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California's Plan to Electrocute the Automobile IndustryReal Clear Markets ^ | 06/20/2011 | Bill Frezza
Posted on 06/20/2011 4:49:48 AM PDT by SeekAndFind
Just when you think the People's State of California couldn't possibly inflict more damage on its own economy, out comes a regulatory proposal so astonishing you have to wonder whether the destruction of an entire industry is its actual intent.
So-called zero emissions vehicles, which could more accurately be labeled coal burning cars given the source of most of our nation's electricity, are part of a troika of green fetishes that have captured the fevered imaginations of central planners. Not content with the incentives provided by a $7,500 federal tax rebate attached to cars like Government Motors' Chevy Volt, California is proposing a rule that would fine auto makers $5,000 per vehicle if at least 5.5% of the new cars they sell in the state are not electric. The new rule, which would start siphoning money from the economy in 2018, would hike the green sales quota to 14% by 2025.
Nevermind that the charging infrastructure to support that many electric cars doesn't exist and can only be conjured up with massive taxpayer subsidies. Nevermind that California's own Clean Vehicle Rebate Project designed to transfer an additional five thousand taxpayer dollars into the pockets of electric car buyers goes broke in July. Nevermind that the only way switching to an electric fleet could reduce carbon emissions would be by ripping out every fossil fuel power plant in the state while covering the countryside with taxpayer subsidized windmills and solar plants - presumably the next stage of some master plan.
Nevermind that the resulting leap in electricity rates would both impoverish consumers and drive away even more businesses, further collapsing state tax revenues.
(Excerpt) Read more at realclearmarkets.com ...
TOPICS: Business/Economy; Culture/Society; Government; US: California
KEYWORDS: automobile; california; efv; electricity; energy; jobless
Mitt Romney Has A Truth Problem:
Romney Truth File
To: SeekAndFind
A better solution - don?t sell cars in California. :P
2 posted on 06/20/2011 4:58:03 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
To: Spktyr
Don?t sell them electricity generated out of state either!
3 posted on 06/20/2011 5:02:23 AM PDT by catman67
To: SeekAndFind
Sounds like California new car prices are about to go up $5K per vehicle...
4 posted on 06/20/2011 5:09:16 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
To: SeekAndFind
As someone that lives in California, I say go for it Democrats. The more of these business killing laws and regulations you pass, the sooner the collapse, and the sooner we can get back on the road to recovery.
I am not sure if we have gone over the cliff yet, if not we are very close. The out of control spending with the out of control environmental laws and the out of control social engineering has just about destroyed what was once the richest state in the union.
5 posted on 06/20/2011 5:15:14 AM PDT by CIB-173RDABN (California does not have a money problem, it has a spending problem.)
To: CIB-173RDABN
The ultimate Green Economy - Subsistence farming!
To: SeekAndFind
?Green jobs? are VERY expensive but they make the Libs feel so good. ?Investing? in ?green jobs? is just more taxpayer money down the rabbit hole but the smug Libs insist on it and they are in charge. There will have to be at least one BIG collapse before the general public understand this. As a former resident of California(19 years) I am so sorry it has come to this. We LOVED living in California but it just got too expensive. California is beautiful with loads of things to do. Most can?t afford the wonderful leisure activities anymore. Hope California can right itself again. Would love to be able to come back.
To: catman67
8 posted on 06/20/2011 5:32:38 AM PDT by thackney (life is fragile, handle with prayer)To: Spktyr
Stop selling cars in California. The market there can?t be that great considering the alternatives, of what they are requiring the automakers to do. All it would take is a year and California politicians and the people would be screaming, and this crap from California would never happen again. Grow some balls GM, Ford and Chrysler!!!
9 posted on 06/20/2011 5:46:26 AM PDT by Roklok
To: Spktyr
Naaaa, go ahead and sell cars, just embargo all electricity generated by ?non-green? sources in other states from crossing the Californian line.
Obviously, no Coal,
No Nuclear,
No Hydro ( kills the snail darter and the endangered elk-toe mussel),
No Windmills ( Kill migrating birds, block the view for Kerry and the Kennedys)
No Solar Power (?In late 2009, Senator Dianne Feinstein (D-CA) tried to block solar power projects in the Mojave Desert because it was critical habitat for a number of species, including the desert tortoise.? http://solar.calfinder.com/blog/news/tortoises-relocated-ivanpah-solar/ )
Maybe they can use the hot air coming from California?s journalists, academics and activists to power Stirling engines to run generators?
10 posted on 06/20/2011 5:46:34 AM PDT by BwanaNdege (For those who have fought for it, Life bears a savor the protected will never know.)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
Skip to comments.
California's Plan to Electrocute the Automobile IndustryReal Clear Markets ^ | 06/20/2011 | Bill Frezza
Posted on 06/20/2011 4:49:48 AM PDT by SeekAndFind
Just when you think the People's State of California couldn't possibly inflict more damage on its own economy, out comes a regulatory proposal so astonishing you have to wonder whether the destruction of an entire industry is its actual intent.
So-called zero emissions vehicles, which could more accurately be labeled coal burning cars given the source of most of our nation's electricity, are part of a troika of green fetishes that have captured the fevered imaginations of central planners. Not content with the incentives provided by a $7,500 federal tax rebate attached to cars like Government Motors' Chevy Volt, California is proposing a rule that would fine auto makers $5,000 per vehicle if at least 5.5% of the new cars they sell in the state are not electric. The new rule, which would start siphoning money from the economy in 2018, would hike the green sales quota to 14% by 2025.
Nevermind that the charging infrastructure to support that many electric cars doesn't exist and can only be conjured up with massive taxpayer subsidies. Nevermind that California's own Clean Vehicle Rebate Project designed to transfer an additional five thousand taxpayer dollars into the pockets of electric car buyers goes broke in July. Nevermind that the only way switching to an electric fleet could reduce carbon emissions would be by ripping out every fossil fuel power plant in the state while covering the countryside with taxpayer subsidized windmills and solar plants - presumably the next stage of some master plan.
Nevermind that the resulting leap in electricity rates would both impoverish consumers and drive away even more businesses, further collapsing state tax revenues.
(Excerpt) Read more at realclearmarkets.com ...
TOPICS: Business/Economy; Culture/Society; Government; US: California
KEYWORDS: automobile; california; efv; electricity; energy; jobless
Mitt Romney Has A Truth Problem:
Romney Truth File
To: SeekAndFind
A better solution - don?t sell cars in California. :P
2 posted on 06/20/2011 4:58:03 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
To: Spktyr
Don?t sell them electricity generated out of state either!
3 posted on 06/20/2011 5:02:23 AM PDT by catman67
To: SeekAndFind
Sounds like California new car prices are about to go up $5K per vehicle...
4 posted on 06/20/2011 5:09:16 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
To: SeekAndFind
As someone that lives in California, I say go for it Democrats. The more of these business killing laws and regulations you pass, the sooner the collapse, and the sooner we can get back on the road to recovery.
I am not sure if we have gone over the cliff yet, if not we are very close. The out of control spending with the out of control environmental laws and the out of control social engineering has just about destroyed what was once the richest state in the union.
5 posted on 06/20/2011 5:15:14 AM PDT by CIB-173RDABN (California does not have a money problem, it has a spending problem.)
To: CIB-173RDABN
The ultimate Green Economy - Subsistence farming!
To: SeekAndFind
?Green jobs? are VERY expensive but they make the Libs feel so good. ?Investing? in ?green jobs? is just more taxpayer money down the rabbit hole but the smug Libs insist on it and they are in charge. There will have to be at least one BIG collapse before the general public understand this. As a former resident of California(19 years) I am so sorry it has come to this. We LOVED living in California but it just got too expensive. California is beautiful with loads of things to do. Most can?t afford the wonderful leisure activities anymore. Hope California can right itself again. Would love to be able to come back.
To: catman67
8 posted on 06/20/2011 5:32:38 AM PDT by thackney (life is fragile, handle with prayer)To: Spktyr
Stop selling cars in California. The market there can?t be that great considering the alternatives, of what they are requiring the automakers to do. All it would take is a year and California politicians and the people would be screaming, and this crap from California would never happen again. Grow some balls GM, Ford and Chrysler!!!
9 posted on 06/20/2011 5:46:26 AM PDT by Roklok
To: Spktyr
Naaaa, go ahead and sell cars, just embargo all electricity generated by ?non-green? sources in other states from crossing the Californian line.
Obviously, no Coal,
No Nuclear,
No Hydro ( kills the snail darter and the endangered elk-toe mussel),
No Windmills ( Kill migrating birds, block the view for Kerry and the Kennedys)
No Solar Power (?In late 2009, Senator Dianne Feinstein (D-CA) tried to block solar power projects in the Mojave Desert because it was critical habitat for a number of species, including the desert tortoise.? http://solar.calfinder.com/blog/news/tortoises-relocated-ivanpah-solar/ )
Maybe they can use the hot air coming from California?s journalists, academics and activists to power Stirling engines to run generators?
10 posted on 06/20/2011 5:46:34 AM PDT by BwanaNdege (For those who have fought for it, Life bears a savor the protected will never know.)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
Source: http://feedproxy.google.com/~r/fr/~3/ItZszwCGVkA/posts
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