tag:blogger.com,1999:blog-6824345661289105799.post4377768279685646780..comments2023-11-03T08:36:09.683-05:00Comments on Brooks Wilson's Economics Blog: The Chevy VoltBrooks M. Wilsonhttp://www.blogger.com/profile/17097849558228531431noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6824345661289105799.post-30532074872618919262013-02-11T11:01:41.821-06:002013-02-11T11:01:41.821-06:00Marilyn Pippin
I don't think the subsidy benef...Marilyn Pippin<br />I don't think the subsidy benefit pays to have a car at that expense. The only place I could see where this car might be in demand is up North where they have to plug in their batteries to keep them from freezing. I personally would not benefit from the subsidy benefit and would rather put my money into a home. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-87042005285980648392012-03-05T12:01:20.787-06:002012-03-05T12:01:20.787-06:00Less than 50% of our power generation portfolio is...Less than 50% of our power generation portfolio is Coal and with an EV, 80% of the energy in the batteries goes to the wheels while only 15% to 20% of the energy in a gas tank of an ICE goes to the wheels, so even with Coal, we come out way ahead. Also, Wind tends to blow more in the off peak hours when an EV is charging.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-36217796215205766362011-03-10T11:50:27.476-06:002011-03-10T11:50:27.476-06:00Arielle Harris, UHS.....
This car seems to be a g...Arielle Harris, UHS.....<br /><br />This car seems to be a good idea in that it helps reduce pollution, but it is quite expensive to the average American. I think it would be a great car for people who can afford it, but then again, for everyone else who are paying for the subsidy with their taxes, nothing is given in return. Only the few who can afford the car would be receiving something in return. After a while, though, when the car is tweaked and the price goes down, the law of demand will come into play because the quantity demanded will rise.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-91984796290667852912011-02-12T10:41:28.127-06:002011-02-12T10:41:28.127-06:00Ken Haltom said...
There are other problems here ...Ken Haltom said...<br /><br />There are other problems here as well. One is the claim that the Volt is a positive for a cleaner environment. How much cleaner will the environment be? Most of the electricity generated in the country comes from coal burning power plants. Are we trading pollution from one kind of fossil fuel (gasoline) to another (coal)? Is that really worth a $7500 subsidy in an attempt to have a cleaner environment? Seems like unintended consequences once again in government policy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-88880917052984952312011-02-09T19:01:45.759-06:002011-02-09T19:01:45.759-06:00I agree Pamela! Even if I had money and even with...I agree Pamela! Even if I had money and even with the tax credit there is no way I would invest that kind of money on a brand new product. I will let all of the people that can afford to take a chance of losing money on it test it out before I even consider buying one. Yes, it does sound like a cool car and could save someone money in the long run but I think it would be smarter to wait until it has been on the market for awhile and has been tweaked.Hyla Ruiznoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-4157648841221139992011-02-09T10:37:52.664-06:002011-02-09T10:37:52.664-06:00I agree with Danielle that if the cost of the cars...I agree with Danielle that if the cost of the cars would be less expensive, more people would be willing to buy them. However, as time progresses, the price will decrease, just like cell phones, gaming systems and personal computers. There was a time when all of these items were beyond the reach of a common citizen as well. So, I say, be patient. Someone has to be the guinea pig..might as well be the rich guy!Pamela Nelsonnoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-5625355790754382672011-02-07T20:32:48.030-06:002011-02-07T20:32:48.030-06:00I don't think that the subsidies benefits taxp...I don't think that the subsidies benefits taxpayers for the fact of how much the car costs. If the cost of the cars would be less expensive more people would be willing to buy them, therefore resulting in benefiting from the subsidies. The people who are able to pay that much money for cars really do not care as much about receiving money back.Danielle Richternoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-80035730972561605992011-02-06T23:59:30.673-06:002011-02-06T23:59:30.673-06:00I don’t think tax payers will benefit from the sub...I don’t think tax payers will benefit from the subsidy. Unless you are one of the small percentage of the public who purchase one, you will receive nothing in return for these payments. Americans basically paid to preserve the jobs of union workers or rich business men and provided an appealing discount to the few buyers who find great satisfaction in going green to be worth the price of the car. A person in a position to buy a $40K car probably isn’t worried about gas mileage or gas prices. My opinion is that subsidies alter the value of products and baffle the marketplace. The ability of the consumer to assess value and make rational purchases, expressing their demands and allowing the distributed intelligence of the markets to allocate resources efficiently in response, is destroyed. Consumers do not see the opportunity costs of implementing political mandates on the economy. What could have been done with all the money used to provide subsidies and billions squeezed from us to produce those cars.Lori Hodgesnoreply@blogger.com