Cookie Consent by Free Privacy Policy Generator website Why California's EV-Rebate Proposition Lost u

Portal Nachrichten

WIRKLICH FIXED: RSS feeds abonnieren!!!


➠ Why California's EV-Rebate Proposition Lost

California's EV-funding proposition 30 "has suffered an unambiguous defeat," reports Bay City News. The measure would've increased taxes by 1.75% on income above $2 million a year (for roughly 43,000 California multimillionaires) to fund electric car rebates and combat wildfires. "In the statewide vote count as of late Wednesday, 59% rejected the proposal." So what happened? Before the election the New York Times described the fight: On one side, environmentalists have teamed up with firefighters, Democrats and Lyft, the ride-share company, which has poured more than $45 million into its campaign to pass a climate initiative. On the other, [Democrat] Governor Gavin Newsom has aligned himself with California billionaires, teachers and Republicans in opposition.... Proponents say the measure would raise money from those who can afford it to fund critical state mandates on electric vehicle sales and ride-share miles that have been highly promoted but not fully funded. Opponents argue it would require taxpayers to foot the bill for electric vehicle subsidies that Uber and Lyft would eventually have to pay for on their own. In August, California regulators voted to ban the sale of all gasoline-powered cars in the state by 2035, which was hailed by environmentalists — and by Newsom — as a significant step in combating climate change. Last year, the state implemented an even earlier standard for ride-share companies like Lyft and Uber: 90 percent of ride-share drivers' miles will have to be in electric vehicles by 2030. Left out of those mandates was an explanation of who would be expected to pay for the switch to greener cars.... The opposition to the measure, which includes some of the wealthy individuals who would have to pay more in taxes and business groups opposed to tax increases, argues that the proposal benefits corporations, because Uber and Lyft would eventually have to comply with the new state electric vehicle mandates and would have to cough up the money to do so on their own, most likely by offering subsidies for their drivers to buy battery-powered cars. The "no" campaign got a huge boost over the summer from Newsom, who, despite his focus on fighting climate change, has emerged as its highest-profile opponent and appeared in an television advertisement attacking Lyft in September. "Prop. 30 is being advertised as a climate initiative," Newsom says in the ad as he strolls across the screen. "But in reality, it was devised by a single corporation, to funnel state income taxes to benefit their company." Currently Lyft's gig workers use their own cars — but was the opposition looking ahead to a future where Lyft owns its own fleet of self-driving (and electric) robo-taxis? In any case, Proposition 30 "was among the country's top five ballot measures this Election Day in terms of total contributions," reports Axios, "with nearly $73 million spent by parties on either side, per Ballotpedia. The results "are an unfortunate setback for the climate movement," Lyft — which spent about $45 million supporting Prop 30 — said in a statement Wednesday. On the other side of the country, Massachusetts voters approved a new 4% tax on those making more than $1 million for transportation and education funding, broadly speaking. And New Yorkers OK'd $4.2 billion in bond sales to fund climate change mitigation and resiliency programs.

Read more of this story at Slashdot.

...


➦ IT Security Nachrichten ☆ yro.slashdot.org

➠ Komplette Nachricht lesen


Zur Startseite

➤ Ähnliche Beiträge für 'Why California's EV-Rebate Proposition Lost'

Why California's EV-Rebate Proposition Lost

vom 226.81 Punkte
California's EV-funding proposition 30 "has suffered an unambiguous defeat," reports Bay City News. The measure would've increased taxes by 1.75% on income above $2 million a year (for roughly 43,000 California multimillionaires) to fund electric car

California Defies Expectations of Doom, Promises Massive Tax Rebate

vom 201.26 Punkte
As California approaches the biggest state tax rebate in U.S. history, Bloomberg News co-founder Matthew A. Winkler questions its reputation as a state doomed by over-regulation and high taxes. In fact, California "has no peers among developed economies

New York State To Launch Electric Vehicle Rebate

vom 158.01 Punkte
An anonymous reader shares an AP report: New York state will soon launch a rebate intended to make electric vehicles more price competitive with traditional cars. Officials said they'll launch the initiative by April 1. The rebate of up to $2,000 will

California Proposition 24 Passes

vom 120.06 Punkte
California’s Proposition 24, aimed at improving the California Consumer Privacy Act, passed this week. Analyses are very mixed. I was very mixed on the proposition, but on the whole I supported it. The proposition has some serious flaws, and was watered do

LG Settles Bootloop Lawsuit With $425 Cash Or a $700 Rebate Toward a New LG Phone

vom 118.5 Punkte
Early last year, a class-action lawsuit was filed against LG over bootloop issues affecting their G4 and V10 smartphones. Now, according to a settlement website set up by the law firm Girard Gibbs, members of the lawsuit have received a settlement offer.

How to Find a Dead Apple Watch

vom 112.42 Punkte
If you lost your Apple Watch, there are some solutions available for locating it. However, if you have lost your Apple Watch and you believe that the device is shut off or the battery is dead, you may have even less options. While this may be a worst-case-scenario

Why Are People Moving Out of California?

vom 111.33 Punkte
A report from the Federal Reserve Bank of Chicago analyzed data from a moving company, concluding that 59.4% of the moves in California were out of the state — the second-highest percentage for any state in America (behind only Illinois). And that percentage

Proposition 24 Passes in California, Pushing Privacy Rights To the Forefront Again

vom 110.87 Punkte
California voters approved on Tuesday a ballot measure designed to beef up consumer privacy protections, according to unofficial returns published by the state's secretary of state. From a report: Proponents of the measure, known as Proposition 24, say

07-12-2019 | Socks 5 & 4

vom 102.51 Punkte
Payment Instantly perfectmoney,bitcoin,wmtransfer,DASH,ETH(Please click Buy Socks) Update Tools Client Dichvusocks.us http://dichvusocks.us/tools.php Link check socks http://check.dichvusocks.us/ LIVE | 75.119.203.132:38146 | 0.27 | California | 92821 |

09-12-2019 | socks 5 & 4

vom 102.51 Punkte
Payment Instantly perfectmoney,bitcoin,wmtransfer,DASH,ETH(Please click Buy Socks) Update Tools Client Dichvusocks.us http://dichvusocks.us/tools.php Link check socks http://check.dichvusocks.us/ LIVE | 64.90.49.3:39592 | 0.24 | California | 92821 | nort

Feds Go After Mylan For Scamming Medicaid Out of Millions On EpiPen Pricing

vom 98.75 Punkte
An anonymous reader quotes a report from Ars Technica: Over the nine or so years that Mylan, Inc. has been selling -- and hiking the price -- of EpiPens, the drug company has been misclassifying the life-saving device and stiffing Medicaid out of full

Feds Go After Mylan For Scamming Medicaid Out of Millions On EpiPen Pricing

vom 98.75 Punkte
An anonymous reader quotes a report from Ars Technica: Over the nine or so years that Mylan, Inc. has been selling -- and hiking the price -- of EpiPens, the drug company has been misclassifying the life-saving device and stiffing Medicaid out of full

Team Security Diskussion über Why California's EV-Rebate Proposition Lost