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Green Leap Forward
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Writing on the stumbling energy transition.

Phoenix as well, which is available as mobile app. But given what happened w/ Wallet of Satoshi, who knows how ling Phoenix will be available.

Fiat at its finest!

“For exaggerating electric-car efficiency, the government rewards carmakers with compliance credits they can trade for cash. Economists estimate these credits could be worth billions: a vast cross-subsidy invented by bureaucrats and paid for by every person who buys a new gasoline-powered car.

Until recently, this subsidy was a Washington secret. Carmakers and regulators liked it that way. Regulators could announce what sounded like stringent targets, and carmakers would nod along, knowing they could comply by making electric cars with arbitrarily boosted compliance values. Consumers would unknowingly foot the bill.

The secret is out. After environmental groups pointed out the illegality of this charade, the Energy Department proposed eliminating the 6.67 multiplier for electric cars, recognizing that the number “lacks legal support” and has “no basis.”

Carmakers have panicked and asked the Biden administration to delay any return to legal or engineering reality. That is understandable. Without the multiplier, the Transportation Department’s proposed rules are completely unattainable. But workable rules don’t require government-created cheat codes. Carmakers should confront that problem head on.”

https://www.wsj.com/articles/the-electric-car-cheating-scandal-subsidy-rule-efficiency-falsehood-2798b4ab?st=5pq2d07xl5a2n1z&reflink=desktopwebshare_permalink

“Most self-styled planners and builders of societies haven’t even considered that man might have a specific nature. They have regarded him as something infinitely plastic, as the product of his cultural or economic milieu, as some sort of identity-less blob which they could mold to suit their plans. This lack of realization that man has a specific nature which requires that he function in a specific way has given rise to floods of tears and blood . . . as social planners tried to wrench man apart and put him back together in a form they found more to their liking.”

-The Market for Liberty

By Morris and Linda Tannehill

“Do not be intimidated either by the political caste nor by parasites who live off the state.

Do not surrender yourself to a political class that only wants to perpetuate itself in power and keep their privileges.”

-Javier Milei