Browsing All posts tagged under »Electric Vehicle Subsidies«

Electric Vehicle Subsidies And Other Fantasies

March 4, 2021 by

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By Craig Rucker ~ Electric vehicles (EVs) are the future. Everyone will want one because they’re emission-free, ecologically responsible, and more affordable every year. That’s why GM, Volvo, and other manufacturers will soon be making only EVs. Or so we’re told. Some people have high disposable incomes and do most of their driving locally. For […]

Electric Vehicle Tax Credits Another Form Of Corporate Welfare

December 15, 2018 by

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By Edwin J. Feulner, Ph.D. Founder of The Heritage Foundation ~ If America’s auto manufacturers wrote letters to Santa, it’s not hard to guess what would be high on their lists: retaining the federal tax credit for electric vehicles. For several years now, Uncle Sam (who often acts like Santa’s U.S.-based cousin) has tried to […]

Unplug Electric Vehicle Subsidies And Let Consumers Decide

December 4, 2018 by

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By Nicolas Loris ~ Frustrated with General Motors Co.’s recent announcement of plant closures and layoffs, President Donald Trump said the administration is now looking at cutting at subsidies to the automaker, including for electric vehicles. Good. Families should be empowered to purchase the car they want without nudging from Washington and the financial help […]

Time To Pull The Plug On Electric Vehicle Handouts For The Rich

September 23, 2018 by

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By Nicolas Loris and David Grogan ~ Earlier this year, Congress passed an irresponsible budget bill that included handouts for electric vehicle owners and alternative fuels. Eager to frivolously waste more taxpayer dollars, some legislators are now pushing to extend the electric vehicle tax credit and lift the cap on the number of vehicles that qualify for […]

How ‘Green’ Energy Subsidies Transfer Wealth To The Rich

July 19, 2018 by

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By Nicolas 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 respects, the same holds true for energy subsidies. Federal energy programs promise ambiguous policy goals […]

More Evidence Electric Car Subsidies Are Welfare For Rich People

May 26, 2018 by

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By Jason Hopkins ~ Another report indicates electric vehicle ownership is mostly confined to the country’s highest income earners, further calling into question the validity of government subsidies for EVs. On Tuesday, the Energy Information Administration released its analysis of EV ownership in the U.S., breaking down the percentage by household income. The EIA’s findings […]

Tesla Battery, Subsidy, And Sustainability Fantasies

July 25, 2017 by

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By Paul Driessen ~ The first justification was that internal combustion engines polluted too much. But emissions steadily declined, and today’s cars emit about 3% of what their predecessors did. Then it was oil imports: electric vehicles (EVs) would reduce foreign dependency and balance of trade deficits. Bountiful oil and natural gas supplies from America’s […]