Tax credits for plug-in conversions - Another congressional failure?
More proof Congress is inept?In my opinion, Congress was very motivated by the Chevy Volt when it came up with its tax credit plan for battery-powered vehicles. GM is an important American company, so this protectionism isn't surprising.
Yet, already, plug-in hybrids and other electric vehicles have caused some auto analysts to question the importance of automakers as we head into the future. If the future of the automobile is electrification, then the most important technology for that future is batteries. Those whom control this technology might just be the drivers of the future's auto industry.
Today, there are hundreds of hybrid vehicles that have been converted into plug-in hybrids via A123Systems - also an American company. Why not reward a company like A123 for these conversions? With hundreds of thousands of hybrids - plug-in conversion ready - on US roads now, A123 would be in a position to become a major player in the electric future TODAY if the government provided tax incentives for conversions.
But why do today what you can always do tomorrow, right?
Labels: a123 systems, GM, hybrid tax credits, Hybrid Vehicles, plug-in hybrid vehicles
posted by Dahcredyns at
8:36 AM
2 Comments:
How crazy is this? How far do we how have to go to really get change in this country?
Federal Court Blocks Implementation of NYC Fuel-Efficient Taxi Program
I guess we have to go pretty far. And, I'm worried this could be a trend. Now that we're in a recession, or heading into a recession, there are going to be even more financial problems, in addition to all the ones we are currently facing. If new alternative energy programs are seen as a tax to average Americans, there will be a lot of resistance in a weak economy.
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