Badunit
Well-Known Member
It is a difficult comparison to make.The most egregious fallacy though, is that only EVs are given tax benefits... The reality is that fossil fuels are far more heavily subsidized.
The government is not providing direct subsidies to the consumer for ICE vehicles, but it has been for EVs.
Gas and Diesel are heavily taxed at the pump. This is like an anti-subsidy for ICE vehicles. When EVs pay their fair share for the roads (assuming that is where this gas tax money actually goes), then this will be a wash.
The oil and gas "depletion" subsidy also applies to mining, such as for lithium and cadmium and nickel.
Some of the "fossil fuel" subsidies are for coal production but get lumped in anyway if the point is to trash gas and oil.
Some "subsidies" are just normal business expenses like all other businesses get to deduct, except they are written specific to things required to be done for oil and gas production.
Oil and gas are used for a lot of things other than ICE vehicles, including home heating and cooking, plastics, and the list goes on and on and on (including in the parts and production of EVs). The entire amount should not be counted against gas and diesel for automobiles.
Electrical power generation companies (where EVs get their juice) receive subsidies. Solar panels and installation are subsidized for consumers, some of whom sell their electricity to the grid for others to use (such as for charging their EVs) and others who use it to charge their own EVs.
The point I am trying to make is that it is difficult to get a completely true and accurate answer when it is this complex.
Also,
"Government subsidy" is usually a misnomer. A subsidy is "monetary assistance". Usually the government is not giving "monetary assistance", they are just taxing you less. Taking less from you is not the same as giving you something. The fossil fuel "subsidies" are mostly tax deductions/credits but a lot of what has been spent propping up the alternate energy markets has been actual monetary assistance, and a whole lot of it.
In the distant past (350 million years ago or so), trees came into existence. They captured carbon, just as they do now, except that when they died there was no bacteria or fungi that could break them down and release the carbon back to the atmosphere. Life nearly died from lack of CO2. We are currently at a historically very low point in CO2 now. If it gets much lower, the plants die then we die. It is quite possible we have been saving the world by burning fossil fuels and other fuels, releasing CO2 back into the atmosphere. Who is to say that today's climate is the ideal one for the Earth as a whole or for people? It is not ideal for plants. We need plants for food and oxygen so maybe what is best for them is best for us as well. Just something to consider.
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