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Post by cadman on Aug 19, 2024 7:24:18 GMT -5
Stop now. You better look it up. It’s been all over the news. Billion dollar project gets 6 stations built It just means they haven't spent the money, it has only been approved. That project is on a grant basis to the states and the states have a long process to go through to qualify for the grant and then work with municipalities to determine locations. I think the states and municipalities have some expense involved, which further complicates the process. You build houses, how long from the day a developers decides he wants to buy a piece of vacant land to the point he has houses for sale? The entire process with zoning and approvals. i know around here, some projects take years and years. The same is true for the EV project . Most federal grant programs are multi year projects that last 10 years. Which brings up another problem. There is concern Trump may cancel any further financing for the program if he is elected. Why would a state invest money into a program that may not be available when they are ready to go. If Harris wins, the projects will likely increase. This press release says $623 million on grants were released in January, I would expect many more EV charging stations in the future. Also, $5 billion of that money was for improvements to the electrical grid and not building EV charging stations. www.scribd.com/document/760063604/cbsnews-20240818-1#fullscreen&from_embed
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Post by cadman on Aug 19, 2024 7:25:47 GMT -5
Bullshit, none of them said it was $10 million per charger.
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Post by illinoisfisherman on Aug 19, 2024 7:26:42 GMT -5
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Post by illinoisfisherman on Aug 19, 2024 7:27:36 GMT -5
That’s almost a billion a station
Bidenomics ?
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Post by cadman on Aug 19, 2024 7:46:51 GMT -5
Try clicking on the link...3 posts above..in my previous post. It *may* be educational. Doubtful since it is a political rant and not factual. The money they are talking about is actually savings by reducing drug costs. The Medicare trust fund will spend less money. The Republican spin is that money will be used for other purposes, since the trust buys treasury notes. By law, every dollar that goes into the Social Security Trust Fund and the Medicare Trust fund must be used for those programs. Congress has never changed that law and the President has no authority to use the money for any other purpose. Any talk of you hear of some administration "robbing the trust fund" is pure political bullshit. They are claiming the spending cuts that saves medicare money is being used of rother projects since the trust funds buys treasury notes and those funds are then used for other purposes. But the program money is still there in the trust fund as treasury notes and when the fund needs that money, the treasury will sell those notes. It is just politics, like the claims during the 70s. The other side also uses it a means to claim their new program isn't increasing the public debt, since it uses intergovernmental borrowing to finance the program. It is still debt though since that has to be paid at some point. Just a bunch of political bullshit www.factcheck.org/2012/08/medicares-piggy-bank/
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Post by cadman on Aug 19, 2024 7:57:13 GMT -5
That’s almost a billion a station Bidenomics ? Listen very carefully. Just because money has been allocated does not mean it has been spent. How do you run a business and not know that? If you allocate $500,000 for a project budget and 6 months into the project you are 50% completed, nobody says you spent $500,000 to do 50% of the project. THEY HAVE NOT SPENT ALL THE MONEY ON THOSE 8 CHARGERS. THE ARTICLE DOES NOT SAY THAT. Why is it so hard for you to understand this. The article even says $5 billion of the bill is going to the electrical grid upgrades, the infrastructure part and not being spent on EV chargers. My link tells you you $763 million in grants have been released and not all of that money has been spent yet. Is math really that difficult for you people. you guys claim to be in business and can't understand the difference between budgeting a sum of money for a project and the actual money spent. $7.5 billion has been budgeted, $763 million has been allocated to the states to be used. Only a portion of that has been spent on the 8 chargers in your article. How does crow taste?
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Post by illinoisfisherman on Aug 19, 2024 8:10:12 GMT -5
Can you understand the math?
$700+ million = 8 charging stations
How much does that break down for each station
You do the math. Mr Bidenomics Professor
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Post by luapnor on Aug 19, 2024 8:11:49 GMT -5
Until they are built, the price is prorated over what is built. You think that money isnt spent. In 1987, the B2 was only going to cost 500 Million each and because they didnt build them all in the original contract, the cost per B2 went to 2 Billion. IT doesnt matter how the money was spent, the end product per unit cost is really how it is measured. Math isnt hard if you look beyond your attempts to prove everyone wrong.
It is why it costs FORD $150,000 per EV to build.
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Post by illinoisfisherman on Aug 19, 2024 8:32:29 GMT -5
EVs need to be dead …… for now
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Post by cadman on Aug 19, 2024 8:38:44 GMT -5
Can you understand the math? $700+ million = 8 charging stations How much does that break down for each station You do the math. Mr Bidenomics Professor NOT ALL OF THAT MONEY HAS BEEN SPENT MY DIMWITTED FRIEND. WHAT IS SO HARD TO UNDERSTAND? THE GRANT TO THE STATE HAS BEEN ISSUED TO START THE PROCESS. YOU NEED TO LEARN HOW BUDGETING AND GRANTS WORK. I did accounting for a non-profit once in my younger days that got government grants, they would get a $2 million grant that might take 3 years to spend. Just because they got the grant did mean the project was completed or that money has even been spent on that project. It was on our balance sheet as an asset to go against the future costs of that project. For the last time, THAT $700 MILLION WAS NOT ALL SPENT ON 8 CHARGERS. YOU HAVE NO IDEA WHAT THOSE 8 CHARGERS COST SINCE NONE OF THE MEDIA REPORTS HAS INCLUDED THAT INFORMATION. IT HAS SIMPLY BEEN ALLOCATED FOR FUTURE PROJECTS I keep thinking this place can'T get any dumber and you people keep proving me wrong.
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Post by illinoisfisherman on Aug 19, 2024 8:40:38 GMT -5
Can you prove that they did not spend through that amount of money or is that just supposition on your part
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Post by cadman on Aug 19, 2024 8:42:37 GMT -5
Until they are built, the price is prorated over what is built. You think that money isnt spent. In 1987, the B2 was only going to cost 500 Million each and because they didnt build them all in the original contract, the cost per B2 went to 2 Billion. IT doesnt matter how the money was spent, the end product per unit cost is really how it is measured. Math isnt hard if you look beyond your attempts to prove everyone wrong.
It is why it costs FORD $150,000 per EV to build.
That is the dumbest thing posted so far. But we know math is your weak subject.
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Post by cadman on Aug 19, 2024 8:52:00 GMT -5
Can you prove that they did not spend through that amount of money or is that just supposition on your part A list of some of the projects the grants are for, a lot more than 8 chargers and this only a few of the projects. This list is only $140 millon of the grant money. if you would read my link above, you wouldn't need to ask the question. $10 million to the New Jersey Department of Environmental Protection to build EV charging stations for residents in multi-family housing in disadvantaged communities and rural areas. The project also will focus on areas near transit stations to encourage the use of shared transportation services such as electric carshare and rideshare options. $15 million to the Maryland Clean Energy Center to build 58 electric vehicle charging stations in urban, suburban and low- and moderate-income communities across the state. Proposed sites include Coppin State University, an HBCU (Historically Black Colleges and Universities) in Baltimore and 34 disadvantaged communities with multi-family housing. The project also includes workforce development programs that offer services to help train, place, and retain people in good-paying jobs or registered apprenticeships. $70 million to the North Central Texas Council of Governments to build up to five hydrogen fueling stations for medium- and heavy-duty freight trucks in Dallas-Fort Worth, Houston, Austin, and San Antonio. The project will help create a hydrogen corridor from southern California to Texas. $15 million to the County of Contra Costa in California to build a total of 52 fast chargers and 60 Level 2 chargers at 15 branch locations of the county’s library system. $15 million to Energy Northwest, a joint operating agency in Washington State, to install 40 fast chargers and 12 Level 2 chargers across western Washington State and northern Oregon. The project will provide EV access to largely rural and disadvantaged communities, including on Indigenous Tribal lands. $12 million to the City of Mesa, Arizona, to build 48 electric vehicle chargers for a variety of vehicle sizes, charging docks for e-bikes and e-scooters, and solar canopies to support electricity generation at the stations. $1.4 million to the Chilkoot Indian Association, an Alaska Native Tribe, to build an EV charging station in Haines, a rural and disadvantaged community where there are no publicly available EV charging stations. Same link as above highways.dot.gov/newsroom/biden-harris-administration-announces-623-million-grants-continue-building-out-electricHere is the full list of grant awardees highways.dot.gov/sites/fhwa.dot.gov/files/CFI%20Grant%20Awards%20Project%20Descriptions%20FY22-23.pdf
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Post by illinoisfisherman on Aug 19, 2024 8:56:04 GMT -5
All that money spent but only 8 charging stations complete?
Typical government spending?
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Post by mapper on Aug 19, 2024 9:55:13 GMT -5
Some of those locations are making me laugh my ass off, and seem like a waste other than for the contractor building them and the supplier selling parts and electric company taxpayer subsidized grid expansion.
Just trying to be real here.. Look at the costs of ev, then knowing what they are ask yourself If it makes sense to put them in economically deprived areas, and rural locations.
I just don't see the demand for ev chargers on rural tribal lands, maybe in the parking lots of the casinos..
edit..I looked at Haines, ak..I can see that one as tourist location, and fishing, rv.
It's in outer bfe, so even if you had a ev, range getting there is probally going to be a issue..but for a runabout sure, why not.
How about a survey of how many ev's are in those areas to use them, or how it would benefit tourism there..
I mean, we have heard for years most folks charge at home due to cost.
Help a brotha out and 'splain it to me.
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