Read A Green Car Named Desire in the Wall Street Journal for the full context…here’s what fuels the fires of those who are tired of So Cal and Bay Area liberal BS:
•California has a goal to cut its greenhouse emissions to 80% below 1990 levels, effectively all new cars sold in California by 2040 will have to be electric or plug-in hybrids
•Governor Jerry Brown has ordered that 1.5 million zero-emission vehicles “be on California roads” by 2025
•Car companies compelled by law to increase fleets can’t sell the cars so California lets the manufacturer comply by buying credits. Palo Alto-based electric car maker Tesla has made a $119.5 million killing (300% of its net income) this year from hawking its excess credits.
•Combined government incentives can reduce the price of a Nissan electric Leaf to about $18,000.
•According to state survey data, the typical rebate recipient earns over $150,000 and owns at least one other non-electric car. About 80% hail from the Bay Area, Los Angeles and Orange County. The most popular car among rebate recipients this year has been Tesla’s Model S sports sedan, which runs between about $70,000 and $100,000.
•California last year also awarded Tesla a $10 million grant to develop its Model X SUV and $756,000 in funds for “workforce training.”
• The demand for rebates among the well-to-do is surging, which has created a funding squeeze. In March, the state had to create a waiting list. While the legislature appropriated an additional $15 million for rebates in June, the program is already running on empty and needs at least $30 million more to meet demand in the coming year.
•To keep the party going, Democrats might next tap the state’s cap-and-trade revenues, which they probably would have done this year if Mr. Brown hadn’t raided them to plug a $500 million budget hole.
So we in California are paying “the rich” with our tax dollars to buy the electric cars that push the green agenda…that’s so typical of these weavers of deception, Tom foolery and lies.
I wonder if it has occurred to them that they still have to create electricity for the plug-ins…and it sure as heck ain’t going to come from wind or solar.