How realistic is it for electricity alone to “fuel” this world? How ethical is it for the US government to subsidize the manufacturing of EVs and the mining of its parts overseas? In this episode, Ron Stein joins Mike Mauceli in discovering why automakers are abandoning EV production, a breakdown of the different types of energy, and where we may be headed next. They discuss the challenges and limitations of electric vehicles, the impact of government subsidies, the need for energy literacy, and the potential of nuclear energy. - Electric vehicles face limitations in cold and hot climates due to battery usage for heating and cooling. -Government subsidies for electric vehicles are ethically questionable due to the environmental and human rights abuses associated with lithium mining. - Energy literacy is important to understand the complexities of energy sources and have informed discussions. - Nuclear energy is considered a reliable and emission-free alternative that should be explored further for sustainable energy solutions. -The conversation highlights the economic impact and redistribution of wealth associated with global green energy initiatives. 00:00 Introduction 01:11 Electricity is not going to run this world 06:12 Ethical Issues with Mining 11:25 2035 You cannot buy anything but EV 15:43 Electricity is made with oil derivatives 23:11 Government Subsidies ----- Please read carefully. This is not financial advice. You may be asking, “What does that mean?” Let me explain… Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.