We spend a lot of time talking and writing about the green energy subsidies contained in the 2022 Inflation Reduction Act. That’s appropriate given that bill’s content of a raft of incentives and subsidies the CBO estimated would amount to $369 billion over 10 years, a number that some financial analysts have estimated will be a small fraction of the real final price tag of that bill — they say it could cost taxpayers $3 trillion.
Receiving less attention is the set of similar subsidy programs that were contained in 2021’s Infrastructure Investment and Jobs Act (IIJA), one of which allocated the princely sum of $5 billion to the Departments of Energy (DOE) and Transportation (DOT) to serve as grant money to subsidize the installation of fast-charging EV charging stations around the country. In late February, Nick Pope reported at the Daily Caller that, more than two years after passage of the bill, this government program has resulted in the opening of just two locations – in Ohio and New York – that include only 8 such charging stations.
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