Biden’s electric vehicle taxpayer rip-off

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Recent vehicle emissions regulations issued by the Biden administration have, by its own admission, put into place restrictions designed to force the proportion of electric vehicles to 50% of new sales by 2030. But it won’t work, and in any case, it’s an unworthy goal.

Individuals who want to purchase an electric vehicle should have them available, but at a real price, not one subsidized by the government directly and by manufacturers indirectly. Traditional car companies would go bankrupt instantly if deprived of their profits from gasoline-powered cars and trucks. And with the apparent exception of Tesla, electric vehicles are typically priced at half or less of what they cost to build, and many electric vehicles churned out in China sit collecting rust.

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