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Tuesday, March 31, 2009

Volt Shock: How do we fight foreign oil dependency in the short term?

The Chevy Volt can't save GM and big battery plug-in vehicles can't save American from foreign oil dependency any time soon. Shouldn't we be doing more to fight foreign oil dependency.How many more oil wars before we're free?

According to Barack Obama's auto task force, GM's Chevy Volt will be too expensive to help GM's viability any time soon. Obviously, if GM is struggling to survive, it can't afford to make too many Volts if it can't make any money off of them.

So, how is the US going to fight foreign oil dependency in the short term?

Recently, Congress enacted tax credits for plug-in hybrids that strongly favor large battery vehicles, such as the Chevy Volt, versus smaller battery plug-in hybrids like a plug-in Prius. Yet, according to the task force, these large battery plug-in vehicles are going to be too expensive to help either GM or America any time soon. Likewise, some studies question whether large battery vehicles are even wise at all.

The point is, doesn't Congress have to do a better job of incentivizing the fight against foreign oil dependency? How many more decades of foreign oil dependency can America (and the world) survive?

Labels: Chevy Volt electric vehicle concept, Foreign Oil Dependency, tax credits

posted by Dahcredyns at 6:32 AM

1 Comments:

Anonymous Anonymous said...

Americans don't really care about foreign oil dependency. It's dangers are so obvious, most Americans would rather just bury their heads in the sand than to realize their day-to-day lives aren't good for themselves or the rest of the world in general.

10:27 AM  

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The Chevy Volt is one of the most fascinating developments in the world of hybrid cars. Technically a series plug-in hybrid vehicle, the Chevy Volt is a game changer. Click here for more information on the Chevy Volt plug-in hybrid vehicle.

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