EV Subsidies a handout for the rich?

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DeaneG

Well-known member
Joined
May 4, 2010
Messages
1,110
Location
Cupertino, CA
Here is an interesting paragraph at slashdot opening the viewpoint that EV subsidies are a a handout for the rich. Two of the links in the paragraph are worthwhile (as well as the comments): a Slate article containing that actual argument, and the other link pointing to a discussion of current Li battery attributes and estimates of a future cost trajectory:

http://politics.slashdot.org/story/10/08/01/2056228/Electric-Car-Subsidies-As-Handouts-For-the-Rich?art_pos=4

http://www.slate.com/id/2262229/pagenum/all/

http://www.bcg.com/documents/file36615.pdf
 
My comment ...

You are absolutely right. The federal government shouldn't subsidize EVs.

Instead all gasoline / oil subsidies should be withdrawn. After 150 years in the business, oil should not be subsidized any longer. All the "externalities" should be properly accounted for and priced. Afterall you don't beleive in socializing costs and privatizing profits, do you ?

This includes
- "security" costs in the middle east. Let the big oil and saudis pay thoses costs. We will save $500 Billion a year !
- All environmental costs should be priced and excise duties placed on oil to account for that
- All healthcare costs of burning oil should be be priced and excise duties placed on oil to account for that

What do you think the price of oil will be if we do this ? By some estimates, $480 a barrel. How do you think your "making $54,000, live in the suburbs and rural areas, and depend heavily on their cars" people will fare with $10 a gallon gas ? But, I'm sure EVs in this case will not need any subsidies.

I'm looking forward to your unbiased article on the subsidies and externalized costs of oil as well, now that you have bravely talked about EV subsidies.
 
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