Making “Investments” in EVs, by Eric Peters

The car industry is all gung ho on electric vehicles…if they can get the government to subsidize them, because their customers aren’t quite as gung ho. From Eric Peters at theburningplatform.com:

The verbiage is interesting. As the country relies ever more on force to coerce, it resorts to soft language to hide what is going on.

For example, this news story about what the Alliance of Automobile Manufacturers – which is the lobby for the car industry – is up to. The Alliance published an open letter to nine governors of states it wants to emulate California’s policy of coercively – legislatively – force-feeding electric cars down the throats of a largely uninterested and unwilling buying public.

It’s not put that way in the letter, of course. Nor the news articles about it – the journalists who write them having learned to parrot the oleaginous verbiage of coercion, whether consciously or not.

The open letter – and the news stories – talk about “encouraging the governors to follow California’s lead” and the need to “commit resources” and make “investments” in electric cars – because of course the free market isn’t interested in committing its resources or making such investments. So what is actually meant by the verbiage is that the car industry – speaking as one through its lobbying arm – wants to see laws and regulations like those in force in California imposed by force (how else are laws ad regulations imposed?)  in other states.

The reasoning is perfectly understandable.

California is the only electric car “market” – and it is only a “market” because California has artificially created one, via the force and coercion of the California General Assembly and regulatory apparat, including the infamous California Air Resources Board. They have issued various fatwas mandating that electric cars be manufactured and “sold” – even if at a loss. The car companies have thus been forced to commit lots of their resources toward the making of electric cars (or the buying of offsetting “credits” from that electric car carny, Elon Musk) even if they can’t make any money making them.

To continue reading: Making “Investments” in EVs

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.