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EV Subsidies Without the Hot Air

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* Charging points still get about a 50% grant

* On street parking(about 50% of the market) needs to be subsidised by the local authority to get them on board. The costs are difficult to account for due to local variations and are not even a little bit  insignificant

* Government grants for electric vehicles and charging infrastructure for the more visible subsidies

* Net zero policy is hammering the car makers with harsh targets, distorting the market in a very big way, placing makers currently near the margin to tip over into bankruptcy. Not to mention making it a struggle to budget. And artificially raising the price of motors for those not wealthy enough to buy an EV - with all the welfare knock on effects

* A subsidy fulfilled is one that has already distorted the market. Can/will that distortion ever be remedied? See here for a list of past bailouts

* Energy tariffs are geared toward EV users. At a threshold, hoax EV users would cause the tariff to be withdrawn. Or why are we not offered this tariff for other energy use already?

* Renewables get about 3 times the subsidy nuclear did and that was too much (I hear you this is about EV's. But they are being sold BIG on being sustainable which is by no means a certainty for a political consensus)

* Renewables require high volumes of gas to maintain the grid so are defacto high co2. I cannot think of a more distortionary economic policy causing large hidden dead weight costs - renewables are the only energy source which are higher emissions when the source is unavailable

*  I have yet to look into how much the national charging network received in 'encouragment'. It will be very very big.

* There is more. As indicated with renewables, when we lie, with the first link a chain is forged. There will be a flood of corporate welfare engaged in this on a large scale. Think double glazing or second hand car sales.

* Wind distortion: hidden subsidies of wind from huge 'curtailment' losses when there's no wind or too much wind. Maybe you to 5 times the cost per MWh of gas.

*  Remember, this will be state funded. So the constituency which pays the biggest proportion of its incomes in tax will suffer the worst of all. This will be the poor and the working class. I'm no particular fan of them. Just sayin'. Socialists will hate that I point this out. So the unintended consequences of projecting these costs onto those who can least afford it we estimate will probably double the more direct costs above in welfare state mitigation. Which itself is an economically and socially destructive behemoth already.

Go Well!

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