Quote:
Originally Posted by redpoint5
I've commented on this extensively at the Bolt forum.
Did anyone read the article? The guy got a nearly $800,000 grant to install 4 DCFC spots. If he'd have paid out of pocket for that, how much charging would need to occur to recoup the $200k per charger?
The entities that covered the grant were not using money that was donated to them, but money extracted unwillingly from the public. And it went to a private business, an individual.
not to cater to a very small/specific demographic that tends to be more well off than others. That fits the description of anti-progressive...
|
This reminds me of all the government guaranteed loans given to developers to build strip malls that stay half empty or less then get condemned.
One more famous local case the developer hasn’t done as well as expected, hasn’t paid property taxes in years and owes $10m to the town.
No one builds retail anymore with their own money.