California Ponders $3 Billion Subsidy for Electric Cars: All-Electric Europe by 2035, Worldwide by 2040?

Mish Talk:

Currently, less than 3% of California vehicle sales are electric.

Assemblyman Phil Ting, a San Francisco Democrat, thinks that is not enough.

To induce drivers to purchase electric vehicles, California Considers a $3 Billion Electric-Car Rebate Push sponsored by Ting.

Cont....