As suspected, Joe Manchin and Chuck Schumer's proposed bill to spend hundreds of billions on EVs and climate change efforts will benefit large corporate benefactors such a Telsa. News now out says when corporations buy heavy-duty commercial electric vehicles they will be able to receive $40,000 tax credits.
Perhaps this is unwise. It is bothersome to drop that much money in the laps of the rich.
There is also the matter of the price at the charging stations. The price will perhaps be too much unless the government subsidizes that, too. Then there is the matter of whether enough electricity can be generated, period.
We should not be getting the cart ahead of the horse. We first need to create more hydro-electric power plants and come up with more other renewable energy sources capable of meeting demands.
Saving the planet is good, but if you don't have a plan in place that will work, it will all be in vain.
(Index -- Climate change info)
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