Electric Vehicles
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 ...
California
While California Put on ‘Road Diet,’ Drivers Still Stuck in Traffic Gridlock
Quick, name the place where drivers suffer through maybe the worst traffic on Earth while policymakers are committed to making it altogether intolerable. Yes, of course it’s California. Earlier this year, Inrix, a transportation analytics firm, ranked Los Angeles as the city with the worst traffic in the world, as ...
Business & Economics
Killing the gasoline-powered car in California? That’s what one legislator wants by 2040
A clean energy advocate in the California Legislature wants internal combustion vehicles to sputter out of existence on the state’s roads and highways. “The cars that we drive today are based on technology that’s 100 years old,” said Assembly member Phil Ting, D-San Francisco. “It’s almost like we’re doing addition ...
Blog
An entitlement for… moi?
If you think this is going to be one of those hard-hitting policy pieces that you get from the likes of Anaya and Jackson, or one of those brainy blogs from Winegarden. It’s not. It’s all about me, and my yearning for that fabulous, subsidized Tesla. I’m in the market ...
California
Proposed California Gas Car Ban Is A Farce Worthy of The Onion
When a New York Times reporter called the Pacific Research Institute asking for a reaction to a story reporting that Gov. Jerry Brown is entertaining the idea of outlawing the sale of cars with internal combustion engines, the initial response was that it just can’t be true — not even ...
Blog
Sacramento Tries to Dictate Our Choices Again with Proposed Gas Car Ban
Last week, within the space of three days, we learned that Gov. Jerry Brown is considering phasing out fossil-fuel powered automobiles in about 10 years, then we found out that Assemblyman Phil Ting, a San Francisco Democrat, is planning to introduce legislation that would outlaw the sale of new cars ...
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 ...
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 ...
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 ...
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 ...
While California Put on ‘Road Diet,’ Drivers Still Stuck in Traffic Gridlock
Quick, name the place where drivers suffer through maybe the worst traffic on Earth while policymakers are committed to making it altogether intolerable. Yes, of course it’s California. Earlier this year, Inrix, a transportation analytics firm, ranked Los Angeles as the city with the worst traffic in the world, as ...
Killing the gasoline-powered car in California? That’s what one legislator wants by 2040
A clean energy advocate in the California Legislature wants internal combustion vehicles to sputter out of existence on the state’s roads and highways. “The cars that we drive today are based on technology that’s 100 years old,” said Assembly member Phil Ting, D-San Francisco. “It’s almost like we’re doing addition ...
An entitlement for… moi?
If you think this is going to be one of those hard-hitting policy pieces that you get from the likes of Anaya and Jackson, or one of those brainy blogs from Winegarden. It’s not. It’s all about me, and my yearning for that fabulous, subsidized Tesla. I’m in the market ...
Proposed California Gas Car Ban Is A Farce Worthy of The Onion
When a New York Times reporter called the Pacific Research Institute asking for a reaction to a story reporting that Gov. Jerry Brown is entertaining the idea of outlawing the sale of cars with internal combustion engines, the initial response was that it just can’t be true — not even ...
Sacramento Tries to Dictate Our Choices Again with Proposed Gas Car Ban
Last week, within the space of three days, we learned that Gov. Jerry Brown is considering phasing out fossil-fuel powered automobiles in about 10 years, then we found out that Assemblyman Phil Ting, a San Francisco Democrat, is planning to introduce legislation that would outlaw the sale of new cars ...
