In more evidence of the growing EV debacle, the editorial board of the Las Vegas Review-Journal notes how an urgent Biden-era program to place charging stations all over the U.S. burned through US$7.5 billion to build precisely 68 of them. Even after the program was overhauled, the cost remained at US$19.5 million per station. The Review-Journal is, consequently, backing the Trump Administration’s policy to dismantle the entire structure of EV subsidies, tax incentives and mandates.
At Least He Paid his Losing Bet
Paul Ehrlich, author of the spectacularly incorrect 1968 best-seller The Population Bomb, recently died at 93. Despite his longevity, Ronald Bailey points out in Reason, Ehrlich did not live to see even one of his numerous apocalyptic predictions come true. The world’s population certainly grew, but not merely larger, richer and fatter too. Most famously, Ehrlich once bet economist Julian Simon that the world was approaching economic collapse – but in 1990 had to mail Simon a cheque.
