Gruber is bang-on right. Wish there were an easy way to nudge American voters into accepting an fossil fuel tax/cleantech subsidy structure.
Ironic thing is that electric cars are actually cheap to run and maintain. Battery replacement costs are offset by a simpler, easier to maintain drivetrain as well as lower “fuel” costs.
In the long run, Joe Overleveraged would actually be better served by having at least one of his vehicles be electric.