|
The Flaw In Biden's Electric Vehicle Charger Plan
[Oilprice.com] The Biden administration has earmarked $5 billion ready to be disbursed to states with EV charging infrastructure plans in place. States are on board with the shift to EVs and are indeed making plans for charging infrastructure. But the people at the end of the line, those who will host the chargers, are having misgivings. Utility Dive reported this week that convenience store owners have sounded the alarm about the EV infrastructure bill, saying the legislation behind it is discouraging private investment, which is going to be essential for the successful shift to EVs.The report cited Doug Kantor, general counsel of the National Association of Convenience Stores, as saying that the sector was concerned about turning in a profit from EV chargers in the current political framework regarding these. "There is no way to build out the infrastructure that’s needed to charge vehicles without private investment. To just do it with public money, that’s not going to happen," Doug Kantor said. Retailers’ main worries have to do with demand charges and the option for regulated utilities to own EV chargers. According to the NACS, the charges need to be reduced or eliminated, and fair competition between regulated utilities and private businesses in EV charging needs to be ensured. This is the latest chapter in the EV infrastructure story unfolding in the United States under the ambitious Biden administration’s plans to electrify transport. Per these plans, the country should have half a million chargers installed in the coming years, for which the administration allocated $5 billion. Bold emphasis added. Posted by: Besoeker 2022-07-30 |
| http://www.rantburg.com/poparticle.php?ID=639910 |