Only in red America

KCalhoun said:
I've it's not broke... oil and gas powered engines work great. Still driving a 20 year old camry :D
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6 cylinder? The panels with fall off and the paint will fade before the mechanicals die.
 
When one group of retards wants to ban gas stoves it's expected that another group of retards will want to ban EV's. Abortion on demand up to and through birth. No abortion for rape victims will follow. We are governed by the extremists. The reasonable center has no representation in government, none, zero, nada. Both parties equally corrupt and until you see that there is no hope for change. They don't care which political corner you go into; they just want you to choose a side.
 
CaptainObvious said:
When one group of retards wants to ban gas stoves it's expected that another group of retards will want to ban EV's. Abortion on demand up to and through birth. No abortion for rape victims will follow. We are governed by the extremists. The reasonable center has no representation in government, none, zero, nada. Both parties equally corrupt and until you see that there is no hope for change. They don't care which political corner you go into; they just want you to choose a side.
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Arnie said:
I guess EV's are GWB-trading's next obsessive/compulsive target. COVID is waning, after all.
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If you want to make a significant amount of money in a 10 year time frame or so then this is a good time to invest in the EV industry. However you must choose your investments wisely since the EV industry will experience a lot of consolidation over the next decade -- there will be winners and losers. We are seeing a similar situation in the legalized marijuana industry currently.
 
Invest in the grid

ComEd seeks record-high $1.5 billion rate hike over next 4 years

CHICAGO -- Chicago-area households could see their electric bills bump up by $6.72 per month next year - and that would only be the first of three straight annual hikes under a record-high $1.5 billion rate increase request filed by ComEd on Tuesday.

The utility's four-year, phased-in rate hike would include similar increases in power delivery rates in 2025 and 2026, followed by a slight reduction in 2027, according to ComEd's filing with the Illinois Commerce Commission.

ComEd says that's the cost of bolstering the region's electric grid in a statewide effort to phase out carbon emissions and of protecting the system from severe weather damage as it becomes more common due to climate change.

"ComEd has a critical role in ensuring the transition to cleaner energy is reliable and equitable for all," ComEd CEO Gil Quiniones said in a statement. "These proposed investments are necessary to deliver the resilient 24/7 power our customers depend on, prepare the grid for fleets of electric vehicles and electrification, integrate more clean energy and battery storage, and equitably advance a decarbonized energy future."

Consumer advocates at the Citizens Utility Board of Illinois criticized the utility's proposal, which also seeks to increase ComEd's return on equity, or profit rate, from about 8% to 10.5%.

"The profit rate for shareholders is excessive. CUB and other consumer advocates will fight it," the organization tweeted.

Next year's proposed rate hike of roughly $847 million on its own is more than the $827 million that rates climbed over the previous 11 years combined.

By 2027, rates will have more than doubled since 2012, according to the Illinois Public Interest Research Group.
 
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