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Politics : Formerly About Advanced Micro Devices

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To: Fiscally Conservative who wrote (1468292)7/13/2024 12:34:00 AM
From: Broken_Clock2 Recommendations

Recommended By
longz
Maple MAGA

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You call this fiscally conservative?

$7.5 Billion Bipartisan Investment Nets Only 7 EV Charging Stations

Editor OilPrice.com
Mon, May 13, 20242 min read

When people gripe about paying taxes and the government being a poor the absolute worst possible capital allocator, this is what they are talking about: $7.5 billion in investments for electric vehicles has - in two years - produced just 7 charging stations across four states.

The Bipartisan Infrastructure Law, signed by Biden in November 2021, allocated $7.5 billion for EV charging, the Washington Post writes. Of this amount, $5 billion went to states as "formula funding" for the National Electric Vehicle Infrastructure program to establish a network of fast chargers along major highways.

Today, there's seven chargers with a total of just 38 parking spots. And, come on: when the Post is calling it out, you know the results have been horrible.

finance.yahoo.com
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