If you needed yet another example of how illogical and ideology-driven Donald Trump's new presidential term is, you need look no further than his roll-back of electric cars and chargers for federal government workers.
Last week, Trump ordered that 654 EV charging stations at government facilities be immediately removed and decommissioned, and about 25,000 government EVs be summarily sold. This will flood the EV market, so that the EVs will end up being sold at about 25% of their original value, resulting in a $225 million loss (the original $300 million paid for the chargers and electric vehicles is a sunk cost). Decommissioning the chargers could cost a further $50 to 100 million, and an estimated $700 million will need to be invested in new replacement cars.
That's over a billion dollars of public money wasted on a whim. You could add to that a further 6 billion in savings that the EV fleet would have realized over their working lives compared to a conventional combustion fleet, as estimated by investment consulting firm ICF. How many of the EVs to be sold are Teslas is not clear, but best buddy Elon Musk is probably going to be pissed.
And why? Why would a move like this be worth a billion dollars to Trump? It seems that economics doesn't come into the equation at all, and it is all because Donald Trump - for whatever reason - doesn't like EVs, and is scared of progress of any kind (and particularly environmental progress).
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