Schumer proposes $462B car swap – gas for electric
apnews.com
apnews.com
The problem isn't what kind of car I drive, it's that I need to drive it in the first place.
The problem isn't what a segment of the population is doing it's that everyone needs a car to get around.
We should really just make a concerted effort to retrofit America so a car is not the only, default option.
It still makes sense to target those with an MPG requirement.
We could also eliminate the Federal tax credits for farm vehicles -- actually we should alter the vehicles which qualify for the subsidy. Because current tax law encourages the purchase of vehicles larger than 8000 pounds for primarily personal, non-farm activity.
Almost insane touch that one, though; it hands the story to those who would oppose any reduction of carbon subsidy. I mention it by way of illustrating one of the myriad ways that hardworking, independent Americans depend upon Federal handouts. (Using emotionally provocative language on purpose here. I prefer to avoid such framing, not useful. Here I use it by way of another illustration of warped perspective on carbon economy status quo.)
Unfortunately gas taxes to force the price that high under current circumstances are terribly regressive and politically suicidal in all but the most secure jurisdictions.
However, from all I read starting in another two or three years there is going to be an explosion of demand by consumers to buy EV's. This will be for a number of reasons, including governmental regulations, improving EV's, many more manufacturers selling many more different models, expanding charging networks, and perhaps most important, EV's will start to have sticker-price parity with ICE autos.
Demand will grow much faster than supply. One reason for this is that demand for li-ion batteries for electricity storage will be growing rapidly at the same time. As a consequence demand is going to outstrip supply for many years. It won't catch up until 2030 or later, and only then will it make sense to subsidize car swaps.
So, if global warming and pollution matter, $0.462 Trillion over 10+ years is nothing. Majors shifts are helped /require government intervention.
One unexplored option is to build freeway bus services - build pickup and parking lots near freeway exits and reserve diamond lanes exclusively for commuter buses. Unlike trains this can reuse existing infrastructure and works well with company shuttles and the like.
Not only can't I find anything but an attention grabbing headline about this but even the basic idea and numbers are literally pulled out of nowhere.
And he uses a non exact number to make it appear to be legit and well thought out. $462 Billion not $500 Billion not 1 Trillion I mean absurd on it's face and solely intended to just make the number appear entirely realistic in some way.
Energy policy is necessarily multifaceted. Carbon neutral electricity production and consumer fossil fuel consumption are two different problems, and while related, solving one of them does not negate any effort to solve the other.