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Electric Vehicles – Page 11 – Pacific Research Institute

Electric Vehicles

Business & Economics

CAFE Standards versus Public Opinion

Calls for stricter environmental mandates contradict the broad public consensus on global warming. According to a 2018 report by the Yale Program on Climate Change Communication, seven out of ten Americans believe global warming is happening and six out of ten say they are at least “somewhat worried”. Other polls differ ...
Blog

Advice for Global Climate Summit-goers: Don’t Do What We’re Doing!

Today, thousands are gathering in San Francisco for a so-called “Global Climate Action Summit.”  Co-hosted by Gov. Jerry Brown, several UN organizations and other leaders, it is billed as a “launchpad for deeper worldwide commitments and accelerated action from countries.” The conference will explore “transformational changes” that are the result ...
California

Wayne Winegarden Discusses CA Electric Car Subsidies in SD Union-Tribune

Electric vehicle charging stations try to gain a foothold in urban areas By Rob Nikolewski Rodolfo Rodriguez was delighted to discover a brand new Tesla charging location in downtown San Diego. “Anytime you can find charging, anywhere, it’s great,” Rodriguez said after he plugged in his 2018 Model X on the ground ...
Climate Change

Wayne Winegarden Electric Car Subsidy Study Featured in Daily Signal Op-Ed

How ‘Green’ Energy Subsidies Transfer Wealth to the Rich By Nick Loris and Bryan Cosby   When the Golden State Warriors, who won three of the last four NBA championships, signed All-Star Demarcus Cousins, sports pundits across the country offered the same opinion: The rich just got richer. In many ...
California

ZEV Bill Would Hurt Ridesharing Drivers, Do Little to Help Environment

On any given day, tens of thousands of Californians are earning good money driving for Uber, Lyft, and other ridesharing companies. For many, the gig economy has been a windfall. Glassdoor.com says the average annual salary for a Lyft driver in Los Angeles is $36,000, while Uber drivers average about ...
Blog

Investors and Taxpayers: Beware of Corporate Welfare

Last week, Tesla analysts at Goldman Sachs reiterated their sell rating of the stock, citing decreased delivery projections of its Models S and X, and slower production of its mass market Model 3 (see: that’s what I want!).  Goldman analyst David Tamberrino believes that the slowdown may mean that the ...
Commentary

Subsidies for Electric Vehicles Favor the Wealthy

Electric vehicles are heavily subsidized by the federal, state, and local governments. Based on a study I just completed, the federal subsidies are worth over $42.7 billion to their recipients over the lifetime of the programs. They include the federal grant and loan programs for manufacturers, and the consumer tax credits worth $7,500 per ...
Blog

Another Way Government Is Playing Car Salesman – Giveaways to Power Companies

The government is not doing a very effective job of playing car salesman. Despite providing federal manufacturing grants and loans worth $40.7 billion and other $2 billion in federal tax credits to subsidize electric car purchases, electric cars, or zero emission vehicles, are just 0.5 percent of the marketplace.  California ...
Business & Economics

Government Electric Car Subsidies Are ‘Costly Subsidies for the Rich’, Finds New Study

Generous, taxpayer-funded subsidies for electric car purchases have become just another costly subsidy benefitting the rich, finds a new study released today by the California-based free-market think tank, the Pacific Research Institute. Click here to download a copy of “Costly Subsidies for the Rich” “When politicians talk about the need ...
California

Would An All-Electric Car Future Really Benefit Californians?

Sacramento is threatening to outlaw a freedom Californians have enjoyed for more than a century through a bill introduced by Democratic Assemblyman Phil Ting, of San Francisco. If it’s passed and signed, new gasoline-powered cars will become the state’s new undocumented immigrants. Government will refuse to register them. Should it ...
Business & Economics

CAFE Standards versus Public Opinion

Calls for stricter environmental mandates contradict the broad public consensus on global warming. According to a 2018 report by the Yale Program on Climate Change Communication, seven out of ten Americans believe global warming is happening and six out of ten say they are at least “somewhat worried”. Other polls differ ...
Blog

Advice for Global Climate Summit-goers: Don’t Do What We’re Doing!

Today, thousands are gathering in San Francisco for a so-called “Global Climate Action Summit.”  Co-hosted by Gov. Jerry Brown, several UN organizations and other leaders, it is billed as a “launchpad for deeper worldwide commitments and accelerated action from countries.” The conference will explore “transformational changes” that are the result ...
California

Wayne Winegarden Discusses CA Electric Car Subsidies in SD Union-Tribune

Electric vehicle charging stations try to gain a foothold in urban areas By Rob Nikolewski Rodolfo Rodriguez was delighted to discover a brand new Tesla charging location in downtown San Diego. “Anytime you can find charging, anywhere, it’s great,” Rodriguez said after he plugged in his 2018 Model X on the ground ...
Climate Change

Wayne Winegarden Electric Car Subsidy Study Featured in Daily Signal Op-Ed

How ‘Green’ Energy Subsidies Transfer Wealth to the Rich By Nick Loris and Bryan Cosby   When the Golden State Warriors, who won three of the last four NBA championships, signed All-Star Demarcus Cousins, sports pundits across the country offered the same opinion: The rich just got richer. In many ...
California

ZEV Bill Would Hurt Ridesharing Drivers, Do Little to Help Environment

On any given day, tens of thousands of Californians are earning good money driving for Uber, Lyft, and other ridesharing companies. For many, the gig economy has been a windfall. Glassdoor.com says the average annual salary for a Lyft driver in Los Angeles is $36,000, while Uber drivers average about ...
Blog

Investors and Taxpayers: Beware of Corporate Welfare

Last week, Tesla analysts at Goldman Sachs reiterated their sell rating of the stock, citing decreased delivery projections of its Models S and X, and slower production of its mass market Model 3 (see: that’s what I want!).  Goldman analyst David Tamberrino believes that the slowdown may mean that the ...
Commentary

Subsidies for Electric Vehicles Favor the Wealthy

Electric vehicles are heavily subsidized by the federal, state, and local governments. Based on a study I just completed, the federal subsidies are worth over $42.7 billion to their recipients over the lifetime of the programs. They include the federal grant and loan programs for manufacturers, and the consumer tax credits worth $7,500 per ...
Blog

Another Way Government Is Playing Car Salesman – Giveaways to Power Companies

The government is not doing a very effective job of playing car salesman. Despite providing federal manufacturing grants and loans worth $40.7 billion and other $2 billion in federal tax credits to subsidize electric car purchases, electric cars, or zero emission vehicles, are just 0.5 percent of the marketplace.  California ...
Business & Economics

Government Electric Car Subsidies Are ‘Costly Subsidies for the Rich’, Finds New Study

Generous, taxpayer-funded subsidies for electric car purchases have become just another costly subsidy benefitting the rich, finds a new study released today by the California-based free-market think tank, the Pacific Research Institute. Click here to download a copy of “Costly Subsidies for the Rich” “When politicians talk about the need ...
California

Would An All-Electric Car Future Really Benefit Californians?

Sacramento is threatening to outlaw a freedom Californians have enjoyed for more than a century through a bill introduced by Democratic Assemblyman Phil Ting, of San Francisco. If it’s passed and signed, new gasoline-powered cars will become the state’s new undocumented immigrants. Government will refuse to register them. Should it ...
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