Bob FraserCFO & Macro Strategist | Data-Driven Investing Expert | Speaker & Author

"I told my friend, 'Your electric car raises our carbon footprint." Jeff Mohajir

Name: "I told my friend, 'Your electric car raises our carbon footprint." Jeff Mohajir
Uploaded: 2023-06-29T16:34:45+00:00
Duration: 54 s
Channel: Bob Fraser
Description: In this short monologue, Jeff Mohajir recounts a conversation with a friend who bought an electric Mustang SUV and proudly touted its green credentials…

29 Jun 2023 · 1 min

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In this short monologue, Jeff Mohajir recounts a conversation with a friend who bought an electric Mustang SUV and proudly touted its green credentials. Mohajir challenges the assumption that electric vehicles (EVs) automatically reduce emissions, pointing out that in Kansas City the electricity grid is still heavily reliant on coal and natural gas. He argues that each additional EV plugged into a home increases demand on a carbon‑intensive grid, leading to higher local carbon footprints and greater need for battery production, which in turn requires more natural‑gas‑generated power. The piece highlights the often‑overlooked link between EV adoption and the source of electricity that powers them.

Chapters

I think we are moving towards an electric or a power-driven economy, but what most people don't think about is how do you generate power? I think I've told you the story, maybe, and I have a great friend who lives down the street from me, bought one of these beautiful electric Mustang SUVs, and he came and picked me up, and it's great. And he said, touting some of the green energy, and I told him, I said, I'm a little upset with you. And he said, why? And I said, well, you've just increased our carbon footprint on our block? And he said, well, I bought an electric-powered car. And I said, well, you realize that the majority of power in Kansas City comes from— is generated by coal. The more you're plugging in your garage, the more coal generation for power there is. Oil and natural gas, particularly natural gas on the power side. The more electric cars are, the more batteries there are. It's going to take more natural gas to generate that power.