Obumbles Abandons Electric Car Goals...

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Obumbles Abandons Electric Car Goals...

Post  News Hawk on Sat May 23, 2015 1:30 pm

OBAMA ADMINISTRATION SCALING BACK ELECTRIC CAR GOALS

Plans "Adjusted"...

Laughing


President Barack Obama has adjusted his goal of having 1 million plug-in vehicles on the road by this year's end, much to the disappointment of many electric vehicle enthusiasts.

The change of heart comes six years after Obama signed an executive order mandating electric cars with the intent of the government buying 1 million EVs by 2015, according to Bloomberg. However, the president scaled back this objective in March, due to sales and government purchases not meeting expectations.

The decline in consumer interest in electric vehicles, which lack the infrastructure that gasoline-powered vehicles have, played a significant role. U.S. consumers bought about 290,000 electric and hybrid cars from 2009 to 2014, which only account for 3 percent of overall sales.

"The zealots, the hypesters, the enthusiasts created an environment that wasn't ever going to be a reality," said Brett Smith, a program director for the Center for Automotive Research in Ann Arbor, Mich. "This got going in the summer of 2008 when gasoline was $5 a gallon in California. The world expected gasoline prices to go up and technology to solve it. Two of those things didn't happen."
Auto World

Stalin's "Central Planning" failed in the USSR—why should it work here, when it's the Market that determines value?

scratch

.

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Re: Obumbles Abandons Electric Car Goals...

Post  News Buzzard on Sat May 23, 2015 1:52 pm

Petroleum is still a finite source, but you don't really give a crap because you're in the 4th quarter of your life. I think the hybrid and electric technologies are wonderful, but the reality is that gasoline dropped a buck a gallon.

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Re: Obumbles Abandons Electric Car Goals...

Post  News Hawk on Sat May 23, 2015 3:09 pm

News Buzzard wrote:Petroleum is still a finite source, but you don't really give a crap because you're in the 4th quarter of your life. I think the hybrid and electric technologies are wonderful, but the reality is that gasoline dropped a buck a gallon.

Yeah?

Watch what happens in California:

No state has seen gasoline prices rise as sharply as California. The average price of gasoline in California is $3.78, and that average has spiked by 68 cents per gallon in just one month.
http://www.usnews.com/opinion/economic-intelligence/2015/05/13/california-gas-prices-are-the-highest-in-the-us


http://www.usnews.com/opinion/economic-intelligence/2015/05/13/california-gas-prices-are-the-highest-in-the-us

California—the land of 111 Billionaires...







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