The Bright-side of the EV Tax Credits Going Away

[AZFox]

There are petroleum subsidies and there are are petroleum taxes.

A self-licking ice cream cone?

Somewhere in there there's a Transfer of Wealth that involves lobbyists.

Meanwhile Slate sidesteps all of that and stands a good chance of surviving on its own merits.

 

[E90400K]

A dozen sources will give you a dozen datapoints.

If your only objection to my original comment is regarding the oil subsidies, I think we're at a good spot.

The number one objection to EVs for most is the cost (or rather, the availability of a lower-cost alternative). The tax credit got the ball rolling on lowering that. Let's hope the momentum keeps strong- will be best for everyone.

Good enough.

I think the slow take up of EV in the USA is cost and convenience. EV are great if you charge at home and the L2 charger install is at a reasonable (tolerable) cost. But, if one has to rely on the public charging network, it takes significant time out of the day to recover a full battery, and public electricity is $0.45 to $0.55 kWh, which is as expensive as gasoline, so there is no fuel savings.

And gasoline at $3.19/gallon doesn't help.

 

[Doctors Do Little]

Subsidies are analogous to Starter Fluid for an internal combustion engine. Good to get it started, but not a good fuel for running it once it's going.

I'm pretty sure even John Maynard Keynes himself would acknowledge this.

As a college undergraduate economist, JMK was sacrosanct, Sir. Yeah, those were the parts of economics, I liked. Macro and also forecasting bendy curves…

 

[Doctors Do Little]

Here is how I explained the economics of my Lightning vs my F150 5.0L to my brother:

Punch line first: at home I was saving about $21/250 miles with L2 charger and driving locally vs 5.0L. On the interstate, I was SPENDING $19/250 miles more than the 5.0L by using public fast chargers. For a 6,361# brick, EV > ICE all day locally! Tow anything more than 125 miles though? ICE every time.

The Slate is about 50% lighter, so you have to compare with a Maverick…

 

[AZFox]

[No intent to hijack the thread. Just a clarification..]

As a college undergraduate economist, JMK was sacrosanct, Sir. Yeah, those were the parts of economics, I liked. Macro and also forecasting bendy curves…

My point about JMK might have been a little obtuse. Keynes promoted government stimulus specifically during an economic downturn, and is famous for that. He never said the stimulus should be a permanent fixture.

What has become known as "Keynesian Economics" and has been promoted by the likes of John Kenneth Galbraith is more akin to running an economic engine on government-stimulus starter fluid.

The way it relates to this thread is by suggesting that the efficacy of the EV Subsidy may have run its course.

 

[Doctors Do Little]

[No intent to hijack the thread. Just a clarification..]



My point about JMK might have been a little obtuse. Keynes promoted government stimulus specifically during an economic downturn, and is famous for that. He never said the stimulus should be a permanent fixture.

What has become known as "Keynesian Economics" and has been promoted by the likes of John Kenneth Galbraith is more akin to running an economic engine on government-stimulus starter fluid.

The way it relates to this thread is by suggesting that the efficacy of the EV Subsidy may have run its course.

I don’t disagree.