Electric Vehicles
Blog
In Bipartisan Vote, U.S. Senate Follows PRI’s Advice in Rejecting ‘Costly Subsidies for the Rich’
You may have missed it amidst the “vote-a-rama” on dozens of amendments to the Senate Democrats’ $3.5 billion budget reconciliation bill being voted on early Wednesday morning, but a key bipartisan vote could put an end to what PRI has termed “costly subsidies for the rich,” or taxpayers subsidizing electric ...
Commentary
Infrastructure bill’s ‘buy American’ provision inflates healthcare costs
The Senate is poised, on Tuesday, to pass a $1 trillion bipartisan infrastructure package. According to the latest estimate from the Congressional Budget Office, the new spending will increase the deficit by over $250 billion. The 2,700-page bill appropriates an avalanche of funding for everything from electric vehicle charging stations ...
Blog
Biden’s Electric Vehicle Push Shows He Hasn’t Learned from California’s Mistakes
President Biden announced new federal action on Thursday designed to increase the role of government officials as car salesmen. Politico reports that Biden signed an executive order “setting a target that half of all new vehicle sales by 2030 will be zero-emissions vehicles, primarily electric cars and trucks.” The administration ...
Blog
It’s Finally Infrastructure Week . . . But Is That a Good Thing?
At long last, it’s finally “Infrastructure Week.” On Wednesday, a group of Republican and Democrat senators resolved their final differences with President Biden and reached a long-elusive agreement on a bipartisan infrastructure bill authorizing $550 billion in new spending over 5 years. Later that night, the Senate voted 67 to ...
Blog
President Reagan’s Famous Line Aptly Describes Governor Newsom’s Electric Vehicle Subsidies
Paraphrasing President Reagan, “California’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” In this case, Governor Newsom wants electric vehicles to move – both literally and figuratively. ...
Blog
Been There, Done That on Costly Subsidies for the Rich
President Biden has proposed $174 billion in federal electric car subsidies, which research shows have been little more than giveaways to wealthy car buyers. California Has “Been There, Done That” California is one of the nation’s leaders in offering taxpayer-funded subsidies to purchase new electric cars. State tax credits ...
Blackouts
The Greener California Becomes, The More Energy Problems It Creates
The phrase “going green” is supposed to evoke images of bright, clear and clean skies; lush vegetation; the efficient and effective use of resources; and cheap, non-polluting energy. Yet it produces more darkness than light. With the arrival of intense summer heat came a reminder from the California Independent System ...
Climate Change
The SEC Risks Misinformation If Standardized And Detailed Climate Risks Disclosures Are Adopted
Based on the well-established materiality standard, public companies must disclose any potential financial risks from global climate change. The SEC is questioning whether these disclosures are inadequate, and is considering additional more detailed and standardized disclosure standards. Imposing such standards would be costly for public companies and will lessen investors ...
Business & Economics
Replace gas tax with more efficient, fairer mileage fee
California policymakers have spent years debating how to pay for road and highway repairs. President Biden’s current infrastructure plan brings that debate to the national stage. Like its peers, California relies on a gas tax and registration fees to pay for infrastructure. But policymakers should cut registration fees and replace ...
Climate Change
President Biden’s 50% Emissions Reduction Target Is Political Theater, Not Serious Policy
At the 2021 global climate summit, President Biden committed the U.S. to cut its greenhouse gas emissions in half by 2030. Cutting emissions in half is a great talking point and a satisfying sounding goal. Unfortunately, the 50% – 52% reduction goal is more of a political statement than an achievable policy. ...
In Bipartisan Vote, U.S. Senate Follows PRI’s Advice in Rejecting ‘Costly Subsidies for the Rich’
You may have missed it amidst the “vote-a-rama” on dozens of amendments to the Senate Democrats’ $3.5 billion budget reconciliation bill being voted on early Wednesday morning, but a key bipartisan vote could put an end to what PRI has termed “costly subsidies for the rich,” or taxpayers subsidizing electric ...
Infrastructure bill’s ‘buy American’ provision inflates healthcare costs
The Senate is poised, on Tuesday, to pass a $1 trillion bipartisan infrastructure package. According to the latest estimate from the Congressional Budget Office, the new spending will increase the deficit by over $250 billion. The 2,700-page bill appropriates an avalanche of funding for everything from electric vehicle charging stations ...
Biden’s Electric Vehicle Push Shows He Hasn’t Learned from California’s Mistakes
President Biden announced new federal action on Thursday designed to increase the role of government officials as car salesmen. Politico reports that Biden signed an executive order “setting a target that half of all new vehicle sales by 2030 will be zero-emissions vehicles, primarily electric cars and trucks.” The administration ...
It’s Finally Infrastructure Week . . . But Is That a Good Thing?
At long last, it’s finally “Infrastructure Week.” On Wednesday, a group of Republican and Democrat senators resolved their final differences with President Biden and reached a long-elusive agreement on a bipartisan infrastructure bill authorizing $550 billion in new spending over 5 years. Later that night, the Senate voted 67 to ...
President Reagan’s Famous Line Aptly Describes Governor Newsom’s Electric Vehicle Subsidies
Paraphrasing President Reagan, “California’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” In this case, Governor Newsom wants electric vehicles to move – both literally and figuratively. ...
Been There, Done That on Costly Subsidies for the Rich
President Biden has proposed $174 billion in federal electric car subsidies, which research shows have been little more than giveaways to wealthy car buyers. California Has “Been There, Done That” California is one of the nation’s leaders in offering taxpayer-funded subsidies to purchase new electric cars. State tax credits ...
The Greener California Becomes, The More Energy Problems It Creates
The phrase “going green” is supposed to evoke images of bright, clear and clean skies; lush vegetation; the efficient and effective use of resources; and cheap, non-polluting energy. Yet it produces more darkness than light. With the arrival of intense summer heat came a reminder from the California Independent System ...
The SEC Risks Misinformation If Standardized And Detailed Climate Risks Disclosures Are Adopted
Based on the well-established materiality standard, public companies must disclose any potential financial risks from global climate change. The SEC is questioning whether these disclosures are inadequate, and is considering additional more detailed and standardized disclosure standards. Imposing such standards would be costly for public companies and will lessen investors ...
Replace gas tax with more efficient, fairer mileage fee
California policymakers have spent years debating how to pay for road and highway repairs. President Biden’s current infrastructure plan brings that debate to the national stage. Like its peers, California relies on a gas tax and registration fees to pay for infrastructure. But policymakers should cut registration fees and replace ...
President Biden’s 50% Emissions Reduction Target Is Political Theater, Not Serious Policy
At the 2021 global climate summit, President Biden committed the U.S. to cut its greenhouse gas emissions in half by 2030. Cutting emissions in half is a great talking point and a satisfying sounding goal. Unfortunately, the 50% – 52% reduction goal is more of a political statement than an achievable policy. ...
