Before turning to electric vehicles and their future, please note that there will be a Capital Matters Conference in New York City on January 26, 2023, on Innovation, Growth — And Their Newer Enemies.
It will be held at the Union League Club in NYC
Sponsorship information and tickets are available here https://bit.ly/3VH8i0x
Speakers: Larry Kudlow, Kevin Hassett, Linda McMahon, Amity Shlaes, David L. Bahnsen, Jason Trennert, Peter J. Travers, Andrew Puzder and, well, me.
Yes, it’s electric vehicle (EV) time — again. In last week’s Capital Letter, I discussed how much of the “good” news about EVs was anything but. In an earlier Capital Letter from last June, my focus (a theme I repeated in the later letter and again in the latest magazine issue of National Review) was on the way that the evolution of the “market” for EVs, like so much of the effort to deal with the possible effects of climate change, is being steered by central planners. This has not been a good thing:
Central planning lite (or relatively lite) has been a feature of the energy “transition” now underway in much of the West for some time. As this transition proceeds, the difficulties flowing from its reliance on aggressive, unrealistic and arrogant directives from above are becoming all too apparent, from the woes associated with ...