Electric Vehicles
Electric Vehicles
“Costly Subsidies for the Rich” Cited in Moneywatch Story on EV Tax Credits
Can Trump yank GM’s electric vehicle tax credit? By Rachel Layne On Tuesday, President Donald Trump vented his anger at General Motors after the company announced several plant closings and more than 14,000 layoffs. The president threatened to eliminate tax credits for GM’s electric vehicles along with other tax breaks and subsidies. ...
Blog
California Doubles Down on Folly of Electric Vehicle Tax Credits
California officials want to eventually force everyone on the road out of their gasoline- and diesel-powered automobiles and into electric vehicles. But it’s a radical shift that can’t be decreed into existence overnight. So, expect a boost in the government bribe to encourage more consumers to buy zero-emission vehicles. Sacramento ...
Blog
Why the Two Orders? Freezing CAFE standards was the correct policy
The Environmental Protection Agency (EPA) has proposed freezing CAFE standards at the 2020 levels of 37 mpg. While a bit of a non sequitur, this freeze is reminiscent of the climactic scene from the 1992 film A Few Good Men. For those of you who missed the movie, or just ...
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 ...
“Costly Subsidies for the Rich” Cited in Moneywatch Story on EV Tax Credits
Can Trump yank GM’s electric vehicle tax credit? By Rachel Layne On Tuesday, President Donald Trump vented his anger at General Motors after the company announced several plant closings and more than 14,000 layoffs. The president threatened to eliminate tax credits for GM’s electric vehicles along with other tax breaks and subsidies. ...
California Doubles Down on Folly of Electric Vehicle Tax Credits
California officials want to eventually force everyone on the road out of their gasoline- and diesel-powered automobiles and into electric vehicles. But it’s a radical shift that can’t be decreed into existence overnight. So, expect a boost in the government bribe to encourage more consumers to buy zero-emission vehicles. Sacramento ...
Why the Two Orders? Freezing CAFE standards was the correct policy
The Environmental Protection Agency (EPA) has proposed freezing CAFE standards at the 2020 levels of 37 mpg. While a bit of a non sequitur, this freeze is reminiscent of the climactic scene from the 1992 film A Few Good Men. For those of you who missed the movie, or just ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
