Posted on 06/10/2021 6:03:28 AM PDT by Red Badger
Colorado Democratic Sen. Michael Bennet applauded President Joe Biden's proposal to spend nearly $200 billion to prop up the electric vehicle market as part of his $2.25 trillion American Jobs Plan.
"I view this as our best opportunity in decades to make the long-term investments we have put off for years," Bennet said on a conference call hosted by Climate Power on Wednesday. "The American Jobs Plan puts out $40 billion in our natural infrastructure to restore our forests, protect our watersheds — some of that is based on my Outdoor Restoration Partnership Act that I wrote as a result of the fires we've seen.
"Hundreds of billions of dollars in the proposal to expand clean energy infrastructure and the importance of including clean energy standards would dramatically reduce carbon emissions from electricity. And nearly $200 billion in investments for the deployment of electric vehicles, I could go on."
Currently, the federal tax rebate for consumers who purchase fully electric cars is $7,500. The rebate could increase to $10,000 under the Biden proposal, which hasn't been formally drafted into legislation yet.
"It will give consumers point of sale rebates and tax incentives to buy American-made EVs, while ensuring that these vehicles are affordable for all families and manufactured by workers with good jobs," reads the White House fact sheet about Biden's plan. "It will establish grant and incentive programs for state and local governments and the private sector to build a national network of 500,000 EV chargers by 2030, while promoting strong labor, training, and installation standards."
New Mexico Democratic Sen. Martin Heinrich said Biden's plan is needed to help bring electric vehicle chargers to "every corner" of the U.S.
"This is our chance to build charging infrastructure in every corner of our nation for the rapidly growing fleet of electric vehicles," Heinrich said, "and it's our best opportunity to stand up for a 21st century Civilian Climate Corps that empowers a whole new generation of Americans to restore our landscapes and open up new opportunities on our public lands including to sequester more carbon."
Companies like General Motors and Volkswagen have abandoned manufacturing vehicles with hybrid engines to focus on fully electric plug-in vehicles instead.
In 2020, 296,000 EVs were sold in the U.S. compared to 331,000 the year prior.
Toyota Motors President Akio Toyoda has warned that car manufacturers moving to fully electric vehicles could make automobiles unaffordable for the average person. A January 2021 survey shows that some consumers do not see electric cars as a viable option due to the mile range of batteries as well as long recharging times compared to filling internal combustion engines with gasoline or diesel fuel.
Despite this, Senate Democrats are supporting Biden's proposed $200 billion plan that includes replacing diesel vehicles with fully electric vehicles for the federal government, public schools and the U.S. Postal Service.
His proposal would "replace 50,000 diesel transit vehicles and electrify at least 20 percent of our yellow school bus fleet through a new Clean Buses for Kids Program at the Environmental Protection Agency, with support from the Department of Energy."
Ping!.......................
Tesla stock will be up today.
What about updating the electric grid to charge all of these electric cars?
What about building about 50 new nuclear reactors to power the grid?
2 out of 3 ain’t bad.....................
You could end US production of gas/diesel cars tomorrow, with the idiots thinking people would just naturally go out to buy the electric cars. It won’t happen. Used cars would suddenly have value and double in price within weeks. The car sales industry would stand there in shock as general interest is marginal.
You could even hand every single American $50,000 in cash if they’d buy a battery-car....it won’t reset the mentality about the acceptance.
If I cannot drive 900 miles in ONE DAY it is worthless..............
The bitch at GM sold her soul to the failing UAW
The EV industry can only exist with incentives and coercion. BTW the whole concept is an enviormental disaster.
What incentives are proposed to build MORE POWER GENERATING PLANTS?????
Grid is already overloaded with more more demand & less supply.
Hone our ICE skills and get a decoder? We recently drove from Reno to Elko NV and back. We weren’t specifically looking for any charging stations but did notice there weren’t any when we did stop. Maybe pedo joe will provide access to charging stations in the same manner as the rural internet access. You know since black folks can’t seem to figure out how to get a signal. Or hire and attorney or bookeeper or.........
So...how many new electric power plants are they going to build to power this miraculous transformation?
“What about building about 50 new nuclear reactors to power the grid?”
I think the game is scarcity and price.
To get people out of individual means of transportation and to use much less electric on an individual basis is part of their Great Reset nonsense.
Control Soviet style.
They want their Tesla stock to be the next amazon stock. It’s disgusting.
oh good, more handouts for elon musk - the biggest welfare queen of them all.
Those would have worked great in Texas back during the snowstorm. February. Are people supposed to plug in their cars and hope the power comes back on?
since we’re throwing $7500 at people to buy one now, and with all the hoopla they have managed to sell 300,000 a year. Sounds like they’ve filled that niche.
Yes, there is a base of people, who live where it’s advantageous to have one — such as commuting and being able to use HOV lanes in heavy traffic or living in a major city where range is not an issue, and for those people it’s been a real boon... and we’re paying for it!
But even with all of that, most people aren’t interested. There’s no compelling reason unless our ‘leaders’ shove it down our throats by legislative action.
The only benefit I see to electric vehicles is smugness.
Soon, there will be EOV lanes and EOV ONLY Roads!..............😣
Mostly the rich own these crap cars - so this amounts to Federal government subsiding the relatively wealthy at the expense of everyone else.
Tesla stock 1.55% up
Such a great idea, the govt has to create a market for it
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