Canada is pouring billions of dollars into the electric vehicle industry. Will it pay off?

Standing before a backdrop that declared Quebec’s commitment to a clean economy, Prime Minister Justin Trudeau and Premier François Legault outlined the details of what they both described as a “historic” project.

The numbers are eye popping. A new manufacturing facility to be built by Northvolt, a Swedish battery giant, will occupy 170 hectares — an area the size of more than 300 football fields — on Montreal’s South Shore, in a parcel of land spanning two communities.

Will it pay off? Not likely but the CBC says it will.

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NET ZERO TYRANNY: Chowtown ponders EV mandate for rideshare drivers that will hit poor hardest

 

As Toronto ponders EV mandate for rideshare drivers, experts say they can’t lead the charge without chargers

As Toronto is considering a proposal to mandate that all rideshare drivers use electric vehicles — the city urgently needs to prioritize upgrading its charging infrastructure specifically in high-rise, multi-unit buildings, where many drivers live, an environmental agency and academics say.

According to Ian Klesmer, the director of strategy and grants with The Atmospheric Fund (TAF), a climate agency and non-profit funded by government endowments, their research has shown that many rideshare drivers are low-income earners or new immigrants who live in apartments that need to be upgraded with electric chargers.


This commie assclown has to go.

Insurance companies will enjoy a bonanza of juicy rate hikes insuring buildings forced to have EV chargers installed.

That assumes we ever have the hydro infrastructure to support even that level of charger intsallation.

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‘Devastating’ cost of EV industry takes center stage in two news stories this week

Toxic plumes and neon orange bodies of water are quite an ironic legacy for “clean” and “green” energy—how anyone can miss a paradox that in-your-face is beyond me (but that’s beside the point).

Two stories out this week highlighted the growing concern over the “reckless” transition to the globalists’ vision of the energy industry: the first questioned whether or not public services were “equipped” to handle the unique “challenges and risks” posed when electric vehicle batteries catch fire, while the second covered a brand-new study published yesterday by Science Magazine, one of the world’s most prestigious, longstanding, and recognized academic journals (it first entered circulation almost 150 years ago).

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Toronto man frustrated after CITY nixes home EV charging plans

A Toronto man hoping to make the switch to an electric vehicle was left frustrated after consulting and working with the city for more than a year and a half, only to have his request to build a parking pad to support a charging station denied.

Mark Bishop said he’s been wanting to do his part to be more climate-friendly and is actively shopping to trade in his gas guzzler for an electric vehicle.

They don’t want you to own any kind of vehicle.

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The EV Jobs Myth

Dead EV Batteries

A transition to an all-electric-car future won’t mean less labor but more—much of it overseas.

Many claim that the United Auto Workers strike is, at core, a reaction to an “inevitable” transition to an all-electric-car future. They say that this future involves fewer jobs because electric vehicles (EVs) are supposedly simpler machines that therefore require far less labor to build. None of this is true.

But before we puncture this myth, let’s first note that the strike, like so much in life and politics, is about money. The UAW wants a 40 percent pay hike—and you can see why, given the staggering amounts of money sloshing around the auto industry. Automakers are enjoying record profits, much of which, rather than going toward wage increases, is being used to offset the billions of dollars in losses from building EVs. And that’s the least of it—the really big money gusher is coming from the government in the form of direct and indirect subsidies for EVs and the associated infrastructures.

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A Toronto landlord is banning electric vehicles on its property. Tenants’ advocates say that’s ‘unreasonable’

Tenants’ rights advocates are raising legal concerns about a Toronto building complex that’s banning electric transportation vehicles from the property, including in units, the garage, parking spaces and lockers.

Notices were posted this week at 110 and 120 Jameson Avenue in Parkdale, owned by Oberon Development Corporation, to alert tenants to the ban.

According to the notice, electric vehicles are not permitted anywhere on the property. Electric bikes and motorbikes, hoverboards, mopeds, segways and skateboard scooters are also part of the ban.

They are a fire hazard.

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Electric cars are the new EU-China battleground

Manufacturing competition is hurting Europe and the UK, and America could be next

This week Ursula von der Leyen announced that the European Commission, of which she is President, would be launching an anti-subsidies probe into the market for Chinese electric vehicles (EVs). This announcement comes off the back of data showing that Chinese EVs are starting to dominate the European market, with reports as early as last autumn showing that these cars were outcompeting domestically produced equivalents.

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Lithium battery fires will cause a tragedy

Scooter Lithium Battery Fire

Lithium batteries in electric vehicles are going to cause a major disaster – it’s only a matter of time.

I say this as my fingertips hover a quarter-inch from the Lithium battery in this laptop. The risk from phones, vape pens, and laptops is reasonably well-known and manageable, given their small size. However, we should mention that cheap mass production in China has seen a lowering of standards and a sharp rise in accidents…

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Carney on ‘Kudlow’: A UAW Strike Will Be Biden’s Fault Because His Policies Have Destroyed Autoworkers’ Wages

” … Kudlow observed that the transition to electric vehicles (EVs) is a major factor in the negotiations because “a lot less labor is necessary” to make an EV than a traditional gas-powered vehicle. Kudlow cited a claim made by Kevin Hassett, the former chairman of the Council of Economic Advisers in the Trump administration, that the auto industry could lose as many as 500,000 jobs due to the EV transition.”


The Elephant in the room, fewer workers earning lower wages, no wonder FORD is going full Electric.

Just in … Volkswagen cuts jobs as demand for EVs plunges

Decision comes just three months after production cuts and layoffs at the carmaker’s Emden plant

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Justin Trudeau and Doug Ford’s EV battery plant subsidies might not pay off for two decades, watchdog says

OTTAWA—It will take 20 years for the federal and Ontario governments to recover the $28.2 billion in subsidies they are pouring into new Stellantis and Volkswagen electric vehicle battery plants, according to a new analysis from Ottawa’s budget watchdog.

This “break-even timeline” looks at both factories, but the federal Parliamentary Budget Officer (PBO) noted Tuesday that it is “significantly longer” than Prime Minister Justin Trudeau’s original claim that it would take less than five years to recover public dollars going to the Volkswagen facility.

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Lithium deposit found in US McDermitt Caldera may be world’s largest

A lithium deposit discovered in a volcanic crater along the Nevada-Oregon border may hold up to 40 million metric tons of the rare metal — possibly the largest ever in the world, which could have a massive impact on the electric vehicle industry, according to a new study.

The deposit hidden within the McDermitt Caldera is estimated to hold between 20 million and 40 million metric tons, which would be nearly double the current record of about 23 million metric tons found over the summer beneath a Bolivian salt flat, researchers reported in Science Advances.

Not great news for Justin’s battery play.

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