70% of people who buy an EV would buy one without the subsidies. Therefore a $12k per car U.S. subsidy means the government will be paying at least $40,000 for every incremental EV on the road.
cityobservatory.org/electric-vehic…
cityobservatory.org/electric-vehic…
Each EV saves 2-3 tons of CO2/yr. Over a 12-year life, the subsidy will cost > $1,300 per incremental ton of Co2 saved.
Direct carbon capture costs $100 per ton. Forests cost $20 per ton.
The Democratic EV subsidy plan is a massive greenwash giveaway to car companies & unions.
Direct carbon capture costs $100 per ton. Forests cost $20 per ton.
The Democratic EV subsidy plan is a massive greenwash giveaway to car companies & unions.
I am exhausted by this two-party system in which literally the majority of important decisions are made of, by, & for the marginal special interest groups of both parties. The Dems are by far the better party on social issues, but the two-party system itself is erosive to reason.
So many Dem policy priorities end up like Obamacare. "People deserve health care." True. But then the price of getting into law was bribing industry and creating a framework for large regional health care delivery monopolies, which is a slow-motion rolling disaster.
Every fucking thing in the U.S. is about serving the interests of industry. You don't serve industry, you don't get elected/re-elected. Which would be fine were it about industry as a whole, or what is best for the entire economy, but nearly every case is special interest.
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