California Senate Scraps $3 Billion Electric-Vehicle Subsidy Bill -- The Washington Free Beacon -- September 6, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title California Senate Scraps $3 Billion Electric-Vehicle Subsidy Bill -- The Washington Free Beacon -- September 6, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : California Senate Scraps $3 Billion Electric-Vehicle Subsidy Bill -- The Washington Free Beacon -- September 6, 2017
link : California Senate Scraps $3 Billion Electric-Vehicle Subsidy Bill -- The Washington Free Beacon -- September 6, 2017

California Senate Scraps $3 Billion Electric-Vehicle Subsidy Bill -- The Washington Free Beacon -- September 6, 2017

Back on August 26, 2017, I posted the following:

From The Los Angeles Times:

Over seven years, the state of California has spent $449 million on consumer rebates to boost sales of zero-emission vehicles.

So far, the subsidies haven’t moved the needle much. In 2016, of the just over 2 million cars sold in the state, only 75,000 were pure-electric and plug-in hybrid cars. To date, out of 26 million cars and light trucks registered in California, just 315,000 are electric or plug-in hybrids.

The California Legislature is pushing forward a bill that would double down on the rebate program. Sextuple down, in fact.

If $449 million can’t do it, the thinking goes, maybe $3 billion will.

That’s the essence of the plan that could lift state rebates from $2,500 to $10,000 or more for a compact electric car, making, for example, a Chevrolet Bolt EV electric car cost the same as a gasoline-driven Honda Civic.

Outside observers and analysts raise eyebrows at the $3-billion budget line. Supporters say the money will come mainly from the state’s cap-and-trade auction revenue, although they are vague on details. 

I say "go for it." The Danes learned the hard way that rebates on EVs were a really, really dumb idea.

$3 billion / $10,000 = 300,000 vehicles. About where they are now.

Apparently, California lawmakers have voted AGAINST this. The story is not getting widespread attention. The link is here.

The late Friday move came after criticism that the bill was short on details and failed to demonstrate exactly where the money would come from to pay for it.

The state Finance Department had opposed a previous version of the bill because it appropriated billions of dollars "without identifying a funding source."

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