released by the BLS as part of its Quarterly Census of Employment and Wages (QCEW) program”, the Philadelphia Fed found that the BLS had overstated jobs to the tune of 1.1 million! This is what the Philadelphia Fed wrote in its quarterly Early Benchmark Revision of State Payroll Employment report at the time:

    Our estimates incorporate more comprehensive, accurate job estimates released by the BLS as part of its Quarterly Census of Employment and Wages (QCEW) program to augment the sample data from the BLS’s CES that are issued monthly on a timely basis. All percentage change calculations are expressed as annualized rates. Read more about our methodology. Learn more about interpreting our early benchmark estimates.

    So what did this “more accurate”, “more comprehensive” report find? It found that…

    In the aggregate, 10,500 net new jobs were added during the period rather than the 1,121,500 jobs estimated by the sum of the states; the U.S. CES estimated net growth of 1,047,000 jobs for the period.

    Lots of detailed analysis snipped.

    Putting it all together, we now know – as the Philly Fed reported first – that the labor market is far weaker than conventionally believed. In fact, no less than 800,000 payrolls are “missing” when one uses the far more accurate Quarterly Census of Employment and Wages data rather than the BLS’ woefully inaccurate and politically mandated payrolls “data”, and if one looks back the the monthly gains across most of 2023, one gets not 230K jobs added on average every month but rather 130K.

    Of course, none of that paints Bidenomics in a flattering picture, because while one can at least pretend that issuing $1 trillion in debt every 100 days to add 3 million jos per year is somewhat acceptable, learning that that ridiculous amount buys 800,000 jobs less is hardly the endorsement that the White House needs.

  • I think I link a story like this every year: “California Leads Among U.S. States Sending People to Texas in 2022. Florida and New York combined sent fewer people to Texas than California.” Leave any leftwing politics behind when you move…
  • California has a $55 billion deficit. But don’t worry, for the 24-25 fiscal year, it’s a $73 billion deficit.
  • Ukraine hits another Russian oil refinery, this time in Samara.
  • “Russian network that ‘paid European politicians’ busted.”

    A Russian-backed “propaganda” network has been broken up for spreading anti-Ukraine stories and paying unnamed European politicians, according to authorities in several countries.

    Investigators claimed it used the popular Voice of Europe website as a vehicle to pay politicians.

    The Czech Republic and Poland said the network aimed to influence European politics.

    Voice of Europe did not respond to the BBC’s request for comment.

    Czech media, citing intelligence sources, reported that politicians from Germany, France, Poland, Belgium, the Netherlands and Hungary were paid by Voice of Europe in order to influence upcoming elections for the European Parliament.

    The German newspaper Der Spiegel said the money was either handed over in cash in covert meetings in Prague or through cryptocurrency exchanges.

    Pro-Russian Ukrainian oligarch Viktor Medvedchuk is alleged by the Czech Republic to be behind the network.

    Mr Medvedchuk was arrested in Ukraine soon after the Russian invasion, but later transferred to Russia with about 50 prisoners of war in exchange for 215 Ukrainians.

    Czech authorities also named Artyom Marchevsky, alleging he managed the day-to-day business of the website. Both men were sanctioned by Czech authorities.

    (Hat tip: Stephen Green at Instapundit.)

  • “Abbott says he needs ‘two more votes’ to pass school choice.” Presumably he’ll get those (and then some) in the May runoff.
  • “$100M missing from Bay area trust fund management company. A Bay area father who counted on a local non-profit to handle a trust fund designed for his daughter’s long-term care feels duped.” And this is a trust for special needs kids.
  • Another dispatch from the decline of Charm City.

    The radical leftists in control of Baltimore City Hall have plunged the metro area just north of Washington, DC, into apocalyptic levels. We advise readers to entirely avoid the metro area as violent crime spirals out of control.

    Failed social justice reforms, defunding the police, and widespread mistrust of the police have resulted in a skeleton police force that will no longer be able to protect residents in some regions of the city.

    Fox Baltimore reported last Tuesday that only three police officers were on duty for the Southern Police District, which includes more than 61,000 residents.

  • Joe Lieberman, RIP. One of the least reprehensible Democratic senators of the last 30 years or so. But I still remember this:

  • Don’t click on this link unless you want to plumb the depths of human depravity. Noteworthy: “He and his husband.”
  • Flagstaff school board wants to parents to know they’re going to shove social justice down their children’s throats no matter what.
  • “GOP Delegates Adopt Resolutions Criticizing H-E-B CEO Charles Butt for Anti-School Choice Donations.”
  • Republicans file bill to strip money from woke medical schools.
  • Stellantis, AKA The European Monster That Ate Chrysler, just just laid off a whole bunch of white collar workers. Note their mention of focusing on “implementing our EV product offensive.” Oh yeah, they’re boned.
  • Speaking of EV layoffs, Ford is cutting down the staff of their F-150 Lightning plant to one third of what it was. The Lightning is enjoying a double whammy, in that people don’t want EVs, and Ford’s core customers can no longer afford trucks with an average selling price north of $80,000.
  • Florida Governor Ron DeSantis declares victory over Disney, as the latter has dropped their lawsuit over the the elimination of their special district status.
  • Sean Combs, AKA “Puff Daddy,” AKA “Diddy,” raided by the FBI. “A source close to the investigation told NBC News that the raid was connected to allegations of sex-trafficking and sexual assault and the solicitation and distribution of illegal narcotics and firearms.” “Source close” caveats apply.
  • The federal government is going to allow a shuttered nuclear power plant to be restarted. “The federal government announced that it would provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan. NJ-based Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it, but with support from the state of Michigan and the Biden administration, the emphasis has shifted to restarting the nuclear power plant by late 2025 instead.” Not wild about the loan part, but restarting America’s nuclear energy growth is long overdue.
  • Used Japanese homes are worthless Not just because of the shrinking population, but because they’re designed to be.
  • Bill Burr answers questions from the Internet.
  • The Critical Drinker is not impressed with the Road House remake. “The Patrick Swayze original wasn’t exactly peak cinema. It was dumb and over-the-top and silly, and I don’t imagine people were exactly crying out for a remake. But damn, man, it’s like Citizen Kane compared to this version.”
  • School tries to ban American flag from truck. Result: Two tons of Murica.
  • Twitch is cracking down on streams that “focus on intimate body parts.” After watching this, I have one question: Where exactly did the lady featured obtain her “automatic butt jiggler?”
  • Feel-good crime aftermath story:

    (Hat tip: Ace of Spades HQ.)

    • Hit the tip jar if you’re so inclined.





    Tags:, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
    Posted in Border Control, Budget, Crime, Democrats, Economics, Foreign Policy, Military, Republicans, Social Justice Warriors, Texas, Waste and Fraud | 4 Comments »

    LinkSwarm For November 17, 2023

    Friday, November 17th, 2023

    Progressives kick Jews out of the club, San Francisco cleans up for a communist dictator (but not mere citizens), FBI busts a brothel catering to politicians…then refuses to divulge their clients, and The Marvels crashes and burns on opening weekend. It’s the Friday LinkSwarm!

  • “Jews Get Kicked Out of the Progressive Club.”

    To sustain the alliance between leftists and Islamists, something had to give. And that something was Jews.

    After a while, it became a parody worthy of classic comedy skits: the Biden administration’s reflexive need to launch into a condemnation of “Islamophobia” every time the discomfiting topic of antisemitism came up — which, you may have noticed, it does quite a bit these days.

    Progressives hate antisemitism. Not, unfortunately, the concept . . . the word. It holds a mirror up to their internal contradictions.

    Jews have been among the most consequential, cutting-edge progressives in history. A few months back, I reviewed Democratic Justice, Brad Snyder’s biography of Felix Frankfurter, who may have been as responsible for forging the dominance of American progressivism as Franklin D. Roosevelt, the president he zealously served. Alas, Frankfurter would not be welcome today in what’s become of his movement — not least because of another project on which he collaborated with his mentor and fellow Supreme Court justice, Louis Brandeis: Zionism. That project is anathema to today’s progressives. It honors the old order and the uniqueness of a people reified in their ancestral homeland, one in which they dwelled for millennia — before Islam existed and, 14 centuries later, the notion of “Palestinians” was conceived.

    Moreover, to highlight antisemitism is intolerably inconvenient to the collaboration of highest priority for modern progressives: Their partnership with sharia supremacists — so-called Islamists, adherents to “political Islam.”

    Snip.

    Ostensibly, it’s an unlikely partnership: Sharia supremacists despise many signal progressive causes — e.g., abortion, equality for women, civil rights for homosexuals, and “gender fluidity.” (How long do you figure the “activists” waving their “Queers for Palestine” placards would actually last in Gaza?) And it seems odd for progressives, infamously intolerant of religious liberty, to make common cause with unabashed theocrats who would impose on society a systematically discriminatory legal code enforced by barbaric punishments — of the terrorizing kind that, not coincidentally, the Brotherhood’s Hamas jihadists inflicted on Israeli men, women, and children on October 7.

    But let’s dig deeper. The ne plus ultra for sharia supremacists and leftists is the extirpation of the established order. Yes, they have very different ideas about what should replace that order; but that’s an argument for later (at which point progressives would find themselves in the unenviable position of the appeaser after the crocodile is done devouring everyone else). For now, it is a marriage of convenience, a joint war of conquest against Western civilization.
    Marriages of convenience are not big on commitment and loyalty. Hence, Jews — predominantly on the left, with legions of stalwart progressives who would as reflexively rebuke Islamophobia as any good Democrat — have become a casualty of that war.

    The sharia-supremacist hatred of Jews is doctrinal. As the Hamas Charter relates, Islamic eschatology is consumed by an end-of-times war in which even trees and stones will help Muslims kill their mortal enemies, the Jews. The Islamic claim on the land “from the River to the Sea” also stems from scripture: Mohammed’s night ride from Mecca to Jerusalem and on to heaven. And Muslim scripture further holds that Islam’s prophet died upon being poisoned to death by a Jewish woman.

    This is all very uncomfy for progressives. They really don’t do doctrine, let alone submit — or at least allow themselves to appear to be submitting — to religious doctrine. Thus must they engage in euphemistic games to sidestep reality.

  • “Democrat Media Arm Scrambles As It Becomes Clear They Knew About Hamas Invasion Of Israel Before It Happened. “Reports have been bubbling up that the various tentacles of the Democrat hacktivist media actually had pro-Hamas activists ‘journalists’ embedded with Hamas before and on October 7th.”
  • Democrats wouldn’t clean up San Francisco for mere citizens, but they did it for a communist dictator.

    Apparently, the city of San Francisco can indeed clear out the tent cities of homeless, remove the human feces and hypodermic needles from the sidewalks, and make the downtown look sparking clean and shiny in just a matter of days. All it takes is sufficient motivation — like hosting a visit from Chinese dictator Xi Jinping.

    Even the New York Times can’t deny the irony that the arrival of Xi and a plethora of overseas leaders is spurring efforts that, presumably, could have been started and carried out at any point with enough motivation:

    On Market Street, the city’s main thoroughfare, maintenance workers resurfaced uneven sidewalks and installed plywood over empty tree wells.

    Nearby, a crew gave a long-derelict plaza a makeover by turning it into a skateboard park and outdoor cafe with ping-pong tables, chess boards and scores of potted plants. Elsewhere, workers painted decorative crosswalks and new murals, wiped away graffiti, picked up piles of trash and removed scaffolding to show off a refurbished clock tower at the Ferry Building. . . .

    Perhaps the most obvious change has been seen at the Speaker Nancy Pelosi Federal Building at the corner of Seventh and Mission Streets, less than a mile from the conference center.

    Before we go any further, can I just point out how infuriating it is that we live in a country with so many genuinely heroic, inspiring, and under-recognized figures, and yet we name things after politicians whose greatest achievements were bringing back a lot of federal funds to their constituents? I realize in the state of West Virginia, that statement is blasphemy.

    In a perfect irony, in August, “Officials at the U.S. Department of Health and Human Services advised hundreds of employees in San Francisco to work remotely for the foreseeable future due to public safety concerns outside the Nancy Pelosi Federal Building on Seventh Street.” As Iowa GOP senator Joni Ernst noticed, to protect the building named after the House speaker who said that border walls are “immoral,” federal officials put up a high chain-link fence.

    In other words, the official assessment of the federal government is that the Nancy Pelosi Federal Building is not a safe place for anyone, which strikes me as a heavy-handed metaphor.

    Anyway, back to the Xi-driven cleanup:

    For two years, a stubborn fentanyl market at the corner and a sprawling homeless encampment across the street became neighborhood fixtures. People regularly used drugs in an adjacent alley.

    Most have seemingly disappeared in a poof…

    It’s almost like the city government of San Francisco perceives Xi Jinping as the boss it needs to impress, instead of the voters whose exorbitant taxes (including an 8.625 percent sales tax!) pay city employees’ salaries. If the city is worth making safer, cleaner, and more attractive for a visit by Xi, President Biden, and a whole bunch of diplomats . . . why isn’t it worth making safer, cleaner, and more attractive for the full-time residents?

    Why indeed.

  • “Newsom Assures Homeless They Can Resume Pooping On Sidewalks Once His Boss Leaves.”
  • “Californians Set Up President Xi Dummy So Newsom Will Keep The Cities Clean All The Time.”
  • Thinks that make you go Hmmmm: “DOJ Protects D.C. Brothel Customers… As Congress Votes For New FBI Facility.”

    Two tightly connected things happened in Washington, D.C., on November 8: a “high-end” brothel serving “elected officials” was shut down by the FBI, and the U.S. House approved a controversial $300 million new headquarters building for the weaponized agency.

    In announcing the brothel’s bust, the Department of Justice explained that the sex-trafficking operation served “elected officials, high tech and pharmaceutical executives, doctors, military officers, government contractors that possess security clearances, professors, attorneys, scientists and accountants, among others.”

    The press release named the brothel operators: Han “Hana” Lee, 41, of Cambridge, MA; James Lee, 68, of Torrance, CA; and Junmyung Lee, 30, of Dedham, MA.

    In lurid detail, the Department of Justice explained how the operators advertised their services—primarily young Asian women—for high-end customers. In order to utilize the prostitution services of the brothel, prospective clients allegedly completed “a form providing their full names, email address, phone number, employer and reference if they had one.”

    Not mentioned in the press release were the names of the customers.

    The announcement was made just ahead of a vote in the U.S. House, which would have defunded the $300 million new headquarters building proposed for the FBI. The facility, to be built in Maryland, will reportedly be larger than the Pentagon. The Pentagon has a total floor area of 6.5 million square feet and offices 23,000 military and civilian employees.

  • Dispatches from the Biden Recession: “Stellantis offers buyouts to roughly half of U.S. salaried workers.” Stellantis consumed the corpse of Chrysler several years back.
  • “Taibbi: According To Pundits, ‘Ignorance’ Makes Americans Give “Wrong” Answers To Economic Confidence…The Guardian editorial Krugman linked to explains: Americans continue to believe the economy sucks, even though they’ve been told over and over it doesn’t! Why won’t they listen?…I can’t remember an instance of newspapers polling Americans about their feelings, then telling them their answers are not only wrong, but ignorant!
  • “Pro-Palestinian” protestors are anti-American protestors:

    (Hat tip: The Daily Gator https://thedaleygator.net/?p=25316 )

  • Gaza kids say the darndest things…about killing Jews. “I want to stab them again and again.”
  • Speaking of which, what better accessory is there for a little girls room than a cache of rocket launchers?
  • Tim Scott is out. Like so many in this presidential campaign cycle, he made himself less, not more, electable by taking the wrong side in the culture war.
  • Texas Republican congressman Michael Burgess will not seek reelection.
  • This is a weird story: “Congressman Pat Fallon (R-TX-4), who had filed to run for Texas Senate District (SD) 30, has now backed out and will instead run for re-election to his currently held congressional seat.” Being a state senator is all well and good, but who steps down from a U.S. Congressional seat to a state senate seat?
  • Austin police officer Jorge Pastore was killed in the line of duty early Saturday morning.
  • “Texas: Islamic scholar praises Gazans for having ‘thrown horror’ in the hearts of the Israelis.” That would be Mohamad Baajour of the East Plano Islamic Center.
  • Another week, another liberal journalist charged with child pornography.

    A BuzzFeed feature story from 2018 about a journalist who told a group of schoolchildren that he was gay was taken down just a day after it was announced that he had been brought up on child pornography charges.

    Slade Sohmer, 44, the former editor-in-chief of the left-leaning video-driven news site The Recount, was freed on $100,000 bail on Monday after he was charged in Massachusetts court with possessing and disseminating “hundreds of child pornography images and videos.”

    He has pleaded not guilty to two counts of possession of child pornography and two counts of dissemination of child pornography.

    (Hat tip: The Other McCain.)

  • “Germany’s Rheinmetall to supply Ukraine with 25 Leopard-1 tanks.”
  • Asianometry takes a deep dive into Nvidia’s radical new computational lithography method for generating semiconductor masks. I know a whole lot of eyes just glazed over, but this stuff is important, and I don’t think any other bloggers are covering semiconductors. And speaking of eyes…
  • World’s first whole eyeball transplant performed. No vision yet, but doctors are hopeful.
  • Rosalynn Carter joins her husband in hospice care.
  • Texas A&M head football coach Jimbo Fisher just got paid $77 million to go away. Nice work if you can get it…
  • The Marvels officially has the worst opening weekend of any MCU film. Yes, worse than the Ed Norton Hulk.
  • Speaking of disasterous superhero films, Critical Drinker goes over the compounding errors of the never-to-be-released Batgirl movie. Surprisingly, the film itself was reportedly not that bad, it’s just a cascading series of studio decisions made the film nonviable.
  • Snoop Dogg says he’s giving up weed. And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
  • A tale of two Halloween lights.
  • “Hamas Says All The AK-47s Found In Gaza Hospital Were Strictly For Medicinal Use.”
  • “Thousands Already Lined Up For Black Friday After Grocery Store Offers Prices From When Trump Was President.”

    • Tags:, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
    Posted in Austin, Communism, Crime, Democrats, Economics, Elections, Foreign Policy, Jihad, Media Watch, Military, Republicans, Social Justice Warriors, Supreme Court, Texas | 4 Comments »

    Electric Van, Electric Van/Can You Find One? No One Can/Loses A Fight With Petroleum Van/Electric Van

    Tuesday, January 18th, 2022

    Everyone in the Democratic Media Complex wants us to know that electric vans are THE FUTURE of delivery. That remains to be seen, but they sure seem to have a lot of trouble being the present of delivery.

    In the fall, Jeff Bezos tweeted praise for Rivian, a start-up under contract to make 100,000 electric delivery vans for Amazon, and its founder, R.J. Scaringe, calling him “one of the greatest entrepreneurs I’ve ever met.”

    Then, Mr. Bezos worked in a jab: “Now, RJ, where are our vans?!”

    The comment may have been in jest, but the problem he raised is a serious one.

    Amazon has an insatiable appetite for electric vans, thanks to a ballooning logistics operation and a pledge that half of its deliveries will be carbon-neutral by 2030. But that hunger is running into the reality that the auto industry barely produces any of the vehicles yet.

    While consumer electric cars are finally hitting their stride — Tesla delivered almost a million cars last year — the market for commercial electric vehicles is still nascent, with their heavier loads multiplying the technology challenges. Amazon would not say if Rivian delivered the first 10 production vans in December, as was expected, and other automakers are not manufacturing at scale yet, either.

    Even though Amazon owns nearly 20 percent of Rivian, it has also put in orders with other automakers, to lay claim to as many vans as it can before they are even under production.

    This month Amazon said it would buy “thousands” of electric Ram vans from Stellantis, the company formed last year after the merger of Fiat Chrysler and the French automaker Peugeot.

    I too stumbled over “Stellantis” the first time I saw it, a company formed from the merger of three car companies, none of whose quality screamed “reliable.” (Or, indeed, even whispered it.) But I digress.

    It has also ordered 1,800 electric vans from Daimler in Europe. And it has formed a partnership with Mahindra, the Indian automaker, as part of its goal to have 10,000 electric three-wheeled vehicles on the road by 2025.

    “The scale and speed at which we’re trying to do this requires a lot of invention, testing and learning, and a completely new playbook,” Ross Rachey, who oversees Amazon’s global fleet, said in a statement.

    Amazon expected to have roughly 175,000 of its vans on the road by the end of 2021, according to an internal document from late 2020, nearly all of which burned fossil fuels.

    That number is growing quickly. Amazon is several years — and tens of billions of dollars — into a huge push to deliver packages, shifting away from relying on large carriers like UPS. To begin the expansion, Amazon ordered 20,000 diesel Sprinter vans from Mercedes-Benz.

    You saw very few of those Mercedes vans on the road before Amazon started buying them, but now they’re everywhere. But, again: gas-powered.

    Through its network of contractors, Amazon now delivers more than half of its orders globally, and far more in the United States. Amazon has six times as many delivery depots now as it did in 2017, with at least 50 percent more new facilities set to open this year, according to data from MWPVL, a logistics consultancy.

    That logistics boom, accelerated by the pandemic’s shift to online shopping, multiplies the challenges the company faces in meeting its pledge to reduce its climate impact. Its vow to make half of its deliveries carbon-neutral by 2030 is part of the company’s broader pledge to be net-carbon-neutral by 2040.

    Conveniently far in the future that deadlines can slip long after the people making such promises are retired.

    “Electrification of their delivery fleet is a really important part of that strategy,” said Anne Goodchild, who leads the University of Washington’s work on supply chain, logistics and freight transportation.

    Delivery vans are well suited to electric propulsion because they usually travel 100 miles or under in a day, which means they don’t need large battery packs that add to the cost of electric cars. Delivery trucks are often used during the day and can be recharged overnight, and usually require less maintenance than gasoline trucks. Electric vehicles don’t have transmissions and certain other mechanical components that wear out quickly in the heavy stop-and-go typical in delivery routes.

    This isn’t strictly true. Some electric vehicles have two-speed transmission, and they still need gears to change drive-speed ratio.

    In September 2019, when Mr. Bezos announced Amazon’s huge Rivian order — the largest ever order of electric vehicles — he positioned it as central to Amazon’s commitment to reduce its carbon footprint. At the time, he said he expected the 100,000 vans to be on the road “by 2024.”

    Amazon invested at least $1.3 billion in Rivian, which Amazon says is supposed to make 10,000 vans as early as this year. Amazon also locked up exclusive rights to Rivian’s commercial vans for four years, with the right of first refusal for two years after that. The companies have been testing the vans for almost a year.

    In regulatory disclosures in November, Rivian said it would make the full delivery to Amazon “by 2025.” Last week, Mr. Rachey said Amazon expected to have the vehicles on the road “no later than 2030.”

    Rivian declined to comment.

    Yeah, I bet.

    There’s nothing impossible about making an all-electric fleet. With enough money (and assuming certain Biden-era supply chain disruptions don’t get worse), it could be done by the end of next year. But whether it could be done cost-effectively is another question. Battery capacity is constantly improving, but not by Moore’s Law-esque leaps and bounds. Lots more can go wrong on a gasoline-powered car, but the technology is mature and many individual engine parts are relatively affordable. By contrast, as the man who blew up his Tesla showed, replacing current lithium ion batteries for an entire car is hideously expensive right now. That will probably come down, but no one knows by how much or how quickly. There’s a case to be made that those batteries are so expensive that electric cars are actually worse for the environment than modern gas-powered automobiles. But pointing that out commits heresy against The Holy Global Warming Narrative.

    By the way, it’s not just Amazon that’s having trouble. The Postal Service is finding electric vehicles a lot more expensive than they expected.

    After the USPS was criticized on Capitol Hill for its $9.3 billion plan to replace 165,000 trucks—specifically because 90 percent of them would be powered by gas combustion engines—the government-operated service went back and crunched the numbers again. In its recently released Final Environmental Impact Statement, the USPS estimates that the cost of an all-electric fleet would be $11.6B. That’s an additional $3.3B.

    If that price tag seems a bit steep, the USPS estimates that it could electrify 75,000 of its vehicles—less than half of the proposed total—for an additional $2.3B ($10.3B total). Still too high? That figure is a mere fraction of the financial losses the USPS has experienced in the last 15 years. According to a report published by the Government Accountability Office in September 2021, the USPS has lost more than $87 billion since 2007 as the volume of mail it delivers has dropped.

    A billion here, a billion, and pretty soon you’re talking real money…

    Tags:, , , , , , , ,
    Posted in Global Warming | 15 Comments »