Monday, October 18, 2010

Buy Battery Powered Cars? Not So Fast.

Government subsidizing loans and grants to auto makers - Obama administration to set a goal of 1 million plug in hybrids in 5 years.

The report in Wall Street Journal covers all the pluses and the negatives such as range of travel, actual cost of the vehicle when the subsidizing stops, and cost of gas.

What the report does not mention, the plug in electricity, where is that huge new requirement coming from?
More coal fired plants? Not with this administration. Nuclear power plant, the administration might go for it, but where are they going to locate it?

I feel the most economical and practical move is to work hard on gas powered or diesel engine with zero emission. 

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