Friday, September 22, 2023

The EV Jobs Myth: A transition to an all-electric-car future won’t mean less labor but more—much of it overseas.

 They're right to worry about jobs, too, but not for the reasons so often espoused by EV transitionists-namely, the idea an all-EV future will require less labor.

Counterintuitively the total EV ecosystem involves more labor per vehicle, though most of the increase is found in the manufacturing supply chain.

That's the inverse of the argument that EV requires less labor.

For perspective on the hidden labor involved, think about copper, where the data show that mining and refining collectively employ roughly eight people for every 1,000 EVs.

Add in the other minerals, and the total upstream labor looks like roughly 30 people for every 1,000 EVs produced-a 60-fold increase compared with the mineral supply chain for a conventional vehicle.

The EV transitionists have at least one thing right: this ostensibly "Green" path will create more jobs, even if many of those jobs are elsewhere.

A monomaniacal attempt to create an all-EV future, especially in the time frames envisioned, involves not only more overall labor but an unprecedented offshoring of labor, as well as a massive misallocation of capital.

https://www.city-journal.org/article/the-ev-jobs-myth

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