Tesla Motors was fined $275,000 by the EPA for failing to get a Certificate of Conformity certifying that the cars comply with the Clean Air Act. They got one in 2008 but did not for the 2009 & 2010 model year cars. I doubt the cars changed much between MY 2008 and MY 2010. So it is a little stupid of the EPA to make them go through retesting every year. Well that and the fact that the car makes no pollution since it is 100% battery powered. That’s bureaucracy at it’s finest.
But that is not what I want to focus on. The real smoking gun in my mind is a little gem from Tesla’s Securities and Exchange Commission (SEC) 10Q filing where they must disclose risks to the company for the benefit of potential stock buyers. In that risks section they admit that:
the imposition of a carbon tax or the introduction of a cap-and-trade system on electric utilities could increase the cost of electricity;
That’s right. Cap and trade would raise electricity prices and hurt their business. This isn’t some right wing rhetoric. This is a serious government filing by a company that we have to assume is smart and is a darling of the left and AGW crowd saying this. If that is not a smoking gun and reason enough to reject cap and trade and carbon taxes I don’t know what is.
Read more on Watt’s Up With That.