Elec¬≠tric Dri¬≠ve Trans¬≠porta¬≠tion Asso¬≠ci¬≠a¬≠tion was not hap¬≠py with Con¬≠gres¬≠sion¬≠al Bud¬≠get Office‚Äôs report last week that fed¬≠er¬≠al tax incen¬≠tives for con¬≠sumers buy¬≠ing elec¬≠tric vehi¬≠cles are a wast¬≠ed effort. The made sure to high¬≠light the idea that ‚Äútax incen¬≠tives can help move elec¬≠tric dri¬≠ve into the main¬≠stream and reduce gaso¬≠line use and emis¬≠sions.‚ÄĚ
CBO report¬≠ed that the fed¬≠er¬≠al gov¬≠ern¬≠ment will be spend¬≠ing about $7.5 bil¬≠lion on poli¬≠cies to pro¬≠mote EV sales, and about a quar¬≠ter of that will go direct¬≠ly to vehi¬≠cle-pur¬≠chase tax cred¬≠its, with the rest of it going to bat¬≠tery mak¬≠ers and to unpaid por¬≠tions of the $25 bil¬≠lion in loans to man¬≠u¬≠fac¬≠tur¬≠ers of advanced vehi¬≠cles. The gov¬≠ern¬≠ment offers up to $7,500 to con¬≠sumers buy¬≠ing a plug-in, such as the Nis¬≠san Leaf, Chevy Volt, or Toy¬≠ota Prius Plug-In. As the pres¬≠i¬≠den¬≠tial elec¬≠tion approach¬≠es, this top¬≠ic is a good one for edi¬≠to¬≠ri¬≠als sup¬≠port¬≠ing (such as a Carnegie Endow¬≠ment pub¬≠lished paper) and slam¬≠ming the fed¬≠er¬≠al gov¬≠ern¬≠ment (such as an arti¬≠cle in Forbes).