How Much Do Folks Like EVs? Only If They Get A Tax Break -- September 6, 2019

From Bloomberg: electric car sales fall for first time after China cuts subsidy.  Data points:

• sales drop 14% in July 
• slowdown highlights the effect of government subsidies
• global EV sales fell for the first time on record in July after China scaled back purchase subsidies
• monthly sales worldwide fell 14% to about 128,000 plug-in passenger EV

The big question: why would China cut subsidies on EVs?

One word: coal.

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Sweet Memories, Ray Charles and Mary Ann Fisher   Maybe it's the sake, but it seems YouTube keeps getting better and better.