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

Bernard83 Wrote: Dec 07, 2012 8:20 AM
Look folks. Even if the electric cars, any of them, worked well and were desirable and sold for reasonable prices compared to gas powered vehicles, their availability would have little or no effect on fuel consumption in the near future. If fuel prices have to be higher to make electric cars viable or competitive then the people that will be punished are the low income folks that can't afford to buy a 'new car' because they will have to drive used gas powered cars for years to come. The rich will benefit again by taking advantage of the electric car. Moreover a large percentage of our vehicles are trucks (light and heavy) that will never be electric powered. They move our goods and our businesses. When was the last time your plumber showed
Bernard83 Wrote: Dec 07, 2012 10:42 AM
up at your house in a Prius. Nope. Saving the environment is not going to come about by people choosing electric over gas powered cars. It may be saved by people choosing a government that uses 'common sense' to govern rather than political expediency and idealism.

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, “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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