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The EV tax credit is dead – here's what happens next

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Re: The EV tax credit is dead – here's what happens next

#5
post #3

We should dispense with this Obama-era “nudge” nonsense and simply ban gas cars.

What people don't realise is that the bans that are discussed as big government overreach are actually for the benefit of large corporations to coordinate.

They each know that without time boxed regulation they'd all try to defect and let the others take the early losses leading to the entire industry collapsing.

It's fixing a prisoners dilemma.

Re: The EV tax credit is dead – here's what happens next

#7
post #6
post #3

We should dispense with this Obama-era “nudge” nonsense and simply ban gas cars.

That would be a disaster unless we build public transit systems that are actually good first.

Keep your eye on the climate change ball. We have a perfectly acceptable drop in replacement for gas cars in the form of EVs. This is not the time for your urbanism fetish or massive social engineering.

Re: The EV tax credit is dead – here's what happens next

#8
post #3

We should dispense with this Obama-era “nudge” nonsense and simply ban gas cars.

This is a terrible idea and I love it!

I like the goal: no more gasoline cars. And if governments can grow a pair and set a realistic end date for them it would work out great. A suggested timeline: no gasoline cars manufactured after 2028, no new sales after 2030, complete road ban after 2037 unless you buy carbon offsets etc.

The roadmap I suggested above is already highly aggressive and will generate massive pushback. Doing it overnight would be disastrous. No politician will do it while Americans remain in love with their gasoline tanks.

Re: The EV tax credit is dead – here's what happens next

#9
post #4
post #3

We should dispense with this Obama-era “nudge” nonsense and simply ban gas cars.

That way only the rich can drive! Put the rest of the cattle of public transit. /s

I'll believe this "ackchually cars are essential for poor people" nonsense when the biggest selling car in America isn't a massive, expensive pickup truck.

It's financially disastrous for poor people to take a loan to buy a depreciating asset that sits parked 95% of the time. And requires monthly expenses for insurance and parking.

Moving to EVs means middle- and upper-middle class people have a decision to make: spend money on switching, or join everyone else in public transit.

Re: The EV tax credit is dead – here's what happens next

#10
post #4

Earlier quoted context omitted.

That way only the rich can drive! Put the rest of the cattle of public transit. /s

I'll believe this "ackchually cars are essential for poor people" nonsense when the biggest selling car in America isn't a massive, expensive pickup truck. It's financially disastrous for poor people to take a loan to buy a depreciating asset that sits parked 95% of the time. And requires monthly expenses for insurance and parking. Moving to EVs means middle- and upper-middle class people have a decision to make: spe…

In America, even most poor people have cars. In the bottom income quantile, 70% of households own a car: https://data.bts.gov/stories/s/Transportation-Cost-Burden-Tr.... In the bottom 20-40%, it’s 88%. And in the lowest income quantile, households spend over $6,000 per year on transportation. It’s not “financially disastrous,” because the alternative is paying much more money in rent and losing the flexibility to pursue job opportunities in different places. Lack of geographic flexibility to pursue housing and jobs is a huge burden on carless people, and traps people in failing communities.[1]

The middle income quantile spends $11,000 per year on transportation. The median US car payment is $749 new and $529 used. The sooner we force middle class people and up move to EVs—which they can afford to do—the sooner we can create a robust market for used EVs for the bottom quantile.

[1] One of the biggest differences I noticed between Baltimore, where I lived, and rural Oregon, where my wife’s family is from, is that people in Baltimore are trapped in dangerous neighborhoods with no job prospects. Their lack of mobility turns them into wards of the state. People in rural Oregon are just as poor, but they can move around looking for housing and work. E.g. someone who loses their job can move in with family in the middle of nowhere and still commute to find part time work or pursue job leads in the towns.

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