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

PhillupSpace2 Wrote: Dec 07, 2012 4:25 AM
Just trot down to DMV to renew your Volt license for a year and the renewal fee is $2600.00 to cover the value tax on your $40,000.00 compact and must cover the 57 cents a gallon you avoided in road use, ethanol, Federal, State, county/city and Carbon tax. Then, there is the prorated $1,000 HAZMAT disposal fee for when the battery has to be replaced! Some states will probably require a disposal deposit to make sure you don't fire up your back hoe and bury the sucker on the south 40! Shouldn't there be a HAZMAT sticker required, like when you ship batteries or other Hazardous material.? Can't you just imagine the scene when a Volt gets hit by AMTRAK and the area is designated a Superfund site?

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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