More evidence electric car subsidies are welfare for rich people

“Wealthy consumers who have purchased Teslas and Chevy Bolts primarily to signal their green bona fides for their friends and neighbors, and who have socialized many of the costs of their purchases to those who are less well-off, might wish to take a closer look at the numbers."

By |2018-05-23T22:11:41+00:00May 25th, 2018|Energy|Comments Off on More evidence electric car subsidies are welfare for rich people

Diesel powered electric cars at the UN climate conference

CFACT jumped in a complimentary electric car at the UN climate conference to move between the official negotiating zone and the NGO zone. Our driver told us he hates the electric car,because its limited range makes it next to useless for a professional taxi driver.

By |2017-11-17T07:02:20+00:00November 17th, 2017|Climate, Conferences|Comments Off on Diesel powered electric cars at the UN climate conference

Tesla’s “success,” a great example of how government regulations manipulate markets

Just about the ONLY people in America who like electric cars are government regulators (who likely do not own them) and companies like Tesla, whose only real (sic) profits come from energy credits that add to consumer costs for other vehicles. The bugbear is the ridiculous 54.5 mpg fuel standard created by the Obama Administration with little regard for the pocketbooks of ordinary Americans. It could get worse -- the government may one day disallow the purchase of gasoline-powered vehicles.

By |2015-10-26T14:07:16+00:00October 26th, 2015|CFACT Insights|21 Comments