Sometimes, logical considerations are so simple that our natural tendency is to question them. Personal transportation is a good example. We’ve been taught to think of pumping gas and the associated fuel dollars spent as a given, as the cost of having independent mobility freedom. Right? And we accept that, because many parts of the US don’t have regional gas production facilities, it costs us even more than other places to buy gas.
Let’s step back from this norm about fueling dollars and think about it a bit more closely. Wouldn’t it make sense to focus on generating electricity locally, so consumers can shift to electric transportation and save money as they plug in? Wouldn’t EVs that source electricity locally keep transportation expenditures recirculating through local economies?
The answer to those questions is yes. When we drive our EVs in our home regions and draw upon locally-generated electricity, we’re saving a whole bunch of money.
See Keep Fuel Dollars Local By Switching To EVs
#environment #EV #BigOil #localeconomy
Using the example of the southeastern US, a new analysis outlines how electrifying transportation regionally could result in $47 billion in transportation fuel spending retained annually.