Newsom budget expands green subsidies taxpayers can’t afford
California is staring at a $3 billion budget deficit, but Gov. Gavin Newsom still wants to spend $200 million on electric vehicle rebates. It’s both a foolish gesture and a graphic example of why Sacramento can’t get spending under control. The funds would replace the $7,500 federal EV tax credits for new cars that ended on Sept. 30 through the One Big Beautiful Bill that was passed and signed last summer. “We must continue our ...
“Nice Try” Won’t Really Lower Prices at Pump for California Drivers
The law required input from the California Air Resources Board to take effect, which recently said the blend “does not pose a significant adverse impact on public health or the environment compared to” the blend that it is replacing. The new blend, E15, is made with up to 15% ethanol, a biofuel produced from corn. It’s cheaper than the blend it is replacing, E10 (in part because of federal subsidies, which at one time “cost taxpayers $1.78 every time a ...
Does California Want To Be Part Of The Nuclear Renaissance?
As the California Coastal Commission agreed this month to keep the state’s last nuclear energy plant open for at least five more years, the Trump administration announced federal funding for the development of small modular nuclear reactors. The Diablo Canyon Power Plant in San Luis Obispo Power Plant, the only remaining nuclear energy facility in a state, was saved this month from an imminent death when the Coastal Commission voted to issue the permit the plant needs to obtain a federal ...
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