Links tagged “transportation”

"I think all options need to be on the table, as you know, the gas tax hasn't been increased since 1993 and it's never been pegged to inflation." “There are several different models, in the short to medium term that could include revisiting the gas tax, adjusting it, and or connecting it to inflation," Buttigieg said. ... 

Buttigieg also raised the possibility of creating a new “vehicle miles traveled” (VMT) tax that would charge drivers based on a per-mile tax but cautioned that the technology might not be ready to support implementing this policy while also raising privacy concerns.

TRUMP: "I am especially proud to be the first president in decades who has started no new wars."

Marc Morano: Thank you, Mr. President! You have achieved what few Presidents have when it comes to securing the U.S.'s national security. Your energy policies contributed greatly to achieving no new wars. Previous Presidents paid lip service to "energy independence" but during your administration, you not only achieved it, but you also went one step better -- you presided over an American energy renaissance that led to U.S. energy dominance!

In 2019, “U.S. energy exports exceeded imports for the first time since 1952,” the EIA reported. The EIA also reported, “In 2019, U.S. energy production exceeded energy consumption for the first time since 1957,” when Dwight D. Eisenhower was president. Trump's energy achievements were so off the charts that the last time the U.S. saw this kind of energy dominance was when Harry S. Truman was president in 1952!

In 2018, about 5.1 million EVs were in use around the globe. That means that cutting domestic gasoline demand by a third would require the U.S. to deploy roughly 20 times as many EVs as are now being used around the world. That’s a tall order. ... Richard Herrington, the head of earth sciences at the Natural History Museum in London, and seven of his colleagues sent a letter to the British government that underscored the scale of the challenge. Herrington and his colleagues calculated the amount of commodities, including rare earth elements, that would be needed to convert all the United Kingdom’s 31 million motor vehicles to electric drive. (Rare earths are a group of 17 elements that includes neodymium, an essential ingredient in electric motors.) They found that doing so would require “two times the total annual world cobalt production, nearly the entire world production of neodymium, three-quarters of the world’s lithium production and at least half of the world’s copper production during 2018.”

The U.S. has about 276 million registered motor vehicles, or roughly nine times as many vehicles as the U.K. Thus, if Herrington’s numbers are right, electrifying all of U.S. motor vehicles would require roughly 18 times the world’s current cobalt production, about nine times global neodymium output, nearly seven times global lithium production, and about four times world copper production.

At Tesla’s current price-to-earnings ratio, it would take the company almost 1,600 years to make what the stock market says it’s worth. The New Statesman put up a startling comparison. In 2020, Tesla delivered 499,550 vehicles. Yet, its market capitalization shot up to $750 billion dollars. Comparatively, General Motors delivered 2.5 million vehicles in the same year, yet its market value is only $62 billion. Tesla’s price-to-earnings ratio — a comparison of current share price to earnings per share — is roughly 128X (the industry average is 15X), according to Zacks Investment Research. Based on that ratio, it would take Tesla 1,600 years to make the kind of money the stock market says it’s worth.

Prof. Josh Halpern

Warmist Howard University emeritus chemistry professor Josh Halpern smears Morano as a 'traitor' who he hopes "are going on the no-fly list." 

Under the Twitter alias Eli Rabett (@EthonRaptor) responded to Morano's Fox and Friends segment on Bill Gates climate and lockdown hypocrisy."

See: Morano on Fox and Friends on Bill Gates private jet & COVID lockdown hypocrisy – ‘Gates is #1 carbon footprint of all celebrity climate activists’ – $30k a month electricity bill at his home

"Traitors like you and your friends who backed Trump and his goons attacking the Capital are going on the no-fly list anyhow, Halperin wrote to Morano on Twitter.  

Morano replied: "I would not be surprised if you are correct. Should I have my utilities shut off and driver's license revoked as well for supporting Trump?" Morano added: "Put me on a no-fly list? Will it matter? If Bill Gates gets his way 99.99 % of humanity will be on no-fly list since all the commercial airlines will have been bankrupted and out of business."

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Flashback 2019 Wired Mag: ‘China’s Social Credit System’ – Compared to ‘Big Brother & every other dystopian future…the reality is…in some ways, worse’ - China’s social credit system expands that idea to all aspects of life, judging citizens’ behavior and trustworthiness. Caught jaywalking, don’t pay a court bill, play your music too loud on the train — you could lose certain rights, such as booking a flight or train ticket."

Fox and Friends - Fox News Channel -  Broadcast January 10, 2021

Morano: "Bill Gates was listed in 2019 as the number one carbon footprint of all the celebrities. He beat Al Gore, Jennifer Lopez. He beat Bernie Sanders and a bunch of others that have, Harrison Ford. He came out number one, Bill Gates. He has a new book coming out about the climate crisis what we can all do. He spoke to the World Economic Forum and claimed we have to change every aspect of our lives to fight global warming but Bill Gates is not willing to do it. The last estimate in 2010 he paid $30,000 a month in his electricity bill at his home. Since he is now recently bought a 43 million-dollar oceanfront property, not very worried about sea-level rise apparently." ... 

"Gates just said we need to continue lockdowns on bars, restaurants, small businesses. Meanwhile, the billionaire class is reaping benefits of lockdowns -- his pals from Amazon, Walmart, all other big box stores. What is interesting climate activists are calling for flying only when it is 'morally justifiable' as the new normal post-pandemic. Bill Gates is in on that. He is saying, well business travel he expects a 50% reduction. So now if you want to fly commercial, if you’re not Bill Gates or Leonardo DiCaprio or Al Gore, you need to come up with a 'morally justifiable' reason. This is what the climate activists are doing. Crushing the airline industry, by boosting private planes. They’re living one way for themselves and imposing whole another set of austerity on the rest of us.”

UK Daily Mail: "The Microsoft boss's company Cascade Investment entered the bidding war for British private jet servicing company Signature Aviation Friday
Cascade teamed up with Blackstone Group to make a $4.3 billion bid 

In February, Gates will release his book 'How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need'
In it he sets out his plans for how the world can reach zero greenhouse gas emissions in time to prevent a climate crisis
This comes months after he published a blog post lecturing the public that climate change 'could be worse' than the coronavirus pandemic
Signature Aviation handles 1.6 million private jet flights every year
A private jet flight emits up to 40 times as much carbon per passenger as regular commercial flights, according to research"

Dec 2020: Bill Gates, Worth Nearly $120 Billion, Advocates For Keeping Small Businesses Closed Due To COVID - “Bars and restaurants in most of the country will be closed as we go into this wave. And I think, sadly, that’s appropriate.

Flashback Nov. 2020: Bill Gates says more than 50% of business travel will disappear in post-coronavirus world - Gates: “My prediction would be that over 50% of business travel and over 30% of days in the office will go away." Moving forward, Gates predicted that there will be a “very high threshold” for conducting business trips and there will always be a way to work from home.

Get ready: In a declared ‘climate emergency,’ you can’t fly commercial unless it is ‘morally justifiable’ – Activist Holthaus sets rules for the ‘use for luxury aviation emissions in a climate emergency’

Climate Depot's Morano: "Decimating the Commerical airline industry with endless COVID lockdown policies won't impact people like Bill Gates, Prince Charles, Al Gore, Leo DiCaprio -- They will continue to fly on (and own) private jets & private jet companies.