Davin News Server

On 2024-12-28 08:26, pothead wrote:
> On 2024-12-28, AlleyCat <katt@gmail.com> wrote:
>>
>> Biden's Electric Car Fiasco Is Already Causing An Economic "Bloodbath"
>>
>> Donald Trump's anodyne if overexcited comment that the U.S. auto industry would face a "bloodbath" if he's not elected and doesn't impose 50% or 100%
>> tariffs on cars produced predictable results.
>>
>> "Don't outsmart yourself," Sen. Brian Schatz (D-Hawaii) posted, and Joe Biden's campaign promptly charged Trump with promising a "bloodbath" if he
>> loses, without saying that he used a common metaphor and was talking about the auto industry.
>>
>> That's a subject Team Biden is understandably touchy about, given the conspicuous fiasco of its electric vehicle policies.
>>
>> It's summed up in a lengthy Wall Street Journal report on how a "dramatic societal shift to electric cars" had "overlooked an important constituency:
>> the consumer."
>>
>> The evidence is plentiful. Manufacturers have been cutting prices as dealers' lots fill up with unsold electrics.
>>
>> Ford is halving its output of electric F-150 trucks in its Dearborn, Michigan, plant. General Motors dealers are pressing the company to reverse its
>> strategy, cut EV production, and build hybrids instead. Tesla CEO Elon Musk warned of "notably lower" EV production.
>>
>> Expectations elsewhere went unmet. Hertz sold off 20,000 rental EVs at a loss of $245 million and fired its CEO, a Goldman Sachs alumnus.
>>
>> EV startup Fisker, which defaulted on $192 million in Obama administration loans, is reportedly preparing for bankruptcy. Apple is shutting down its
>> multibillion-dollar electric car division.
>>
>> "Plans for an EV-led industrial revolution are in full-scale retreat" in Britain, France, and Germany, the London-based Telegraph reported. "It looks
>> like all those 'well-paid green jobs' are going to take a little longer to arrive than anyone anticipated."
>>
>> Liberals justify the $7,500 consumer subsidies for EVs as a way to reduce carbon emissions. But, of course, reductions depend on where the
>> electricity, and the rare earths and metals in batteries, come from.
>>
>> Meanwhile, the environmental pitch may have boosted sales among Democrats, but it also has resulted in low sales to Republicans.
>>
>> These attitudes correlate with geography. EVs may be practical to zip about in the mild weather of the Pacific Coast and over the short distances of
>> the Northeast - Biden territory in 2020.
>>
>> But EV batteries run out of charge over long distances, when it's freezing outside, or when you've got your air conditioning on - all common
>> experiences in the South, Midwest, and Rocky Mountain states, which Trump carried in 2016 and 2020.
>>
>> It's not hard to see, although government projections seem to have missed it, that many people would be reluctant to pay more for a vehicle likely to
>> stop functioning totally in common use, and much more expensive to repair.
>>
>> And irksome to charge. In the 1920s, the private sector built vast networks of gas stations capable of refueling a vehicle in five or 10 minutes.
>>
>> In the 2020s, the government has taken on the task of building electric charging stations, with predictable results. After more than two years, the
>> $5 billion 2021 charging station program has produced exactly eight charging stations.
>>
>> In the marketplace, it's clear the demand for electric vehicles is much smaller than that predicted by environmental enthusiasts and imposed on
>> carmakers by the Biden administration.
>>
>> Toyota's hybrid gasoline-and-electric vehicles, while less fashionable in certain quarters than battery-powered EVs, are rated as more reliable and
>> just as green, and they are outselling the all-electrics.
>>
>> As the late economist Herbert Stein said, "If something cannot go on forever, it will stop." Projections for EV sales have fallen woefully short
>> month after month.
>>
>> The Environmental Protection Agency (EPA) projects EV sales will rise from 7.6% in 2023 to 67% in 2032, but the EPA's tailpipe regulations, the tool
>> used to raise EV sales, are not on track to do so.
>>
>> At least not without drastically cutting total auto production. Environmental nonprofit organizations may not mind that, but the United Auto Workers,
>> which represents workers at Detroit's Big Three but not at Tesla or foreign-based companies, does and has demanded the administration change policy.
>>
>> Which it has, sort of. The EPA is now announcing it won't enforce EV sales requirements until 2030. But it still says it's requiring two-thirds by
>> 2032.
>>
>> https://climatechangedispatch.com/after-billions-in-subsides-reality-is-sinking-in-that-evs-may-be-the-new-edsels/
>> https://climatechangedispatch.com/americans-arent-sold-on-evs-yet-biden-wants-to-force-carmakers-to-sell-them/
>> https://climatechangedispatch.com/apple-executives-pull-the-plug-on-the-companys-electric-vehicle-project/
>> https://climatechangedispatch.com/as-ev-sales-collapse-california-to-spend-1-9b-more-on-charging-stations/
>> https://climatechangedispatch.com/biden-eases-ev-mandate-but-still-cracking-down-on-gas-cars/
>> https://climatechangedispatch.com/bidens-new-eco-rules-will-force-half-of-new-car-sales-to-be-electric-by-2030/
>> https://climatechangedispatch.com/big-three-automakers-cry-out-for-ev-mercy/
>> https://climatechangedispatch.com/car-pileup-electric-vehicles-sitting-unsold-on-dealer-lots/
>> https://climatechangedispatch.com/chinese-auto-exec-warns-bloodbath-coming-for-american-auto-industry/
>> https://climatechangedispatch.com/despite-automaker-warnings-biden-epa-finalizing-gas-car-crackdown-to-galvanize-ev-sales/
>> https://climatechangedispatch.com/ev-startups-running-out-of-juice-as-demand-lags-production-stalls/
>> https://climatechangedispatch.com/even-blue-states-leery-bidens-ev-charging-station-scheme/
>> https://climatechangedispatch.com/financially-strapped-usps-spending-billions-on-evs-as-it-stonewalls-foia-requests/
>> https://climatechangedispatch.com/hertz-axes-20000-evs-for-gas-cars-over-low-demand-higher-costs/
>> https://climatechangedispatch.com/house-gop-demand-answers-on-bidens-stalled-out-taxpayer-funded-ev-charger-program/
>> https://climatechangedispatch.com/long-term-driving-of-your-gas-car-has-lower-lifetime-co2-emissions-than-evs/
>> https://climatechangedispatch.com/new-report-biden-epa-is-massively-overestimating-real-world-range-of-evs/
>> https://climatechangedispatch.com/the-ev-industry-had-a-no-good-terrible-very-bad-week/
>> https://climatechangedispatch.com/wipe-us-out-striking-uaw-workers-rip-bidens-push-to-foist-evs-on-americans/
> 
> I don't have a problem with EVs but rather with mandates attacking fossil fuels and ICE cars forcing
> people at some point into EVs. Like CA is doing for example.
> I also am against government rebates for buying an EV.
> 
> Let the market decide is my philosophy.
> Why are the libbys so opposed to that simple concept?
> 
> 

'Country trends in fossil-fuel subsidies

Examine fossil-fuel subsidies by country in USD. Visualise trends by 
fuel type and filter by beneficiaries and support mechanism for more 
detailed insights.'

<https://fossilfuelsubsidytracker.org/country/>

Check out the numbers for the US.

There's more than $5 billion for petroleum alone.

Now: how much does the US spend on EV subsidies?