What an obvious hypocrite. Here’s his conclusion tonight, verbatim:
…There is an obvious difference, of course — the regular car driver pays for his own car and his own gasoline. The EV driver doesn’t pay for his own charge. In fact, he pays a shockingly low portion of the cost of operating his vehicle: less than 7%. Suckers ratepayers and taxpayers pony up the rest…. Some things are just too dumb to happen, no matter how much graft may lie behind them. I think EVs will prove to be in that category….
Hmm, as a poignant aside to my main point: would it be… impolitic to point out that Hinderaker’s think tank took welfare into the neighborhood of $205,000 and paid none of it back, during COVID-19? [It shouldn’t be. But I digress.]
Mr. Hinderaker — do come on over, and take a look at Bitcoin mining — in rural West Texas.
You’ll be… gob-smacked!
If it galls you that “rich people” get EV “welfare” — how about money losing capitalists, into the billions, since 2017 — all while having ratepayers fund their crazy folly coins?
I predict… crickets — because… “muh freedum” and “capitalism”. And… Texas.
The irony here, is pegged off scale high to the right.
As long as the NASDAQ price of Riot is showing us some sheer lunatic upward moves… why not, I guess? Let’s all laugh at the corporate welfare Riot gets, from Texans.
Charming.
Out.
Powerline Lies... 