How to Turn $7.5 billion in Biden Handouts into $50 of Scrap Copper

Christian DeHaemer

Written By Christian DeHaemer

Posted May 15, 2024

How to Turn $1 Trillion in Biden Handouts into $50 of Scrap Copper

There was news out this week that the wires at Tesla charging stations have been cut to steal the copper.

The vandalism happened in Vejello, California and, according to some guy named Flauncy on X, is now a trend in the Golden State.

Flauncy tweets: “Why is this the 3rd charger this week I’ve been to in Los Angeles with the cables cut off by some weirdo. What’s the point? You may need cctv at all charging stations at this point. Most of these chargers are located in the worse neighborhoods.”

Maybe our leaders’ warm cuddly embrace of lawlessness doesn’t coincide with a zero-emission world.  

Or how about this headline by Zeroheadge:

“$7.5 Billion Bipartisan Investment Nets Only 7 EV Charging Stations”

Reuters manages to put a positive spin on this government waste and writes:

“The White House goal is to grow the nationwide network of chargers to 500,000, including high-speed chargers – no more than 50 miles (80 km) apart – on the nation’s busiest highways and interstates.

The funding comes from the $1 trillion 2021 infrastructure law. Energy Secretary Jennifer Granholm said the first station opening is a major step to “create a convenient, affordable, and reliable electrified transportation system.”

AI and EVs are Energy Hogs

The problem with these government-mandated ideas of mass EVs built on renewable energy is that it’s not going to happen.

Goldman Sachs recently put out a note saying that energy demand is going to surge: 

We forecast a 15% CAGR in data center power demand from 2023 – 2030, driving data centers to make up 8% of total US power demand by 2030 from about 3% currently.”  

That’s just AI, you also have huge EV demand if the U.S. hits the goals of 50% EVs by 2030 – which again is not going to happen.

GS continues: “US power demand likely to experience growth not seen in a generation. Not since the start of the century has US electricity demand grown 2.4% over an eight-year period, with US annual power generation over the last 20 years averaging less than 0.5% growth,” 

The utility sector is up 11% year to date in anticipation of a demand boom.

The problem of course is that they have to build out electric infrastructure, new powerplants, new grids, new transformers etc.  All of that takes copper.  

I’ve seen estimates that we will need two times as much copper as has ever been mined by humans since the dawn of history by 2050 to meet these mandated, no-emission goals.

This may explain why copper is now at a record, all-time, never-before-been-seen, high price.


Which brings us back to the charging station.  Each charging cable contains 2.2 pounds of copper which equals $10.40.  Eight cables equal $83.20.  Say the scrap yard is only giving you half price which would put your friendly neighborhood thief at $41.60 which would be enough for two doses of heroin or some other fentanyl-laced drug.

And there you have it, how to satiate a couple of drug zombies for the day for the low, low price of $1 trillion.   Behold, the business cycle in modern America.

All the best,

Christian DeHaemer

Outsider Club

The news reporting on Telsa Charger vandalism:

Copper prices:

Brit Ryle saw this coming:

Overdose death’s decline: