The pollution from a 30-year-old petrol car < manufacturing an electric vehicle (EV).
The pollution from an EV = manufacturing a petrol/CNG car and running it for 30 years.
EVs environmentally outperform petrol vehicles after 20,000–50,000 km. However, this is before the EV needs a battery replacement, which resets the environmental damage calculator.
Ignored from public discourse because it’s uncomfortable for the Left:
- Pollution from extracting rare earths like lithium in Africa
- Health impacts from working in cobalt and nickel mines (Acid rain)
- Emissions from transporting rare earths to production and assembly lines.
- Clearing of forests for installing solar panels
So, what explains the anxiety of paid activists and governments worldwide to force scrapping your old car, make operating it expensive, or impose fines?
London forces owners of old cars owners to pay a tax, while Delhi NCR refuses fuel for cars over 15 years old, with vehicles confiscated and scrapped if found in use. This logic and reasoning do not apply to government assets like buses or so-called classic cars.
The middle-class takes the biggest economic hit. A car used to be a purchase for a lifetime; now it’s a 15-year use-and-throw item.
In the history of modern capitalism, this is a new type of asset forfeiture, promoted by eco-warriors, the EV industry, and politicians. Like every economic fad, it has the full backing of all the unnecessary evils on the planet.
How can a government seize an asset that a citizen has paid for in full, including taxes and fuel duties? How can a government impose a levy to use one’s own asset (London)?
Imagine hearing this from a pipsqueak: “We need green redevelopment, more affordable housing, or better roads, so we’re going to demolish your house. Your house has old insulation, inefficient appliances, or no solar panels. You can voluntarily upgrade them at your own cost or sell your property.”
Countries have the power of eminent domain to seize properties. It won’t be long before societies are conditioned to accept this as the norm.
Hedge funds and private equity entities are already buying up houses across the UK, US, and EU. In Bharat, house prices are driven up by similar players, making new homes out of reach for the middle class.
Capitalists, communists, and socialists want the same thing: Concentrate wealth and property rights among a select few, while the rest can lease or rent. Eliminate private property for the masses.
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