this is an e-mail out by an anti Global warming group... using reason and the facts
California costing us all
California has led a small group of states in forcing us all to pay for expensive electric cars. They are calling it the "zero emissions vehicles" or "ZEV" mandate.
David Rothbard and I explained in an op-ed now appearing in newspapers including the Deseret News, Detroit News, Reno Gazette (a USA affiliate), Joliet Herald News, and more.
Automakers not meeting their ZEV quota must purchase credits from electric vehicle manufacturers, like Tesla, or pay a $5,000 fine for each credit they are short. Noting the hefty price tag for electric cars, and the obvious limitations of battery range, it’s likely that automakers will be forced to buy an expensive chunk of credits each year in order to meet their increasing ZEV obligations.
That’s when things get interesting, since auto manufacturers already survive on tight margins. Meeting ZEV requirements will mean automakers passing the cost of these credits on to their customers. And that means conventional autos rising in price to help subsidize more costly electric cars.
Realistically, the ZEV mandate means cash-strapped consumers in heartland America will be paying more to buy a conventional car.
Electric vehicles should compete in a free, fair market, without California's and other heavy government thumbs on the scale.
For nature and people too,
Craig Rucker
Executive Director CFACT
Committee for a Constructive Tomorrow
https://cfact.us1.list-manage.com/track/click?u=87b74a936c723115dfa298cf3&id=08c1f2b0be&e=40627a9e00
Guess that is how Tesla is going to pay for their collapsing bond issue to get the Model 3 out (among other things). Looks like their bonds are fastly approaching Junk Bond territory. Somebodies got to pay for it. Might as well be the rest of us non-EV types.
https://www.bloomberg.com/news/articles/2018-04-06/hidden-by-model-3-mess-tesla-s-other-problem-is-about-to-emerge
Seems fair to me. :-\ :-X
I remember all the hype about Tesla Powerwall and when I signed up never heard a thing from them. That is until they announced the version 2 Tesla Powerwall and then they emailed me and said I could pay up a big deposit to get on the list and when it was available would have to pay an installer an additional $1000 to put it in.
Well forget that ! I tell everyone that I will believe Tesla Powerwall when I can buy one on the market and install it myself. Does not seem like that day is coming too soon .
Larry
Looking forward to plugging my Volt into a B-17 sometime this year. :)