Sunday, September 30, 2012

Whack-a-Doodle environmentalist policies harm America

CBO: Electric vehicles a loser that allow for more pollution h/t Instapundit

  • Late last week, the CBO analyzed the outcomes of the green-tech subsidy programs aimed at promoting EVs like the Volt, and concluded that they’re not exactly successful. 
  • the outcome is the same as Cash for Clunkers and the gimmicky homebuyer tax credits in the first two years of the Obama administration. They aren’t driving demand; they are subsidizing purchases that would have taken place anyway.
  • But at least the sales reduce pollution. Or do they? [ comment: rhetorical question, they don't]
  • core economic problems with EVs and even hybrids:
  1.  Sustained value [ comment :  NONE, no trade in value because of expensive batteries]
  2. Energy [ comment: not any cleaner, and is actually dirtier]
  3. Environment [ comment: makes a point about rare earths, but rare earths aren't rare in USA.  The mining of them is BEING BLOCKED]
  • These are among the reasons that Toyota has all but abandoned plans to push an EV for wide distribution
Some of these issues may be mitigated with better ideas.  But I wouldn't hold my breath waiting for this administration to come up with any.


No comments: