quote: We're borrowing money at negative real interest rates. This is a no-brainer investment, especially for the smaller tax credits of Energi plugins.
quote: That's fossil fuels that also could just as easily be exported
quote: In Indy's case, it's a 1100MW or so coal plant, directly adjacent to downtown
quote: And then there's the range and utility issues with these cars.
quote: If this ever became a big market segment, we could just as easily end up importing batteries and whatnot too, particularly sense we're becoming increasingly averse to mining.
quote: Because the Federal Reserve is buying the majority of our newly issued debt.
quote: a dollar consumed by government is a dollar that can't be consumed by the private sector
quote: No it couldn't, because EVs are charged at night when production is below capacity due to lack of demand (i.e. nowhere to export).
quote: I don't know why Indy does that, but it's not common,
quote: Not for PHEVs like the Volt. I admit that pure EVs have a limited market, but let them sell as much as they want.
quote: The rare earth argument, which you seem to be alluding to, is overblown. Tesla and Nissan don't even use any for their EVs.
quote: No they're not. They bought under $1T of gov't debt since 2007
quote: A dollar consumed by the gov't is at most a few pennies that can't be consumed by the private sector.
quote: And then you equate the 150M to ALL the supposed benefits, as if thats the only cost.