In response to:

Even War and Rumors of War Can't Save Chevy Volt

DrFloyd Wrote: Sep 25, 2012 5:30 AM
How can you say electrics aren't a great idea, John? Why in 1905, without question, electric was the way to go. Oops, that was steam.
Greg1084 Wrote: Sep 25, 2012 6:30 AM
Actually, there were electric cars then. You'd think that if the idea were translatable into real world practice it wouldn't be so hard after a hundred years. I think what this means is that electric may not ever be the way to go. Even trains that are electric without wires have a diesel engine to charge their batteries and run the dynamos, and they run on the most friction-free surface there is.

A new Congressional Budget Office report 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 would make little...

Related Tags: Chevy Volt War Rumors