2 cents worth:
* The solubility of a gas in a liquid is based on Henry’s law.
Solubility = (Henry’ constant) times (percentage of target gas in the atmosphere)
ie. The gas in the atmosphere acts as a spring to hold the gas in the liquid. Water, alcohol and CO2 will all have liquid and gas phases and follow Henry’s law. The magic of using a vacuum to degas is that the back pressure of subject gas is reduced so the solubility in the liquid is reduced and we see the effect as boiling.
The solubility is linear with the pressure and linear with the percent of gas in the atmosphere above the liquid, ie if I have a steam boiler I can contain the atmosphere and keep water in the liquid phase. Alcohol is capable of existing in both gas and liquid phase
* Alcohol does evaporate to a limited extent, as sour grapes notes, the ratio of alcohol to water evaporated will depend on the back pressure. This is the logic on having oak barrels in a humid/ cool cellar, the atmosphere provides back pressure to slow evaporation.
* The presence of CO2 in the liquid contributes to the flavor profile. Some companies reprocess wine by adding CO2 to add zing to the flavor.
In excess CO2 will contribute bitter/ carbonic acid flavor notes, , , so we don’t want to go overboard.
CO2 creates carbonic acid which decreases the pH and increases the TA.
The presence of CO2 contributes to a reductive environment which slows oxidation and off flavor production.
* the magic of vacuum racking is that fresh liquid with dissolved gas is exposed to low back pressure. The depth of liquid contributes back pressure which slows the release of target gas into the atmosphere. ie it still will come out, it just takes longer to reach a new equilibrium.
* vacuum pumps are rated on how many liters per minute they pull. The cheap $15 ones on the web are rated by are they mainly volume or inches of vacuum, not both. The $100 AC pumps are two stage and do both volume and inches of vacuum.
There is an argument here on what matters. , , , My opinion is some CO2 is useful in maintaining high quality wine. , , , and if I had no CO2 I would actively add extra inert gas as argon or nitrogen or even CO2.