Replies to post #24450 on The Rising Influence of Rising Affluence

[OakesCS]

The Electric Vehicle Welfare State

”Auto mak­ers have been tout­ing their in­creas­ing EV sales and claim elec­tric cars are the “fu­ture.” Great. Then gov­ernment doesn’t need to sub­si­dize them. Steve Jobs never asked the gov­ern­ment to pay peo­ple to buy iPhones or to fi­nance their pro­duc­tion.”

https://www.wsj.com/articles/the-electric-vehicle-welfare-state-joe-biden-auto-makers-gm-volkswagen-stellantis-11628201680?st=xxwyl3i3ltjjldt&reflink=article_copyURL_share

[semi_infinite]

Those are already on trend with US automakers capital spending plans. The only thing that will feel some added push are grid infrastructure and charging stations. What they didn't do is take away big fossil fuel subsidies such as depletion allowance. What depletion???