Researchers have found that some buyers are willing to pay for environmentally friendly products because those products are “status symbols.” A report in the Atlantic states: “Environmentally-friendly behaviors typically go unseen; there’s no public glory in shortened showers or diligent recycling. But when people can use their behavior to broadcast their own goodness, their incentives shift. The people who buy Priuses and solar panels still probably care about the environment—it’s just that researchers have found that a portion of their motivation might come from a place of self-promotion, much like community service does good and fits on a résumé.”
The American consumer is resistant to marketing aimed at selling them electric and hybrid vehicles. For the first quarter of 2015, according to the Wall Street Journal (WSJ), Chevrolet sold 1874 Volts—its electric car introduced in 2010 with “high expectations.” That number might not sound so bad, until you read on to discover that it is equivalent to the number of Silverado pick-up trucks sold in one day.
Earlier this month, Representatives Jared Polis (D Colorado), Ben Ray Luján (D New Mexico), and Ann Kuster (D New Hampshire) introduced the National Renewable Electricity Act of 2013 (RES Act) into the US House of Representatives. If the law is passed, it will raise electricity prices for Americans for questionable environmental gains.
Is wood the best fuel to generate electricity? Despite wood’s low energy density and high cost, utilities in the US and abroad are switching from coal to wood to produce electrical power. The switch to wood is driven by regulations from the US Environmental Protection Agency (EPA) and other international organizations. These regulations are based on the false assumption that burning wood reduces carbon dioxide emissions.
The most recent report (reflecting up until March 31) under the $32 million grant shows that Smith delivered 421 of its vehicles, with $27,343,311 reimbursed to the company with government funds thus far. That calculates to a whopping $64,948 taxpayer subsidy per vehicle.
With nearly a year’s worth of exclusive reporting on Obama’s green-energy crony-corruption scandal, you might think we’ve covered them all—but the hits just keep on coming. This week Fisker is[…]