31–40 of 161 posts
And if they scrap oil subsidies too, the market can figure it all out. But looks like most direct and indirect O&G subsidies will remain.
O&G companies are able to write off the cost of doing business just like other businesses. They are not "subsidies". https://www.forbes.com/sites/drillinginfo/2016/02/22/debunki...
How about CO2 taxes on fossil fuels then?
If we just eliminated subsidies in the oil & gas world, I can promise you the economy will move towards renewable extremely fast. Make it a phase out of two - four years..., it would boost sales of EV's and our entire transportation network much more quick than EV tax credits would, AND, it would be a fair market for once! It would spur innovation, create many jobs, we would lead the world once again in regards towar…
Not being reliant on it would have a massive effect on the Middle East. Whatever stability they have now would go. That aspect would need a lot of care, and the West’s track record is not good.
I mean it's kind of the point of tax reform. You eliminate deductions that only wealthier people benefit from and lower the rate over all. You'll see a lot of deductions go away that are good on their own but in aggregate with all the other deductions give us such a massively complex system.
> You eliminate deductions that only wealthier people benefit The Nissan Leaf and Chevy Volt aren't particularly upper class cars. Neither is the Model 3.
Just because something is priced in a range that would be affordable to most professionals, liberals or conservatives, does not mean it isn't associated with the elite.
This toilet paper is made of gold... but do you think its the "elites" that are buying it?
http://wsimain.wallstreetinsani.netdna-cdn.com/wp-content/up...
I know 4 people who purchased used Nissan Leaf's for under 10,000 with the tax credit in California. They all make over 6 figures. My conservative neighbor makes less than $60,000 per year, and has a truck that costs that much.
Curious if this would impact the yet-to-be-produced Tesla Model 3s or if it would only discourage future automakers from manufacturing EVs?
Some of the Model 3s, it is per manufacturer and begins to phase out after 200,000 vehicles. https://www.cnbc.com/2017/07/28/tesla-is-running-out-of-fede... So people at the front of the line would be eligible for the full amount. The ongoing drop in battery costs is likely a bigger factor than the rebate though.
If we just eliminated subsidies in the oil & gas world, I can promise you the economy will move towards renewable extremely fast. Make it a phase out of two - four years..., it would boost sales of EV's and our entire transportation network much more quick than EV tax credits would, AND, it would be a fair market for once! It would spur innovation, create many jobs, we would lead the world once again in regards towar…
> Critics say electric vehicle buyers tend to be wealthier than average Americans and do nod need subsidies.
I love how this gets buried at the bottom after an avalanche of criticism. A free $7500 for the rich and an additional $7500 in revenue for manufacturers. Say what you want about the American political system, it is a master class in manipulation.
"But the environment!"
Assuming someone who buys a $100,000 car is unwilling to spending $107,500 for the same vehicle. Yes the environment would suffer, that is also assuming electric cars (in their current state) are less impactful than fossil fuel vehicles (which isn't the case). In fact, used internal combustion cars should be given a subsidy if you care about the environment.
"But the poor can't afford these cars without it!"
The poor can't afford it with it. How many bolts do you see driving around? I've lived in Asheville NC, Nashville TN, and Portland OR. I've seen 3 bolts total and hundreds of $100k Teslas driving around.
If you're poor, you probably live in an apartment without an electric car charging station. You probably can't afford a new car so you buy used which is exclusively internal combustion. So how does this tax credit affect you at all?
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I'm intensely fascinated by conversations and how they are framed to manipulate opinion. Depending on your political slant, you could have easily framed this as "tax breaks for the wealthy" or "an attack on green energy" or "supporting domestic manufacturers" or "hurting domestic manufacturers".
It's all bullshit and I can't stand it anymore...
If we just eliminated subsidies in the oil & gas world, I can promise you the economy will move towards renewable extremely fast. Make it a phase out of two - four years..., it would boost sales of EV's and our entire transportation network much more quick than EV tax credits would, AND, it would be a fair market for once! It would spur innovation, create many jobs, we would lead the world once again in regards towar…
What's the biggest specific subsidy of oil or gas right now that you know about?
The lack of a carbon cap. And also the fact that large ships and buildings are allowed to burn oil sludge without particulate filters.
If we just eliminated subsidies in the oil & gas world, I can promise you the economy will move towards renewable extremely fast. Make it a phase out of two - four years..., it would boost sales of EV's and our entire transportation network much more quick than EV tax credits would, AND, it would be a fair market for once! It would spur innovation, create many jobs, we would lead the world once again in regards towar…
Not being reliant on it would have a massive effect on the Middle East. Whatever stability they have now would go. That aspect would need a lot of care, and the West’s track record is not good.
If we just eliminated subsidies in the oil & gas world, I can promise you the economy will move towards renewable extremely fast. Make it a phase out of two - four years..., it would boost sales of EV's and our entire transportation network much more quick than EV tax credits would, AND, it would be a fair market for once! It would spur innovation, create many jobs, we would lead the world once again in regards towar…
Not being reliant on it would have a massive effect on the Middle East. Whatever stability they have now would go. That aspect would need a lot of care, and the West’s track record is not good.
