Pray tell, what would the price of ethanol produced from green hydrogen be? The processes I've seen are either bio or electric with a catalyst but they are just at the science project stage, no where close to being scaled up.
> This is dramatically cheaper than telling the poor and middle class, "Let them by EVs (which cost a small mortgage)."
The 2023 Chevy Bolt has a list price of $26K before the subsidy. Tesla Model 3 is $43K before subsidy. The average price paid for a new car in 2022 was $50K. Of course no one is forcing the poor and middle class (or anyone else) to buy EVs. Most of them by used cars anyway, that market is definitely not mature yet, though the new subsidy can now be applied to used models.
Even before the price war which has just broken out most mainstream industry analysts were predicting upfront, nonsubsidized price parity of like EV and ICE models mid to late this decade. That's on top of the significantly lower fuel and maintenance costs and of course the subsidies.
