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In Reply to: I roll my eyes when I heard complaints about EV subsidies posted by Feanor on May 4, 2024 at 11:49:33:
It would appear that the "subsidies" and a reduction in how much tax they would have had to pay without that tax break. The gov isn't giving them money.
The reason such things exist (often) is to encourage more of what ever it is. The concept is encourage things that make the pie bigger that also help the government via more taxes and so some are encouraged.
Since petroleum is not only where our gasoline and diesel come from but also most plastics and man many other things have petroleum in their root formulation often also have some co2 impact.
As a fuel gas and diesel are the most energy dense, low cost, easy to transport source of energy.
The mystery to me is why the big push to EV instead of dropping the variable speed engine that puts large limits on efficiency and weight.
There is some reason beyond the technology that has made this more of a social movent and if adopted large scale one that mostly benefits China economically.
To be clear to the way China subsidizes is different, like when they went after the American Neodymium mfr's, the Chinese gov subsidized the Chinese mfrs as in allowed them to sell at around 1/3 the US cost with the gov covering the loss for close to ten years.
After all the US makers were gone, the price went way up. Now they own the market on that technology. These critical for electric cars, wind generation (high perf loudspeaker too), last i heard there were an average of 20 neo motors in an IC average car.
On the snooze the other day, an investigation showed they are also subsidizing the folks making and supplying the precursor to Mexico that turn into fentinol, currently killing around 70k here per year.
So lets depend on them for our cars, batteries wind generators, solar cells, they obviously have our best interests in mind.
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Follow Ups
- RE: I roll my eyes when I heard complaints about EV subsidies - tomservo 13:54:10 05/04/24 (10)
- Dunno, but a little Chinese competition ought to spark the domestic industry - Feanor 04:45:10 05/05/24 (9)
- RE: Dunno, but a little Chinese competition ought to spark the domestic industry - tomservo 06:38:25 05/05/24 (8)
- we are spending "a huge size percentage of our GNP on government "in peacetime" " - Steve O 07:14:53 05/05/24 (7)
- RE: we are spending "a huge size percentage of our GNP on government "in peacetime" " - tomservo 08:29:26 05/05/24 (2)
- The article and charts - Steve O 10:23:23 05/05/24 (0)
- As a previous Chicagoan... - E-Stat 09:23:58 05/05/24 (0)
- Note that the latter - E-Stat 07:55:03 05/05/24 (3)
- None of that changes the nature, magnitude or "ranking" of the obligations. (nt) - Steve O 09:16:30 05/05/24 (2)
- Sure it does - E-Stat 09:27:10 05/05/24 (1)
- You're missing the point (nt) - Steve O 09:36:15 05/05/24 (0)