batteries

More subsidies from exhausted California taxpayers cannot compensate for hard realities

Greens and technically challenged scribes apparently believe that battery-powered cars and planes are exciting new clean “zero-emissions” vehicles.

Alt-energy/transport-tech CEO Elon Musk and his trio of companies (Tesla, SolarCity and SpaceX) didn’t cooperate with the Los Angeles Times on its article that tabulated his businesses’ whopping sum of corporate welfare ($4.9 billion), and he was predictably miffed by the (accurate) portrayal.

Everyone who owns a car, truck, tractor, quad bike, bobcat, forklift or other mobile machine is hoping that the fortune being wasted on green energy may produce just one real benefit – better batteries. We want batteries that are cheap, light weight, charge quickly with no losses, last forever and store a large quantity of energy. Nothing close is on the market yet.

That mindset is what got us billions of dollars in subsidies for EVs in the first place. So it’s not beyond the realm of expectation to let people who try to use electricity in public garages and facilities to skate on paying for it. Hey, it’s just a few cents!

Stimulus déjà vu-lishness lurks: Another “green” tech company that received hundreds of millions of taxpayer dollars is financially troubled, seeks a buyer (or their preferred term – a “partner”), and China is ready…