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Nickel prices have skyrocketed with Russia’s invasion of Ukraine due to fears that Russian supplies may be cut off. The disruption is causing supply problems for carmakers and others that need the metal. Nickel prices surged in the middle of March after which trading was temporarily suspended for several days and new restrictions were applied […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss this week’s headlines and the arrival of an unexpected ally in the fight against Biden’s Build Back Beter. Links Props to Bob Costas Hispanic Voters Now Evenly Split Between Parties, WSJ Poll Finds Biden Nominee Withdraws Name to Lead OCC Banking Watchdog […]
Democratic Party presidential candidate Joe Biden’s $2 trillion energy plan includes Senate Minority Leader Chuck Schumer’s Clean Cars for America proposal. To enable the proposal, Biden will provide consumers rebates to swap old, less-efficient vehicles for newer American vehicles along with targeted incentives for manufacturers to build or retool factories to assemble zero-emission vehicles, parts, […]
For at least a year now we have heard complaints from GM and Tesla about the need to extend the electric vehicle (EV) tax credit, with just these two companies upset that their gravy train is coming to an end. These companies insist that it is crucial that the EV tax credit be expanded and extended, […]
At the College of Marin, located a few miles north of San Francisco, it would be foolish to take a class in finance. Tesla is receiving $5.3 million in state and utility incentives to install a battery array on campus to save at most $150,000 a year. The Marin Independent Journal explains: Tesla will get […]
I bet you did not know that Commissioner Binz is the hand-picked successor of the current FERC chairman, who himself is hostile to coal, natural gas, and anything, really, that works. Complete Colorado (8/7/13) reports: “As Ron Binz campaigns to be confirmed as the head of the Federal Energy Regulatory Commission, much of the emphasis has […]
Tesla Motors repayed a $465 million dollar loan from the federal government yesterday, nine years ahead of schedule. While being touted as a major success for the future of renewable energy and Zero Emissions Vehicles in particular, the truth behind Tesla’s façade of success is worrisome. The company’s first profitable quarter demonstrates the difficulty of […]
Here’s the thing. Even if Congress passed us a law that gave us cash to become tall and good-looking, we would still remain balding, overfed, leaping gnomes. So it is with physics. The federal government can’t just incentivize things into existence. The Atlantic (5/26/13) reports: “Electric car infrastructure company Better Place’s move to file bankruptcy today marks […]
Did Tesla pay back their loan, or did other people. Wanna guess? WSJ(5/23/13) reports: “Tesla’s biggest windfall has been the cash payments it extracts from rival car makers (and their customers), via its sale of zero-emission credits. A number of states including California require that traditional car makers reach certain production quotas of zero-emission vehicles—or to […]
If you support construction of Keystone XL, you are racist (on top of all the other names you’ve already been called). Politico (5/10/13) reports: “As business leaders, philanthropists and supporters of your 2008 and 2012 campaigns, we write to urge you to reject the Keystone XL tar sands pipeline and to do everything in your power to […]
