In response to:

Electric Cars: The Environmentally Friendly Way of Losing Money Since 2009

Auspex Wrote: Dec 07, 2012 3:38 PM
And you don't think that at least one of the natural resources required to make the batteries wouldn't have to be protected as diligently as oil if those resources were in similar demand? You can't put the whole war bill on oil either, because oil wasn't the only reason. How many children and working poor in other battery producing countries will die from prolonged exposure to the chemicals needed for the car batteries when the demand gets as large as that for oil? So, there are "uncounted" costs on both sides, way way way down on the cost factor list. When it comes to cost/benefit, as a society, we've elected to not spend a dollar chasing a dime. Well, conservatives have anyway...

A Congressional Budget Office report released in the fall tells Obama what the rest of us have known for some time: Your bet on electric cars wasn’t an investment, but a gamble; a dumb gamble.

And now you’ve just come up snake eyes.

“Despite the federal government pumping $7.5 billion into the electric vehicle industry in the United States through 2019,” writes the CSMonitor.com, “overall national gasoline consumption is unlikely to be significantly affected, according to a report released by the Congressional Budget Office (CBO).”

The CBO says that even if Obama increased the amount of the subsidy, it...

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