As one place after another makes moves to ban gasoline-powered vehicles in the next few decades—Norway, the Netherlands, the UK, India, China, California, Paris—it gets harder and harder to deny that the future is electric.
The White House is said to support it, the U.S. Chamber of Commerce definitely supports it, but making gas even more expensive doesn’t make much sense, an analyst said.
Daniel Clifton, Strategas’ head of policy research, said the increase in gasoline prices would also be nine times larger than the estimated $4 billion workers are receiving from employers due to the corporate tax cut.
In a 12-year span, an oil and gas worker died once every three months on average in Colorado, victims of a system focused more on protecting the industry than its employees.
Maine has become the latest in a growing string of states to propose adding registration fees for hybrid and electric cars to make up for tax revenue on the gasoline they don’t use, or use less of.
As people become more environmentally conscious, major motor manufacturers are making big changes.
After swearing off Teslas for years, Clarkson gave in and decided to review the Model X for his new show The Grand Tour, but this time he decided to play it safe. Extra, extra safe.
A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited.
” … The people who are going to be speaking in favor of this bill are all going to be paid by the industry …”
The United Arab Emirates, a model Persian Gulf petro-state where endless billions from crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil.
