90% of Electric Car Tax Credits Go to Top 20% of Americans – Welcome to California’s Green New Deal | texasinsider


By David Harsanyi

If California, our most populous state, were its own nation, it would rank fifth among economies in the world and have the highest average household income (outside of a handful of “countries” like Monaco or Luxembourg ). And yet the Governor is begging his citizens to stop using their devices, turn off their lights and keep their thermostats at a sweltering 78, lest they suffer more blackouts, like a young Mandarin in a third world country.

Of course, I’m kidding when I say California is already feeling the effects of the Green New Deal. A state that still gets more than 66% of its energy from non-renewable sources still has tens of trillions of dollars to spend before delivering on President Joe Biden’s promise of a 65% cut in emissions by 2030. Flooding an already rickety grid with unreliable renewables offers only a small glimpse into the “transition” to “clean energy”.

Because you can scare climate change all day and drive it to insane levels, but no one escapes the laws of physics or economics. California was forced to extend the life of its last Diablo Canyon nuclear plant and gas-fired power plants to save the state from being plunged into darkness rather than the occasional blackout.

It turns out that most people are only nominal supporters of deindustrialization.

California is following in the footsteps of Germany, which over the past 10 years has shut down most of its nuclear power plants and embarked on a national decarbonization of the economy – energiewende. When reality hit, Germany, and therefore the rest of the EU, was forced to start relying heavily on Russian natural gas as it struggled to transition.

Then Russia attacked Ukraine.

Rather than fall back on its world-class, environmentally friendly and forward-looking nuclear energy program, the Germans must now consider rationing and historically high prices. If they can avoid this fate, it will only be because the industry has turned to coal.

Even before the Ukrainian war, Germany had the world’s highest electricity prices per household. As Robert Bryce points out, although California households only use about half the national average for energy, they also pay one of the highest rates in the country – only Hawaii and Alaska beat them. Continued restrictions on reliable, relatively cheap, and portable energy are not only inconvenient, but they’re also hurting growth and opportunity. Decarbonization is objectively immoral.

One of the problems is that California has the power to export its backward ideas. Although Golden State electric car owners can’t go anywhere these days, the state still plans to ban gas-powered car sales in just 13 years (your used car will be worth a fortune).

But since 15 states, including New York and Pennsylvania, have adopted California’s vehicle emissions standards – a federal waiver under the Clean Air Act allows it to have stricter fuel economy standards that the federal government – the cult of the Luddites in Sacramento now effectively controls the national automobile. industry.

If there was a real big organic demand for electric vehicles, the feds wouldn’t have to continue to massively subsidize – bribe – the industry to make them, and California wouldn’t have to mandate you to buy them. . Less than 1% of cars, SUVs and light trucks on the road in the United States are electric. At present, electric cars are for wealthy people more concerned with signaling expensive virtue than functionality.

A recent study from the University of California, Berkeley, for example, found that 90% of electric car tax credits go to people in the top income quintile.

It is very good. Knock yourself out. But the Democrats are rigging the market to force you to buy a car that has a 200-mile range and uses erratic and expensive energy when you already have increasingly efficient models in your driveway and tens of billions of barrels of offshore fossil fuels readily available here at home – and much more around the world.

We have centuries of stuff waiting in the ground – giving us plenty of time to come up with better ideas. Because, sorry, going from modernity to windmills, choo-choo trains, folding fans and candles is not progress; it is regression.

And California is leading the way.

David Harsanyi is editor of The Federalist, senior editor at The National Review, and author of “Eurotrash: Why America Must Reject the Failed Ideas of a Dying Continent.” Follow him on Twitter at David Harsanyi.


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