|EVs Still Charged By Electricity From Fossil Fuel
The idea Electric vehicles are less damaging to the environment has been broadly accepted by many people as fact. The notion EVs are good for the planet is a key factor for many of those deciding to buy an electric car. This debate has become rather political with a recent article in Barron’s pointing out that some of the research damning electric cars has been funded by Saudi oil interest. Part of the argument flowing out of this centers on the idea that policies incentivizing electric-car production will lead to the creation of more carbon emissions during coming years than if we were to instead encourage the use of efficient gasoline engines.
It is not surprising that people are going to try and shape conclusions and public opinion to serve their strategic interests. The direction society takes is a high-stakes game since the EU, Japan, Korea, and 110 other countries have pledged carbon neutrality by 2050. This is why countries such as China have extended $100 billion thus far in EV subsidies, the fact is China wants to make many of these vehicles. This is the main reason shares in Chinese EV manufacturers such as NIO and Xpeng have followed Tesla stock higher in recent months.
Adding to claims of agenda “propaganda” is the fact that a lengthy and detailed EV study by the Oak Ridge National Laboratory (ORNL), published in the scientific journal “Nature Communications,” was paid for by oil giant Saudi Aramco, which counts China as its largest customer. This indicates how little transparency exists around private companies’ financial or other involvement in the U.S. Department of Energy’s research. Some analysts say that Aramco’s role in producing the research is a potential conflict of interest and that the relationship between Aramco and ORNL highlights a broader concern about how some companies fund scientific research only to directly support their business interests.
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