Thursday, December 06, 2007

Hybrid vehicles dissed by Energy Bill?

$100 million per year for hybrids and electrics?

At first glance one might think the proposed energy bill coming out of Congress includes some great incentives for advanced technologies, such as hybrid cars, plug-in hybrid vehicles and electric cars, but if compared to corn-based ethanol, the numbers are pathetically low. Finish.....

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Blogger Dahcredyns said...

Full Story

At first glance one might think the proposed energy bill coming out of Congress includes some great incentives for advanced technologies, such as hybrid cars, plug-in hybrid vehicles and electric cars, but if compared to corn-based ethanol, the numbers are pathetically low.

About $100 million will per year will be invested into battery research that will power the next generation of hybrid cars, plug-in hybrid and other electrically-driven vehicles. Additionally, the bill offers another $993 million in consumer incentives for the same technologies over 10 years, which also equals about $100 million per year.

So, $2 billion dollars for the next 10 years to develop the next generation of automobiles, automobiles that could easily end foreign oil dependency - something that would save the country and tax payers more than $100 BILLION dollars per year. Yet, corn-based ethanol receives billions EVERY year, even though corn-based ethanol almost certainly causes more harm than good.

According to Congress, if the new CAFE plan works perfectly - no loopholes (hah!), we could cut our Persian Gulf foreign oil dependency in half by 2020 - at TODAY's levels of consumption. Considering that America increases consumption, on average, a few percent per year, what is really being accomplished?

Isn't America ready for a vision that rises above maintaining the status quo?

11:19 AM  

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