Newsom eradicating sales of new gas powered cars by 2035 (Nice: DMV, income tax)

[vincenze]

Originally Posted by CA4Now

That, as you mentioned, are probably dangerous to drive.

They are dangerous to drive when they are surrounded by huge trucks and SUVs.

If California streets are cleared of these obstacles, it'll be safe to ride electric scooters, bicycles, and small and CHEAP EV automobiles.

Of course, the governor won't do anything about it.

Most current American EV are made to be fast-accelerating rockets, not economical and cheap vehicles.

[CA4Now]

"Chevron, Shell, Exxon Mobil and other oil companies made more money than ever in 2022, showing just how massive a windfall they reaped as surging gas prices made it a struggle for drivers to afford filling up.

The billions in record profits they posted this week bolster the appeal of California Gov. Gavin Newsom’s effort to curb oil industry price gouging. Under a proposal he released late last year, the state would set a cap on oil refinery profit margins, penalizing excess profits and returning a percentage of it to consumers.

Lawmakers who may be hesitant to push this legislation through should keep in mind that the interests of the oil industry are at odds with the interests of ordinary Californians who would benefit from a cap on profits. Oil companies are interested in protecting their bottom lines, spending millions last year trying to elect sympathetic state legislators and pushing a referendum to overturn a new California law that bans new drilling near homes and schools to protect people’s health. Limiting their ability to rip off consumers at the pump seems like the bare minimum to expect from our representatives in Sacramento.

The proposal before lawmakers includes provisions to increase oversight and transparency by expanding state authority to collect data that could shed light on California’s mysteriously high gas prices, which regulators say there isn’t enough information to explain."

Big Oil reaps record profits while the planet burns. California should curb its greed:
https://www.latimes.com/opinion/stor...lty-california

[blameyourself]

Originally Posted by CA4Now

"Chevron, Shell, Exxon Mobil and other oil companies made more money than ever in 2022, showing just how massive a windfall they reaped as surging gas prices made it a struggle for drivers to afford filling up.

The billions in record profits they posted this week bolster the appeal of California Gov. Gavin Newsom’s effort to curb oil industry price gouging. Under a proposal he released late last year, the state would set a cap on oil refinery profit margins, penalizing excess profits and returning a percentage of it to consumers.

Lawmakers who may be hesitant to push this legislation through should keep in mind that the interests of the oil industry are at odds with the interests of ordinary Californians who would benefit from a cap on profits. Oil companies are interested in protecting their bottom lines, spending millions last year trying to elect sympathetic state legislators and pushing a referendum to overturn a new California law that bans new drilling near homes and schools to protect people’s health. Limiting their ability to rip off consumers at the pump seems like the bare minimum to expect from our representatives in Sacramento.

The proposal before lawmakers includes provisions to increase oversight and transparency by expanding state authority to collect data that could shed light on California’s mysteriously high gas prices, which regulators say there isn’t enough information to explain."

Big Oil reaps record profits while the planet burns. California should curb its greed:
https://www.latimes.com/opinion/stor...lty-california

Honestly CA4Now,

It's just one more thing for the negative nellies to complain about. Ultimately this, like so many other things, is not going to make a big impact on their lives, but complain they will. CA is not going to forbid cars that run on gas from entering the state or force people driving gas powered cars to turn in their cars. But the Henny Pennys will scream bloody murder regardless. Heck, they even sell those big 'ol trucks in hybrid and plenty will be available this year in full electric. It's pretty dumb if you ask me. We have one hybrid vehicle now and will replace our current car when the time comes with another. This is simply a smart thing to do and that comment is purely a financial one (not an environmental one). I like getting over 40 miles a gallon regardless of what the gas prices are where I live. In the meantime, the whiners will continue to complain about things like insurance prices, budgets, etc. But give them something they can actually control, and they whine anyway....go figure

[CA4Now]

Originally Posted by blameyourself

Honestly CA4Now,

It's just one more thing for the negative nellies to complain about.

Let them, I guess. It's similar to people complaining that they actually have to separate their trash now. Heaven forbid. Do we give a thought to future generations in this state....or this world? (Sorry; end of rant.)

[V8 Vega]

Electric cars cost 1/3 more than gas cars. Thats a lot of money. I don't see you buying one.

[blameyourself]

Originally Posted by V8 Vega

Electric cars cost 1/3 more than gas cars. Thats a lot of money. I don't see you buying one.

It helps to quote people. Who is this "you", you are talking about? And how is it that you know the personal net worth of anonymous people on a forum?

[OyCrumbler]

Originally Posted by CaliforniaGal

And what do you tell the people on fixed incomes or disability? My husband and I are blessed as he is still working as a tug operator. Since you seem to have all the answers and the world is going to collapse if we do not do this? How much does an EV cost these days?

I'm almost 70 and have lived in California all my life. Born and raised here. We have been told for years we were heading for disaster. We have come SUPER far here in California from when the SMOG was so so bad. I remember when you couldn't see the mountains when I was growing up in Torrance. Today, I can be up on Prospect Avenue in Hermosa Beach driving and see the beautiful mountains especially in the Winter w/ snow on them.

This is nothing but a huge money maker for these folks. Tired of this garbage and fear that they keep throwing at us. What is next?????? Stop the insanity. Newsom is a disgrace. Sorry, just the truth. What is going to be banned next??? Have your electric cars but they will not work for ranchers and for people who live in rural areas or who drive many miles. Ban airplanes perhaps?

I'd say that 2035 is about twelve years away and electric vehicles have rapidly improved and there seems to be no obvious deterrent to stopping those improvements in the near term future. I think one illustrative example of this might be about average costs and range. Twelve years ago in 2011, the best-selling EV was the first generation Nissan Leaf and that had a rated range of 73 miles and a real world range closer to 60 miles. It had a base price of $34,570 (not adjusted for inflation--if you were to adjust for inflation then that would be about $44,977.01 in 2023 dollars).

Right now, you can buy a new Chevrolet Bolt that has a rated range that more than tripled of 259 miles and real world range that often exceeds the rated range and has a base price of $27,495 and is eligible for a $7,500 federal tax credit and comes with a credit from GM towards installation of a Level 2 charger. That's a pretty massive jump in improvements in twelve years and meanwhile a new Toyota Corolla hatchback isn't that different in cost with a base price of $24,060 and the Bolt ends up cheaper if you're eligible for even half of the federal tax credit.

Originally Posted by V8 Vega

Electric cars cost 1/3 more than gas cars. Thats a lot of money. I don't see you buying one.

Most electric cars right now are in the premium segments like BMW and Mercedes with only a few in the mass market segments so that skews the average a lot. This is similar to how smartphones or flatscreen TVs started as well until production volumes and subsequent advancements steadily lowered the price and selection. Remember, this ban on new internal combustion engine vehicles isn't for tomorrow--it's for 2035. Think of it this way, when you walk into someone's home and they have any flatscreen television or computer monitor today, do you automatically assume they're wealthy and living high on the hog? What about if you see someone pulling out a smartphone of any kind? Do you yourself or anyone in your household own any devices with a flat screen? If so, do you consider yourself fabulously wealthy?

[OyCrumbler]

https://electrek.co/2023/02/08/tesla...-market-share/

Just to give an idea of where things are at right now, last year's new vehicle sales were about 19% plug-ins comprising ~17% of it straight battery electric vehicles (BEV) and ~2% plug-in hybrids (PHEV) versus about 11% plug-ins comprising ~9% BEV and ~2% PHEV the year before. This is without the federal tax credits being available for the market leaders of Tesla and GM last year and which both became eligible again this year.

If you look at how market share has generally, though not always, progressed pretty quickly after around the 5% mark: https://en.wikipedia.org/wiki/Electr...y#Market_share

Also note that for the ones that did have a bit of slowdown, the slowdown was almost entirely due to drop in PHEV sales while BEV sales continued rising rapidly. Note that California's market has a very higher BEV to PHEV ratio so that probably won't be much of a factor.

This year, and basically every year for the next several years, will see more and more electric vehicle models in more and more segments and price brackets rolled out, so I think the new vehicle market in CA will likely have shifted to almost all electric vehicles before 2035.

[CA4Now]

After months with little apparent progress, Gov. Gavin Newsom’s proposal to hold the oil industry accountable for high gas prices and deter price gouging is now on a fast track toward passage in the California Legislature.

A deal between the governor and legislative leaders, announced earlier this week, was passed by the Senate on Thursday (3/23/23) and now heads to the Assembly and could be voted on as soon as next week. The deal abandons Newsom’s push for the Legislature to place a cap on oil company profits and instead gives state energy regulators the power to impose one through a public process.

It’s an admittedly weaker plan that shows state lawmakers’ unwillingness to directly take on California’s multibillion-dollar oil industry, which holds tremendous political sway in a state that consumes nearly twice as much gasoline as any other and pays the nation’s highest gas prices. But it may be more effective to have regulators than state lawmakers take on the work of collecting data and setting penalties for excessive profits on such a powerful industry. The Western States Petroleum Assn. is the top lobbying spender in Sacramento, and oil companies have doled out millions in campaign cash trying to elect Republicans and Democrats friendly to their industry.

“Big Oil is the most powerful industry on Earth, and has been mobilized against the price-gouging penalty since Day One,” said Kassie Siegel, who directs the Climate Law Institute at the Center for Biological Diversity.

This approach moves decisions about penalties on excessive profits from the purely political realm into the administrative world of data-driven regulation and brings much-needed oversight.

https://www.latimes.com/opinion/stor...ouging-penalty

[V8 Vega]

Stupid Newsom and the Democrats, this will only make gas even more expensive.