Saturday, March 13, 2021

Electric Vehicle Subsidies, Fantasies and Realities

Recommendable! EVs are anything but environmentally friendly! A giant boondoggle of our time. How the well off game the system! The privileges bestowed on those who can afford EVs is mind boggling! What a social injustice!

"[phony] Climate Czar John Kerry will likely be happy to buy EVs to expand his fleet of twelve cars, two yachts, six houses, and the private jet he flies in to accept climate crusader awards. ...
A 2021 Tesla Model S Long Range can go 412 miles on a multi-hour charge; its MSRP is $80,000. The Model Y all-wheel-drive is $58,000. A Nissan Leaf is “only” $34,000 but only goes 149 miles. Mileage of course assumes temperatures are moderate and drivers aren’t using the cars’ heater or AC. Similar sticker-shock prices apply to other EV makes and models, putting them out of reach for most families. 

To soften the blows to budgets and liberties, Senator Chuck Schumer (D-NY) wants to spend $454 billion to install 500,000 new EV charging stations, replace US government vehicles with EVs, and finance “cash for clunkers” rebates to help at least some families navigate this transportation transformation. 

Politicians are being pressured to retain the $7,500 per car federal tax credit (and sweet state tax rebates) now scheduled to lapse once a manufacturer’s cumulative vehicle sales since 2009 reach 200,000. EV drivers also want other incentives perpetuated: free charging stations, access to HOV lanes for plug-ins with only the driver, and not having to pay fees that substitute for gasoline taxes to finance the construction, maintenance and repair of highways they drive on. ...
A 2015 study found that the richest 20% of Americans received 90% of these generous EV subsidies. [presumably not much has changed in the intervening years until now] ..."

EV Subsidies, Fantasies and Realities | The Freedom Pub

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