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OT: NJ to offer $5k Electric Vehicle Tax Credit & Zero Sales Tax

I had a Miata when I lived in SoCal many years ago. Loved that car! It was fun to drive. Then I relocated to Chicago where that car became a 5 month a year vehicle. Not a good drive in bad weather. I was forced to move on to a Saab convertible ....

Forced to move on to a Saab convertible. Cute.
 
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NJ’s electric supply is approximately 40% nuclear, 55% natural gas, 3% solar/wind and <2% coal.
...like I said - NJ will need more coal and natural gas. They certainly aren't going to build any nuclear plants. That would make too much sense.

Wouldn't it make sense to make more natural gas powered vehicles and cut out the middle man?
 
...like I said - NJ will need more coal and natural gas. They certainly aren't going to build any nuclear plants. That would make too much sense.

Wouldn't it make sense to make more natural gas powered vehicles and cut out the middle man?

Because the infrastructure for electrical distribution is in place and CNG passenger vehicles aren’t available? And an EV fleet can be transitioned to renewables as costs drop below NG.

And you skipped over NJs stated generation growth plan; solar and offshore wind coupled with battery storage. Coal is dead. Much more likely NJ will add nuclear plants than new coal plants.
 
Because the infrastructure for electrical distribution is in place and CNG passenger vehicles aren’t available? And an EV fleet can be transitioned to renewables as costs drop below NG.

And you skipped over NJs stated generation growth plan; solar and offshore wind coupled with battery storage. Coal is dead. Much more likely NJ will add nuclear plants than new coal plants.

Fox News doesn’t care, it’s too hippie and coastal and uncomfortable, so they’ll all just lazily spout false oil company talking points given to them by their media masters, and the people actually doing and making stuff will drag their lazy asses into the 21st century kicking and screaming anyway. This tech is an incredible opportunity, but some people have no vision whatsoever. Their insecurity is boundless.
 
...like I said - NJ will need more coal and natural gas. They certainly aren't going to build any nuclear plants. That would make too much sense.

Wouldn't it make sense to make more natural gas powered vehicles and cut out the middle man?
Don’t worry- once we unplug all the useless gas stations from the grid we’ll need significantly less energy
 
Coal is dead.
Thermal coal is in terminal decline. Metallurgical coal, used in steel making, will be around for awhile.

Natural gas is the reason coal is in decline. Coal isn’t being replaced because of environmental concerns or regulations. It’s being replaced because a cheaper fossil fuel is displacing it. Nat gas had made it possible to build renewable plants because it provides a lower cost backup when wind and solar aren’t producing. https://www.google.com/amp/s/www.wa...e-a-secret-friend-natural-gas/?outputType=amp

Ironically, this is why Germany hasn’t realized green house gas reduction despite adding more renewable than most countries. Germany doesn’t have low cost nat gas. Their low cost backup is lignite, which is the dirtiest form of coal.

The only real, industrial scale alternative to fossil fuels is nuclear. Any plan to decarbonize the economy without using nuclear is laughable and naive. Wind and solar are intermittent and geographically uneven. Hydro is a great renewable, but the appetite for it is low. Plus, environmental regs make it difficult to build new dams. Hydro also has the benefit of being the only proven large-scale energy storage (pumped hydro).
 
Because the infrastructure for electrical distribution is in place and CNG passenger vehicles aren’t available? And an EV fleet can be transitioned to renewables as costs drop below NG.

And you skipped over NJs stated generation growth plan; solar and offshore wind coupled with battery storage. Coal is dead. Much more likely NJ will add nuclear plants than new coal plants.

A few years ago you could buy a Honda Civic that ran on natural gas, its' range was about 250 miles with virtually no ability to travel longer distances because there was no infrastructure outside of cities. It was about $8k more expensive, and it had less HP and less torque..... a wonderful recipe to generate consumer demand.
 
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A few years ago you could buy a Honda Civic that ran on natural gas, its' range was about 250 miles with virtually no ability to travel longer distances because there was no infrastructure outside of cities. It was about $8k more expensive, and it had less HP and less torque..... a wonderful recipe to generate consumer demand.
Sadly, there is a story as to why there are so few nat gas stations.

Chesapeake signed a deal with a huge truck stop company to build them across the interstate system. But CEO and founder Aubrey McClendon was such a crook that he committed suicide before being indicted by the SEC, Ches will be filing for bankruptcy this year, and the truck stop company was hit with massive fines and lawsuits for ripping off its customers with it loyalty and credit cards. Both were ht so bad that the buildout never happened.
 
You have kids? Ever get a tax credit for them?
Yep. And people without kids pay as much in property taxes as I do.

We had two kids. But we certainly didn't have the second one because of the tax credits. So I don't really consider that as my behavior being manipulated.

My pet peeve is government picking winners and losers. When it's economically advantageous to drive an electric vehicle, people will switch because it will be in their best interest to do so. Government should stay out of it. Period.

What really gets me is government being financially dependent on our vices. Sin taxes create an unhealthy relationship between man and government.
 
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But there is a big misconception about the need for public charging stations - many ICE owners believe that the number of public EV charging stations needs to approach the current number of gas stations for EVs to be similarly convenient to fuel. In reality, >90% of charging is done at home.

But to get a large market penetration EVs need to have the ability to take long trips. People buying Teslas use them as commuters because it is too difficult to take long trips. If you use the AC or heater the range drops considerably.....and just about everyone uses those.

Plus the recharge times are too long, even at the fast charge units. No one wants to stop for an hr or so every three or four hrs.
 
But to get a large market penetration EVs need to have the ability to take long trips. People buying Teslas use them as commuters because it is too difficult to take long trips. If you use the AC or heater the range drops considerably.....and just about everyone uses those.

Plus the recharge times are too long, even at the fast charge units. No one wants to stop for an hr or so every three or four hrs.
Spin Meister, I am curious where you’ve gotten your information. As an owner of both a Tesla Model 3 and an Outback, I can say without a doubt that I prefer to road trip in the Tesla. Every Tesla owner I know feels the same and I don’t know anyone who has needed to supercharge for an hour - it’s typically 15-25 minutes.
 
Spin Meister, I am curious where you’ve gotten your information. As an owner of both a Tesla Model 3 and an Outback, I can say without a doubt that I prefer to road trip in the Tesla. Every Tesla owner I know feels the same and I don’t know anyone who has needed to supercharge for an hour - it’s typically 15-25 minutes.
This begs the question, though, as to why the state government of NJ should be subsidizing them ?
 
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Spin Meister, I am curious where you’ve gotten your information. As an owner of both a Tesla Model 3 and an Outback, I can say without a doubt that I prefer to road trip in the Tesla. Every Tesla owner I know feels the same and I don’t know anyone who has needed to supercharge for an hour - it’s typically 15-25 minutes.
He made it up
 
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Yep. And people without kids pay as much in property taxes as I do.

We had two kids. But we certainly didn't have the second one because of the tax credits. So I don't really consider that as my behavior being manipulated.

My pet peeve is government picking winners and losers. When it's economically advantageous to drive an electric vehicle, people will switch because it will be in their best interest to do so. Government should stay out of it. Period.

What really gets me is government being financially dependent on our vices. Sin taxes create an unhealthy relationship between man and government.
If you have kids you have no right to complain about the government creating loopholes for lifestyle decisions.

Shut your moth and simply say thank you to me and others who fund your life choices.
 
Not in this case, the tax credit is being funded from an existing Clean Energy Fund that already has enough in it for the ten year credit program. It's funded by surcharges on utility bills.
The beauty of it is the government never touches the money, it goes directly to the private companies, all of which are massive billion dollar companies.
Given New Jersey's failing infrastructure and other problems, this doesn't sound like the most prudent allocation of precious taxpayer funds.

Just another example of the few that believe they are smarter than the rest being able to push their agenda's through our government and have the rest pay for it.

We are fortunate that the U.S. economy is so resilient....
 
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If you have kids you have no right to complain about the government creating loopholes for lifestyle decisions.

Shut your moth and simply say thank you to me and others who fund your life choices.
So you're saying that you smoke, drink, gamble and are impotent?
 
This is a real head scratcher...maybe cleaner air, lower dependency on imported energy and more economical use of natural resources?
1) Teslas essentially run on coal.
2) The US is a net energy exporter.
3) If it was a more economical use of natural resources, it wouldn't need to be subsidized.
 
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This is a real head scratcher...maybe cleaner air, lower dependency on imported energy and more economical use of natural resources?
Cleaner air, maybe. The Cobalt in the Tesla batteries is relatively scarce and is sourced from a very badly governed place. Hopefully, this element will eventually be replaced in all EV batteries with safer and more abundant alternatives.
 
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1) Teslas essentially run on coal.
2) The US is a net energy exporter.
3) If it was a more economical use of natural resources, it wouldn't need to be subsidized.
It’s subsidized because unfortunately the majority of the population is too stupid to realize it’s a better option for themselves and the environment
 
1) Teslas essentially run on coal.
2) The US is a net energy exporter.
3) If it was a more economical use of natural resources, it wouldn't need to be subsidized.
1) False.
2) I am sorry you are too stupid to understand how fungible global resources work.
3) False. There is a cost of change and responsible governments throughout history have offset those cost for the betterment of society.
 
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Cleaner air, maybe. The Cobalt in the Tesla batteries is relatively scarce and is sourced from a very badly governed place. Hopefully, this element will eventually be replaced in all EV batteries with safer and more abundant alternatives.

Should we try to clean up the cobalt supply chain? Sure! But we still import 1 million barrels of crude from the Saudis PER DAY. If we’re going to talk about badly governed places...
 
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Cleaner air, maybe. The Cobalt in the Tesla batteries is relatively scarce and is sourced from a very badly governed place. Hopefully, this element will eventually be replaced in all EV batteries with safer and more abundant alternatives.

Tesla has reduced the amount of cobalt in their batteries by 60% over the last 6 years. Out of the ~1000 lb battery pack, cobalt makes up about 9 lbs.

https://www.benchmarkminerals.com/panasonic-reduces-teslas-cobalt-consumption-by-60-in-6-years/
 
If you have kids you have no right to complain about the government creating loopholes for lifestyle decisions.

Shut your moth and simply say thank you to me and others who fund your life choices.

:eek:
 
Should we try to clean up the cobalt supply chain? Sure! But we still import 1 million barrels of crude from the Saudis PER DAY. If we’re going to talk about badly governed places...
I found a site reporting 387,000 barrels from the Saudis for the week of January 17, 2020.
According to their stats, a pretty sharp dropoff has occurred in the past couple years.
 
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