Groups Want End to Subsidy of Electric Cars That Only Benefit the Rich

By Michael Barnes – Re-Blogged From Liberty Headlines

A coalition of 30 free market policy groups has delivered a clear message to Congress: Don’t expand the $7,500 federal tax credit for purchasers of electric vehicles, the vast majority of which are extremely wealthy.

On its face, the electric vehicle subsidy is “misguided as a whole,” coalition signatories said in a Wednesday letter to Rep. Kevin Brady, chairman of the powerful House Ways and Means Committee.

‘Americans can make their own decisions about how to spend their money and what cars they want to drive…’

30 Free Market Groups Urge Congress Not to Expand Electric Vehicle Subsidies 1

IMAGE: mmurphy (CC) via Pixabay

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Phony “Climate Summit”

By Larry Hamlin – Re-Blogged From WUWT

Gov. Brown’s “Global Climate Action Summit” held in San Francisco during the week of September 10, 2018 should really have been labeled the “Global Climate Hype Summit”.

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Weekly Climate and Energy News Roundup #324

Brought to You by www.SEPP.org The Science and Environmental Policy Project

By Ken Haapala, President

Group Think-Bureaucratic Science: Last week’s TWTW discussed Judith Curry’s review of a rather remarkable paper by retired MIT professor Carl Wunsch, who participated in 1979 report “Carbon Dioxide and Climate: A Scientific Assessment,” headed by Jule Charney. The findings in Charney Report have become the core reasoning for the UN Intergovernmental Panel on Climate Change (IPCC), the US Global Change Research Program (USGCRP), and many US government actions, including the EPA’s illogical finding that carbon dioxide endangers human health and welfare.

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How China Is Muscling In on Lithium-Ion Batteries

Re-Blogged From Stratfor

Highlights

  • In spite of potential global pushback against Beijing’s investments, Chinese companies will acquire control of a majority of the lithium-ion battery market, giving the country a significant advantage in a sector of growing geopolitical importance.
  • The United States will exploit economies of scale and focus on finding domestic sources of materials as it attempts to carve out a market share amid China’s growing dominance.
  • Japan and Korea will have the most success penetrating markets in which there is significant pushback against Chinese investment, such as in North America, Australia and parts of Europe.
  • Europe will likely fall behind because its battery manufacturing capacity does not have the ability to meet its demand.
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What If India And China Used Natural Gas And Oil Like The U.S.?

By David Middleton, petroleum geologist – Re-Blogged From WUWT

From Forbes

JUN 17, 2018

What If India And China Used Natural Gas And Oil Like The U.S.?

Jude Clemente , CONTRIBUTOR

BP’s just releasedStatistical Review of World Energy 2018 has got my wheels turning. The first thing you should know is that global energy consumption has essentially just begun: around 85% of the global population – 6 in every 7 humans – still lives in developing nations. They don’t live in rich cities, like San Francisco, Toronto, New York City, Los Angeles, London, or Tokyo; they live in poorer ones, like Mumbai, Lagos, Jakarta, Guangzhou, Calcutta, and Karachi. This is where the future energy action is man: at least 90% of future demand will be in nations that are currently not developed. We rich, “all the energy that we want at our fingertips” Westerners still aren’t grasping a sad and cold reality: most of the world is poor and energy deprived.

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Freeze, Reduce or Eliminate CAFÉ Fuel Standards

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

Too many small, lightweight cars cause too many deaths and injuries to justify tighter mpg rule

A 2002 National Academy of Sciences study estimated that automotive mileage standards had helped cause as many as 2,600 extra fatalities in 1993 – at a relatively lenient standard of 27.5 miles per gallon. Other studies reached similar conclusions. And yet, in 2012, the Obama Administration began ratcheting the standards upward, with the goal of hitting 54.5 mpg by 2025.

Fund Managers Predict the Decline of Oil, But We’ve Heard This Before

By Steve Goreham – Re-Blogged From Washington Examiner

The sun begins to rise behind a pump jack and oil storage tanks near Williston, N.D.
The sun begins to rise behind a pump jack and oil storage tanks near Williston, N.D.
(AP Photo/Eric Gay)