Greedy ManBy Selwyn Duke

First there was the claim that because of the tremendous amount of CO2 released during an electric vehicle’s (EV’s) production, you’d have to drive one hundreds of thousands of miles to reach CO2-emissions parity with a gas-powered car. Next came an assertion from a think tank that an EV costs “approximately $48,698 more to own over a 10-year period.” Now there’s another apparent blow to the EV dream:

The true cost of charging such a vehicle, factoring in hidden expenses, is the equivalent of $17.33-per-gallon gasoline, reports the aforementioned think tank, the Texas Public Policy Foundation (TPPF).

There’s a kicker here, too: Since much of this cost is covered by government subsidies, it means that middle-class and other taxpayers are subsidizing wealthy EV owners.

These realities and more are revealed….

Read the rest here.

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