That would seem to be prima facie evidence that this “great transition” to renewable energy has so far been an expensive policy belly flop.Americans aren’t buying electric vehicles any more than they were before President Biden was elected. Even with record federal subsidies, the car companies are losing billions of dollars making EVs that people don’t want. Wind and solar still account for less than 10% of American energy.
When Transportation Secretary Pete Buttigieg was confronted recently on CBS’ “Face the Nation” regarding what happened with all the money, he hemmed and hawed and replied: “In order to do a charger, it’s more than just plunking a small device into the ground. There’s utility work, and this is also, really, a new category of federal investment.”
Thank God our celebrated transportation secretary, renowned for riding his bicycle to his office in Washington, wasn’t in charge of the Normandy landing. Instead, many Democrats are quietly talking about dropping Mr. Biden from the ticket, and one of the front-runners to take his place is the highly accomplished Pete Buttigieg.First, though Mr. Biden loves to chat about how much money the government is “investing” — where are the signs that any of these trillions of dollars of borrowed money have improved our lives? This EV charger scandal is just another reminder that the government generally doesn’t “invest” tax dollars — it mostly wastes them.