Isn’t California broke? I seem to remember that the impeccably coiffed Governor Newsom had, at last report, managed to take a state with a comfortable budget surplus and convert that to a staggering deficit. That makes it a bit of a head-scratcher when they adopt policies like cutting off the sale of internal combustion engine (ICE) vehicles in favor of electric vehicles (EV).
But (as always) there’s a catch. Now we learn that the state’s power grid will require $20 billion in upgrades to support all the EV charging stations that this will require. In other words — the state is about to get a lesson on a fundamental law of the universe, TANSTAAFL — There Ain’t No Such Thing As A Free Lunch.
California must spend up to $20 billion on transmission line upgrades to support energy transfers to electric vehicles, according to a new Berkeley study. This figure does not include grid…
