Quote:
Originally Posted by cossie1600
Now you are moving from the Department of Energy loan program to the tax incentives where Nevada gave Tesla. You do know the difference between a tax incentive to build a plant vs. a loan right? Didn't Scott Walker give Foxconn $3m in incentives to build in Wisconsin too? I guess you are right, the plan is failing horribly, the gigafactory factory is just a mirage. The people in Sparks Nevada are giving away their home due to the failure. https://www.rgj.com/story/news/2018/...is/1619609002/
Maybe it is time for a Bombardier type bailout, can we get JT to help out?
The tax incentives were implemented to help speed up the adoption of zero emission vehicle (you can say less emission or whatever you want to call it).
You might not like it, but you pay for it sooner or later through the damages caused by the change in storm intensity. I worked as an actuary, storm intensity due to climate change was part of the rate adjustment we factored in.
You can say you are being taxed unfairly, but I can argue the same because I have to pay for gas/oil subsidy unwillingly either. How do we settle the score on that? |
I think I am quite clear about the difference between a loan and a grant. I never mentioned loans. "Government handouts and incentives" was the term I used, and the Nevada deal was a doozie. Your knee-jerk response is just wanting to defend the indefensible. And you can have JT and his tom-foolery if you want him, 'cuz we don't. ;-)
The tax incentives were there as a government gift to manufacturers of EV's, who didn't therefore have to produce a competitive product. It was far easier to lobby politicians and charm them into thinking it would look "green" on their CV, than to do the work to get the cost of the car and the technology down. Or to convince consumers to pay the extra cost and "take one for the team" as it were.
I'm not against electrics. But I think that Fuel Cell will be the way of the future and for governments to force the market's hand like this is not appropriate.