LeftieBiker wrote:This segmentation and isolation of the EV market is just what the Right Wing wants, but it will do no good whatsoever for the rest of us. I'm likely to have to choose between two cars I don't especially want (Bolt and 30kwh Leaf), in the next month, and I'm pretty damned pissed off about it, but I'm still one of the luckier ones because I can lease a new EV before the tax credit dies.
What I remember very clearly is that between 2001 and 2002 (because we were doing that then) was that the federal adoption tax increased from $5,000 to $10,000 and (unexpectedly
) every adoption agency fee doubled on Jan 1 of 2002. Be it a view from the Right or Left, Government subsidies have a way of increasing the costs of things (FYI: as I've noted before on MNL.com, I am in the higher-ed industry and I have seen, both as faculty member and as a parent of a student in college, how "low-cost" government subsidized student loans have made college tuition soar well beyond the rate of inflation). I was never a fan of the $7500 tax credit, but I used it because it was there and it made the LEAF (especially one in another state that never sold) a very affordable option for me. But I certainly earn enough money that people who make far less than me should NOT be subsidizing my new car purchases (but that is exactly what happened and I'm honest enough with myself to know and own that). Even if you lease the car, then Nissan takes the subsidy, and they are still getting a higher price for the car than they would otherwise (i.e., its then a subsidy for a rich corporation). I don't doubt that there was some "good" that came out of the tax credit program, but I think (or at least I hope) that if the subsidies go away, electric vehicle prices will come down enough to keep them competitive with other vehicles.
I firmly believe that (at least in certain markets) an electric car is a better option for many people than a gas burring car (excluding places with possibly cold and extremely hot climates). So I believe the faster we can get real market forces in play (including the elimination of equally stupid subsidies on oil and ethanol) people will choose electric cars because they are actual better and cheaper to operate/maintain, the fast we can make real progress on reducing our reliance on fossil fuels (a point I hope we can agree on).