Freedom Line Blog

We recently sounded the alarm on how the Biden Administration, political left and crony capitalist big business interests are coalescing on an idea almost too bizarre to be real:  heaping new carbon taxes on traditional energy sources in order to “reduce energy costs.”  We subsequently illustrated one of the main reasons for that novel ploy:  so-called “green” energy sources are non-competitive without government intervention to artificially make more efficient fossil fuel sources more costly.  Courtesy of economist Stephen Moore, we have another biting illustration of that dynamic:

Taxpayers Power “Green” EV Initiatives

There’s nothing wrong with electric vehicles, and in fact they offer a promising future technology.  But that should occur via market forces and consumer choice, not artificial government costs and subsidies paid by strapped taxpayers.