Tuesday, April 28, 2009

WashPost: Volt Caused GM's woes

Charles Lane is a member of the editorial page staff of the Washington Post. Here are some gems from his screed against the Volt, and electric cars in general, in today's paper:
"GM wouldn't be in quite so deep a hole if it had not sunk a billion dollars, and much of its corporate reputation, into a not-very-realistic plug-in electric hybrid vehicle known as the Chevrolet Volt."
"Unless and until gas prices shoot up, you'd be crazy to buy one of these much-ballyhooed vehicles..."

"To be sure, the green-leaning Obama administration has not ruled out allowing a restructured GM to continue pouring (federal) money into the Volt. But I hope it won't. The Volt and other electric vehicles could gobble up more subsidies than ethanol."

"Indeed, to the extent that we use more electric cars, we reduce the demand for petroleum, which drives down the price of petroleum, which makes electric cars less competitive with gas-burning ones."
Essentially he saying that even the success of the electric car ensures its failure. Wow.

Read the entire (hit) piece here.

1 comment:

ElectricCarsNow said...

I just read a new book called Two Cents Per Mile: Will Obama Make it Happen with the Stroke of a Pen? Simply put, this book shows the open conspiracy going on between the Department of Energy and corporations to prevent the development of 100% electric cars. Big corporations, with the help of the Department of Energy want to move us toward what they call the “hydrogen economy.” This is a dangerous idea and a very expensive one. It takes more energy to extract hydrogen than the energy it produces. This is another ethanol-type dilemma. We will increase our natural gas imports and still be using the internal combustion engine. It makes no sense! The book calls upon the reader to send letters to local, state and federal officials to get us back on track for all electric cars. There are links in the book to customize form letters. If you value America’s future, the environment and are concerned about what kind of world our kids will inherit, you have to check this book out. Read this book and help develop a much greener, much quieter world. http://www.amazon.com/Two-Cents-per-Mile-President/dp/0615293913/ref=sr_1_1?ie=UTF8&s=books&qid=1245854577&sr=8-1