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The World Bank Wants To Get Rid Of Traditional Motor Vehicles

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Everything from cars to Bitcoin seems to rattle the environmental left.

In an effort to move us away from oil and other fossil fuels, the World Bank has suggested that we ban traditional motor vehicles which rely on modern combustion engines.

While we desperately need to get away from oil for various reasons, most people cannot yet afford an electric car. Many people cannot even afford a new car—they buy on the used market, and why shouldn’t they?

Cars are depreciating assets, and there is not yet a robust used market spanning decades for the electric car.

Electric cars sound nice, but at the end of the day these vehicles are taken home and charged through the grid—a grid which is mainly coal powered.

It seems to me that the World Bank’s recent suggestion is mired in elitism, ignorance, and hubris. Electric cars will not solve our main issue, that issue being: we need an actual renewable, reliable form of energy.

Nuclear energy is what comes to mind , but instead we are getting misanthropic and draconian demands from those who claim to be stewards of the environment.

Here are some reactions, as well as data previously posted by the World Bank itself:

Big League Politics provides the exact quote from Baron Nicholas Stern, a former World Bank senior economist:

“The right kind of policies have to be put in place, including the abolition of fossil fuel subsidies, the advancement of carbon pricing, but clarity on timescales for decentralization of the grid, clarity on timescales for stopping the sale of internal combustion engine vehicles, and so on—making sure the sense of direction is clear in those ways.”

 

Zero Hedge explains:

Stern also stated that “we’re headed for something closer to three degrees than two degrees” Celsius of global warming, saying of recent reports by the Intergovernmental Panel on Climate Change (IPCC) that “each one that comes through is more worrying than the one before.”

Yet the most recent IPCC physical science report projects that the highest emission scenarios and greatest warming are unlikely.

 

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