2oldman wrote:
Fossil fuels still receive massive government subsidies.
The Environmental and Energy Study Institute found that the US government alone spends $20 billion every year on direct fossil fuel subsidies. This has been going on for a LONG time.
$7500 per car exceeds $20B by a lot for only 1% of the market. Yes there are subsidies all over but per car sold massively favor ev.
Early on government literally fought ice and only because it was so much better did it become the standard. The subsidies are mostly about reliability of fuel supply...except when strategic reserves are sold for political purposes.