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Obama wanted to increase federal subsidies for electric vehicles to almost $590 million, but Congress never gave the green light

U.S. President Barack Obama planned to increase federal subsidies for electric vehicles to almost $590 million, but Congress has not yet approved this hefty agenda.

The $590 million EV boost was presented in Obama's 2011 State of the Union address, where $200 million of that total would be put toward EV infrastructure development in up to 30 cities. The idea reflected bipartisan bills brought to light in 2010.

"With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015," said Obama in the 2011 State of the Union address. "We've begun to reinvent our energy policy. We're not just handing out money. We're issuing a challenge."

Congress still hasn't approved the policy changes for EVs, according to White House Press Secretary Jay Carney.

"There are absolutely things that remain undone that need to be done that he will call on all of us to work together to get done in this address and beyond," said Carney.

Obama is expected to talk today about an "economy fueled by homegrown and alternative energy sources that will be designed and produced by American workers."

Funding and loans for alternative energy have been scrutinized lately. In October 2011, Mitt Romney, a candidate for the 2012 Republican Party presidential nomination, blasted the $1 billion in loans given to Tesla and Fisker Automotive. That wasn't the first time he criticized aid to the auto industry, though. In 2008, he disagreed with former U.S. President George W. Bush's decision to give bailouts to U.S. automakers.

In September 2011, Rep. Mike Kelly (R-PA), a Hyundai and Chevrolet dealer, suggested killing off the $7,500 tax credit for EVs entirely.


"The bottom line is, while our nation borrows 42 cents on every dollar, taxpayers are paying for an electric vehicle tax credit that has cost tens of millions of dollars, and that largely benefits upper-income Americans," said Kelly.

Obama, however, planned to convert the $7,500 federal tax credit for EVs into a rebate that would be given to customers upon purchasing an electric vehicle. He made this announcement in January 2011.

To make matters worse, EVs have been placed under the spotlight due to recent battery troubles associated with General Motors' Chevrolet Volt. The National Highway Traffic Safety Administration conducted a series of tests in May and November last year where three separate Volt batteries sparked or caught fire after side-impact tests.

Electric vehicles are not the only targets for alternative energy-related criticism. Back in September 2011, Silicon Valley-based solar panel company Solyndra went bankrupt after receiving a $535 million loan from the Obama administration in 2009. The move was set to stimulate economic growth through environmentally friendly jobs, but government employees warned back in 2009 that Solyndra would indeed go bankrupt in a matter of two years. The loan pushed through anyway in order to meet political deadlines.

Source: The Detroit News



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RE: Hydrogen??
By OoklaTheMok on 1/24/2012 5:48:55 PM , Rating: 3
quote:
Gas has gone up 85% under Obama...


Where? This is a flat out lie that only serves to support your ideology. My gas prices are the same as they were under Bush.


RE: Hydrogen??
By Reclaimer77 on 1/24/12, Rating: 0
RE: Hydrogen??
By YashBudini on 1/24/2012 7:27:57 PM , Rating: 1
http://en.wikipedia.org/wiki/Washington_Times

Still quoting the Moonie's propaganda machine.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 8:03:22 PM , Rating: 2
Oh speaking of quotes, I left out:

“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe”


-Steven Chu-
Obama's Energy Secretary


RE: Hydrogen??
By YashBudini on 1/24/2012 8:47:46 PM , Rating: 1
RE: Hydrogen??
By Reclaimer77 on 1/24/2012 8:56:09 PM , Rating: 1
RE: Hydrogen??
By YashBudini on 1/24/2012 9:33:33 PM , Rating: 1
You post more opinions about everything everywhere and I'm the troll?

Hell you post on Apple products for the sole purpose bashing them, no other reason.

http://dictionary.reference.com/browse/hypocrite


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 9:36:21 PM , Rating: 2
Having an opinion makes you a troll? Okay. If that's the case at least I'm a good one.


RE: Hydrogen??
By YashBudini on 1/24/2012 9:39:46 PM , Rating: 1
Doing nothing but dissing Apple 100% of the time makes you an Apple troll. Day in day out the anti-Swash. Proof you're an extremist.

You last comment is a prime example of your reading comprehension.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 9:45:03 PM , Rating: 2
The anti-Swash would be someone who's-

Reasonable
Articulate
Sane
Unbiased
Honest
Ethical
Lives on Planet Earth


I mean hell, the list goes on. But I think no higher compliment could have been paid to me. Thank you :)


RE: Hydrogen??
By YashBudini on 1/24/2012 10:01:15 PM , Rating: 2
RE: Hydrogen??
By Nfarce on 1/24/2012 9:04:48 PM , Rating: 2
Yash - no matter what the source, the national average of gas was $1.80/gal when Obama took over in late January 2009. Today, three years later almost exactly, it is $3.30.

My math shows that as a 83% rise in prices on a nationwide average. In Atlanta the rise is even higher at 95%, and in Chicago has even seen a higher spike than that. It depends on where you live actually.

http://66.70.86.64/ChartServer/ch.gaschart?Country...$/G


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 9:16:00 PM , Rating: 2
Yash thinks anyone who criticizes or points out the reality of the utter failure this administration has been, is an "extremist" and it's his duty to troll, muddy the facts, and distort the argument until it turns into a personal slug-fest.

Appreciate the dose of reality Nfarce, but he'll just somehow find a way to criticize your source, you, the numbers, the Earth being round - whatever, he'll find a way to argue beyond all reason and call YOU the crazy one.


RE: Hydrogen??
By Nfarce on 1/24/2012 9:24:49 PM , Rating: 2
You forgot to mention "racist" there RC...don't forget that one.


RE: Hydrogen??
By YashBudini on 1/24/2012 9:36:21 PM , Rating: 2
Do you have any references or citations to back that up or are you also just part of the blowback I'm experiencing from yesterday's colonoscopy?

I never voted for Obama kNownFARCE.


RE: Hydrogen??
By Nfarce on 1/24/2012 9:43:19 PM , Rating: 2
Yash - anyone who says anything negative about Obama or says anything negative against his policies is labeled a racist by those who support him. That is reality. That is the truth. It's an everyday event in with media pundits and with Democrat politicians. Where I am, the gravity naturally goes down, not up, and the sun rises in the mornings facing east, not west. Not sure where you are, bud.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 9:48:43 PM , Rating: 2
quote:
I never voted for Obama kNownFARCE .


Don't you love the way he's made you a "known farce" already after like 3 posts of you pointing out facts, not even really engaging him directly in a hostile matter. But just making posts that don't agree with him = enemy.


RE: Hydrogen??
By YashBudini on 1/24/2012 10:20:13 PM , Rating: 2
quote:
Don't you love the way he's made you a "known farce" already after like 3 posts of you pointing out facts, not even really engaging him directly in a hostile matter. But just making posts that don't agree with him = enemy.

I did that after his self incriminating bigoted comment, same reason you befriended him.

And since you call everyone an idiot all I can remind you of is:
http://dictionary.reference.com/browse/hypocrite


RE: Hydrogen??
By YashBudini on 1/24/2012 9:49:44 PM , Rating: 2
I don't know if you're practicing willful blindness or premeditated ignorance. I never voted for Obama and never will. I don't participate in the 2 party dictatorship. So even if what you said was true of them I have no part in it.

Your quarter should arrive soon. Wait for it.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 10:15:55 PM , Rating: 1
Nobody said you voted for him. Who cares? Doesn't change the fact that you viciously attack anyone who points out anything negative about his presidency. Or even outright facts (like this discussion).

And if you don't participate in our political system, why don't you just shut the fuck up when those of us who DO express concern about how our country is being ran? If stupid assholes like you would get off your apathetic trip and get involved, maybe you would actually GET the government you bitch about not having. Food for thought.


RE: Hydrogen??
By YashBudini on 1/24/2012 10:27:09 PM , Rating: 2
quote:
Nobody said you voted for him.

He implied it, or doesn't your reading comprehension absorbed such info?

quote:
Doesn't change the fact that you viciously attack anyone who points out anything negative about his presidency.

I have referred to Bambam as Bush 3 here and elsewhere, what more is there to say? I have yet to say anything positive about the guy. You seem to think that when in reality it's your own fault you routinely build your logic on a foundation of Swiss cheese. I just enjoy aiming for the holes, there's so many of them.

quote:
And if you don't participate in our political system, why don't you just shut the fuck up

I can't tell if that's your lack of reading comprehension, your narrow mindedness, or both. I said I don't play the fool on the 2 party bandwagon, I never said I didn't participate. If your reading comprehension continues to devolve you could end up work on Faux. Food for thought.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 10:33:25 PM , Rating: 2
No. He didn't. He said Obama supporters pull the race card. In no way, shape, or form did he allude that you voted for him. NOTHING was implied.

Anyway I'm done with your stupid ass for tonight. Give mommy a kiss for me when she tucks you in.


RE: Hydrogen??
By YashBudini on 1/24/2012 10:44:50 PM , Rating: 2
And he said it while you were replying to me.

Was reading comprehension even offered while you were in school?


RE: Hydrogen??
By Nfarce on 1/24/2012 9:23:47 PM , Rating: 2
Wow that chart got jacked up in the carry-over. Oh well, you can play with the numbers starting here and plug in different cities and year ranges...

http://atlantagasprices.com/retail_price_chart.asp...


RE: Hydrogen??
By YashBudini on 1/24/2012 9:28:45 PM , Rating: 2
You can set this chart to a max of 6 years and get an idea of how the stats were manipulated.


RE: Hydrogen??
By Nfarce on 1/24/2012 9:37:25 PM , Rating: 2
Ah, so now the "stats" were manipulated, eh Yash? So Gasbuddy.com is lying now? RC was right. You really are a waste of time.


RE: Hydrogen??
By YashBudini on 1/24/2012 9:41:57 PM , Rating: 2
Out in left field with "farce" facts again.

I never addressed the legitimacy of GasBuddy. Check your PayPal account I'm sending you a quarter so you can buy a clue.


RE: Hydrogen??
By Nfarce on 1/24/2012 9:46:58 PM , Rating: 2
My gas in January 2009: $1.83 for 87 octane.

My gas in January 2012: $3.42 for 87 octane.

My rise in percentage: 85%.

Deal with it.


RE: Hydrogen??
By YashBudini on 1/24/2012 9:56:05 PM , Rating: 3
My gas prices July 2007 - $4.12 for 87 octane.

My gas prices January 2012 - $3.70 for 87 octane.

Price drop 10%.

Just as valid as your stats.

Deal with it. Did the quarter arrive?


RE: Hydrogen??
By Nfarce on 1/24/2012 10:02:52 PM , Rating: 2
What city? Post it so I can look it up. You have to be the only city I know of that has seen gas go DOWN. Did you food prices and energy prices go down unlike everyone else in the nation too?

Anywaay, you claimed the 85% rise in gas under Obama was a lie (the average of course), I proved you wrong.

And you don't need me to tell you what you can do with that quarter...


RE: Hydrogen??
By YashBudini on 1/24/2012 10:16:26 PM , Rating: 2
Set your chart to the national average 6 years then just look at the peak and the last entry.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 10:06:20 PM , Rating: 2
Bush didn't leave office in 2007 last time I checked.

Obama ran his campaign on, among other failed promises, lowering the price of gas. I can't imagine how the price of gas is going to get lower when you block drilling, block pipeline projects, and cause massive debt and inflation. Also hiring an energy secretary who thinks we need European gas prices doesn't help. Oh and that little issue of Obama himself proposing a MASSIVE gas tax increase of $.15 a gallon by 2013. Hello?

You can play around all day with the numbers like the child you are, but you're missing the entire point of the discussion. Why don't you fire up that dictionary site again and look up the word "context".


RE: Hydrogen??
By YashBudini on 1/24/2012 10:29:20 PM , Rating: 2
quote:
I can't imagine how the price of gas is going to get lower when you block drilling, block pipeline projects

Yeah and no mention of BP and their oil spill.

Corporate ass kiss like Obama much?


RE: Hydrogen??
By YashBudini on 1/24/2012 10:35:35 PM , Rating: 2
I don't deal with your context (propaganda) which is why I pushed for a total average over the entire time in office. Anybody can pick out 2 dates and make their target look bad.

So why haven't you looked at the whole package? What are you afraid of? You started it when you said average, remember? Or was that a Faux claim?

PS I never considered you the enemy, rather you are simply someone who gave up the addiction to street available pharmaceuticals for the addiction of standing in a group so you can shout loser and pretend to have some viability. Overall pretty sad.


RE: Hydrogen??
By chiechien on 1/26/2012 6:27:15 AM , Rating: 2
I haven't logged in here in years, but this prompted me to. Do you know why gas was $1.80/gal when Obama took office? The entire economy had collapsed six months earlier. Manufacturing and thus legitimate demand for oil, and oil speculation all collapsed at the same time. Recession = lower gas prices.

That extreme drop was an *over* correction, though, and prices rebounded to an extent pretty quickly. Oil-producing companies/countries also cut their production then, to drive the prices back up to where they could make the most profit. The economy has also continued to slowly improve since then, bringing demand, and thus prices, back up.

If you'll think back, you might remember that gas was hanging out in the $3-$4 range before the economy collapsed.


RE: Hydrogen??
By YashBudini on 1/24/2012 7:30:13 PM , Rating: 2
News from June 2008.

http://money.cnn.com/2008/06/08/news/economy/gas_p...

Unless people think that was made up.


RE: Hydrogen??
By YashBudini on 1/24/2012 7:32:15 PM , Rating: 2
http://www.usatoday.com/money/industries/energy/20...

Another real life number, 5/13/2008. Add 85% to that and ask yourself is that what you're paying today?


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 8:13:52 PM , Rating: 2
Apparently Yash doesn't understand what the word "average" means.

But hey since my first source wasn't good enough, I suppose the Wall Street Journal would be acceptable? You know how FAR right they are...

http://online.wsj.com/article/SB100014240527487033...

Yash you don't seem to realize that the price of oil is tied to the value of the dollar. As Obama drives the worth of the dollar lower and lower through quantitative easing and massive debt, the price of oil (and most all other goods) goes up.


RE: Hydrogen??
By YashBudini on 1/24/2012 9:25:51 PM , Rating: 2
But as your stats imply gas would have to be $2/gallon to go up 85% and now cost $3.70/gallon. When was the last time you paid $2/gallon for gas?

Your 2nd citation is owned by Rupert Murdoch who expects payment to read the entire article, and provides no numbers one way or the other.

In a more open form of propaganda we see this:
http://cnsnews.com/news/article/under-obama-price-...

quote:
When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the BLS. (The figures are in nominal dollars: not adjusted for inflation.) Five months later in June, unleaded gasoline was $2.26 per gallon, an increase of 26 percent. By December 2011, the price of regular unleaded gas per gallon was $3.28, an 83 percent increase from January 2009


Interesting how it says the first number $1.79 is an average while not making the same claim on the latter number of 2.26, only saying 5 months later. Are they both averages or is one an average and the other is a faux average? By $3.28 the "average" business is all but history. Guess it wasn't convenient anymore?

But then look at the graph on
http://capitolcommentary.com/2010/04/10/gas-prices...
Which shows a 72 month average retail price chart showing as a much broader sense of what's going on.

But overall I'm still waiting for any source to back your claim, that the average under Bush Was $2/gallon, which with an 85% increase adds up to $3.70/gallon.

Could it be this?
http://www.davemanuel.com/charts2/gas_prices_1949-...

from

http://www.davemanuel.com/2010/12/30/historical-ga...

With his annual printed figures Bush's average is $2.36/gallon. Are now paying $4.37/gallon? A simply yes or no.

According to this chart
http://capitolcommentary.com/2010/04/10/gas-prices...

Gas under Obama stayed below $3/gallon up until February 2010. You figure out what Obama's overage average is, then report back.

Really, Moonies can't even get married without permission, you expect them to do math on without permission as well?

You now if I did math like your sources I could factually state gas is down 25 cents from it's $4.12 high during the Bush administration. But I have no use for faux news.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 9:34:11 PM , Rating: 2
So we're going to play the game of arguing over "how much" it's gone up under Obama instead of talking about why it HAS in regards to his so called "energy policy"? Umm no, sorry, not playing that game with you.

You even called it a "deflection" when I quoted the expressed mission statement of Obama's energy secretary to give us Euro gas rates? Come on man! You'll stop at nothing to fight the truth, get a new hobby.


RE: Hydrogen??
By YashBudini on 1/24/2012 9:46:27 PM , Rating: 2
I stated with 100% completeness what gas cost under Bush, you didn't even come close. I'm asking you to do the same for Bambam and let us know what his average is.

Are you going to go with the complete picture of your claim or are you going to continue to play dumb? It's up to you.

The quote was non-sequitir, still is. If I looked up Ken Lay quotes I'd bury that in material.


RE: Hydrogen??
By Reclaimer77 on 1/24/2012 10:29:04 PM , Rating: 2
quote:
I stated with 100% completeness what gas cost under Bush,


LOL!!!! I'm dying over here. You cherry picked the two months where gas was highest and approximate that to being what "gas cost" under Bush's 8 years. And that's being open and honest?

When Clinton took office on January 20, 1993, the national average gas price was $1.06 per gallon. six and a half years later, the national average gas price had jumped to $1.22, roughly 15% higher. Compounded annually, this represents about a 2% jump each year.

George W Bush took office in 2001 where the price of gas was $1.52 a gallon. When he left in 2009 it was $1.84. Over Bush's entire term of office, gas increased at a compounded annual rate of approximately 2.85% per year.

Now why don't you plug in Obama's numbers and see where that takes you. Talk about someone who's playing dumb.


RE: Hydrogen??
By YashBudini on 1/24/2012 10:38:46 PM , Rating: 2
No, not there, but in here
1/24/2012 9:25:51 PM
Try following the thread, yeah that's a tough one.


"If a man really wants to make a million dollars, the best way would be to start his own religion." -- Scientology founder L. Ron. Hubbard














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