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."
well since it was my line - thanks!
You are right. 2.87 Trillion.
Not as much as Duotrigintillion.
1 followed by 99 zeros.
What does Joe Biden ride in? Electric cars? No?
What kind(s) of vehicles do each senator and congresscritter own? I’d like them to provide a list. And every federal employee. Where do they charge their vehicles?
See post #62 I was incorrect, Not billion, 2.87 trillion.
In a couple of decades they will be like Edsels.
For us not familiar with the acronym, it’s internal combustion engine cars.
I would guess the answer to that is that you make sure that you have a generator. And that you have your own source of gas (if it's banned, would we be using propane instead? because we would still use propane for the grill)
To all,
California is going electric!
My wife and I were walking down the street, which is occupied by many cars in our area and everywhere. Now that multi-families are living in single-family housing and the average car ratio to a house is about three for normal single-family living. We were imagining all of the electrical vehicle and cords crossing the sidewalks to the street parking and the logistics of navigating them by handicap, older folks, baby strollers the works, now take that to apartment/condensed housing? It became comical just to think of the world we would be living in (:
Invest in copper?
Didn’t i read that some cities are try to ban the use of natural gases?
What about mining our own rare earth elements so we don't have to be dependent on China for ALL ELECTRIC CAR BATTERIES...
In that case, I guess we would just buy ethanol because that's based on corn.
Tax cuts for the rich.
Do you sell them?
“...consumers do not see electric cars as a viable option due to the mile range of batteries as well as long recharging times ... Despite this, Senate Democrats are supporting ... fully electric vehicles...”
We know better than you, and as long as you are controlled and put out while we are not, it’s a good decision...
My numbers were way off.
In the US we drive 3.2 trillion miles a year.
Electric cars use ~.346 kwh/mile.
That’s 1.1 BILLION kW/h
Divide by hours in the year, and that’s 126.4 million kW of 24/7/365 generating capacity needed.
We would need to bring on line a new 1,000 MW power plant every 5.5 weeks, starting today just for the extra electricity to charge the cars.
At $4.50 / lb There will be a lot of cut cord thefts.......................
Electric cars are like that California train to no where.
Costs a lot of money for zero return except for the insiders getting the money.
Sales of electric some 300,000 a year? Not even a drop in the bucket seat compared to millions of sales of gas and diesel cars and trucks.
https://policyadvice.net/insurance/insights/us-auto-sales-statistics/
In terms of US car sales by model, the Ford F-Series represents the best-selling US car with 896,526 units sold during 2019.
In 2019, some 17 million vehicles were sold in the US alone.
Second-hand vehicle sales have increased twofold compared to new cars in the US.
According to Statista, roughly 74 million new cars will be sold in 2020 worldwide.
During 2018, a total of 896,007 personal vehicles were sold in California, which ranks first in terms of US car sales.
#68 and someone cutting those cords.
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