Armstrong Economics Blog/Climate
Re-Posted Feb 3, 2019 by Martin Armstrong
Everyone who ran out and bought an electric car has suddenly discovered that when it gets cold, the battery will lose on average 20-25% of its charge. The idea that electric cars will replace fossil fuels is really a dream. That will work in warm territories, but when it gets cold, they will require more energy production to service them. This comes at a time when power plants also have increased demand to keep people warm. Even a heat-pump, which runs on electric, will stop putting out heat when the temperature drops to 40 degrees F or lower.
If we are indeed going to move to electric cars, then with a new cold-age/ice age approaching, the need to generate more power in winter will present problems nobody considered on the planning board