Tags: Financial Markets | car | energy | gasoline

Fuel Power Conversion to Electric Only Burdens Taxpayers

Image: Fuel Power Conversion to Electric Only Burdens Taxpayers
Electric cars from Nissan, Tesla, and Toyota in Los Angeles, Calif., in 2013. Calkfornia tweaked its electric car incentive program in October, 2016. At the time, rebates were to be nixed were those whose annual income exceeded $150,000, for single tax filers. (Nick Ut/AP)

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Monday, 17 Jul 2017 02:02 PM Current | Bio | Archive

The "progressive" state of California, being in deep financial crisis and in defiance of President Trump’s withdrawal from the Paris Climate Accord, debated to allow two billion dollars, as subsidies, to electric car buyers.

They’re doing this, after realizing that people discovered it is much more expensive to drive an electric car than a gasoline powered one.

Readers may recall, as reported in a previous blog of mine, that in a fuel or cost comparison it was found that when a gasoline powered car could travel a distance of 30 miles, an electric car managed only 22 miles — a cost increase of 36 percent.

In order to remedy this discrepancy, the state legislators in California had a brilliant idea. Reduce the cost of electric cars by giving each buyer a subsidy while, at the same time, increasing the taxes on a gallon of gasoline.

Voila! Now the scales are even. To drive a gasoline powered car is finally as expensive as driving an electric one, never mind the extra energy being wasted by converting fuel into electric power, or the extra burden on the taxpayer.

Hans Baumann is a licensed engineer in four states and a member of Sigma Xi, the Scientific Research Society. He is an adviser to the dean of the University of New Hampshire Business School. Dr. Baumann has published manuals on valves and was a contributor to many works including the "Instrument Engineers' Handbook" and the "Control Valves Handbook." He has also published several books on business management and German history, including "Hitler's Escape," which suggests that Adolf Hitler did not commit suicide and survived World War II. In his latest book, "Atomic Irony" he proves that the Hirshoma Atom Bomb contained captured German Uranium. For more of his reports, Go Here Now.

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HansBaumann
Voila! Now the scales are even. To drive a gasoline powered car is finally as expensive as driving an electric one, never mind the extra energy being wasted by converting fuel into electric power, or the extra burden on the taxpayer.
car, energy, gasoline
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2017-02-17
Monday, 17 Jul 2017 02:02 PM
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