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Friday, April 09, 2010

Plugging in is America's best chance forward?

The Electric Coalition claims the US would reap huge economic benefits from electrification of the automobile, yet America will be foreign oil dependent for at least 3 more decades. Couldn't natural gas be a great interim solution?The Fisker Karma plug-in hybrid

According to The Electric Coalition, if the US set in motion a plan to be 75 percent EV by 2040, that plan would result in massive job creation, a smaller deficit and an increase in household wealth. Obviously, and of course, the plan would require significant targeted incentives for the purchase of plug-in vehicles, infrastructure, etc.

Sadly, however, the report also shows that the US is probably going to be dependent upon foreign oil for a very long time forward, regardless of whether this plan is put into motion or not.

If true isn't this also more proof of the importance of natural gas, purely as an interim solution, particularly if new horizontal drilling techniques can be proven groundwater safe? Ultimately, it seems natural gas could provide many of the same economic benefits as this EV plan, but sooner. Couldn't that more immediate savings then help fund this EV plan?

Inevitably, it is going to take more than 3 decades for electrification to completely displace the need for America's foreign oil dependence. Can't we do more in the interim to facilitate this plan?

Labels: electric cars, natural gas, plug-in hybrid vehicles

posted by Dahcredyns at 8:24 AM

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