"Qanta Ahmed: Ilhan Omar is a disgrace to Islam and doesn’t represent my Muslim religion"
"Is Low Inflation Really a Mystery?"

"Take the Electric-Vehicle Tax Credit off the Road"

Amen to this

Related: "Bipartisan Support for Electric Vehicle Handouts Betrays Taxpayers".

And see also "What Does an Electric Vehicle Replace?"

The emissions reductions from the adoption of a new transportation technology depend on the emissions from the new technology relative to those from the displaced technology. We evaluate the emissions reductions from electric vehicles (EVs) by identifying which vehicles would have been purchased had EVs not been available. We do so by estimating a random coefficients discrete choice model of new vehicle demand and simulating counterfactual sales with EVs no longer subsidized or removed from the new vehicle market. Our results suggest that vehicles that EVs replace are relatively fuel-efficient: EVs replace gasoline vehicles with an average fuel economy of 4.2 mpg above the fleet-wide average and 12 percent of them replace hybrid vehicles. Federal income tax credits resulted in a 29 percent increase in EV sales, but 70 percent of the credits were obtained by households that would have bought an EV without the credits. [Bold added.] By simulating alternative subsidy designs, we demonstrate the distributional and efficiency outcomes across different policy alternatives.

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