Posted on 12/03/2018 12:57:48 PM PST by yesthatjallen
White House economic adviser Larry Kudlow said on Monday the Trump administration will end subsidies for electric cars and renewable energy sources, Reuters reports.
Kudlow said he expected subsidies for electric cars would end by 2020 or 2021, according to the report. The remarks were made in response to a question about what the administration would do about General Motors' plans to layoff 15,000 people and shutter five plants across North America.
The company's plans have sparked outrage in Washington from both parties.
Trump last week floated cutting GM's subsidies for electric vehicles and raising auto tariffs to punish the company if it cuts jobs in the U.S.
Conservatives have pushed back against subsidies and other policies meant to promote renewables over traditional sources. Democrats, though, are calling for a Green New Deal that would transition the country to 100 percent renewable energy for electricity to deal with climate change.
The White House has also pushed back against the United Nation's recent climate assessments which urge dramatic government intervention into the economy to stave off what the U.N. says in an impending environmental disaster.
The U.S. was the only country at the G20 summit over the weekend not to sign onto the 2015 Paris Climate Accords.
Hmmm - I think you’re confusing “Volt” for “Bolt”. The Chevy Bolt is not listed as one of the 6 cars (per your link) being cancelled and the total units of the Chevy BOLT is around 40,000 units....a long way from 200,000.
Chevrolet has significant plans for EV’s and it wouldn’t make sense to discontinue the Bolt at this time.
Then your issue is with politicians who create the subsidies. My impression is that Musk goes after subsidies for competitive reasons. For instance, his companies hire a lot of veterans and they receive subsidies for doing so.
I have yet to see a FReeper get angry at Foxconn for receiving subsidies. They get more than Tesla and they aren’t even an American company.
None of them. All of the signing countries’ emissions rose. The only one whose emissions fell since the signing, is the US, who has withdrawn from the pact.
Time to short Tesla.
Yesterday, driving down from the mountains in Colorado, I passed a Tesla stuck in bumper to bumper traffic as I zoomed by in the espresso toll lane. I thought to myself, “guy spends a zillion dollars on a Tesla but won’t spend $7 for the toll lane. Amazing. “
btw President Trump is not alone - notice who else is refusing to ratify Paris (there are more). more power to President Trump - demolish the scam that is the Paris climate accord:
3 Dec: BBC: Climate change: ‘Trump effect’ threatens Paris pact
By Matt McGrath
The author says that the US withdrawal from Paris has created the “moral and political cover for others to follow suit”, citing the examples of Russia and Turkey – which have both declined to ratify the Paris deal…
On the political front, Russia, Turkey, Australia and Brazil have all cited the example of President Trump to limit their actions on climate change.
Russia and Turkey have said they will not ratify the agreement…
https://www.bbc.com/news/science-environment-46384828?utm_campaign=Carbon%20Brief%20Daily%20Briefing&utm_medium=email&utm_source=Revue%20newsletter
Climate Home: As of 13 July 2018, the countries yet to formally ratify the agreement were Angola, Equatorial Guinea, Eritrea, Guinea-Bissau, Iran, Iraq, Kyrgyzstan, Lebanon, Liberia, Libya, Nicaragua, Oman, Russia, San Marino, South Sudan, Suriname, Syria, Turkey, Uzbekistan, and Yemen.
Finally...This should have never started...one big scheme for politicians and their buddies to steel taxpayer dollars!!!
Amen...biggest scam ever!!!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.