Monday, August 2, 2010

Electric car: more subsidy - more sprawl - more climate change.

Giving impetus is President Barack Obama’s vision to see one million plug-in hybrid and electric vehicles on America’s roads by 2015. Last year the American Recovery and Reinvestment Act allocated US$2 billion for development of electric vehicle batteries and related technologies. The Department of Energy added another US$400 million building the infrastructure necessary to support plug-in electric vehicles.

Close on the US’s heels, Prime Minister Gordon Brown announced that the British government will promote the use of electric vehicles in the UK by offering a £2 000 subsidy to purchasers. A high-ranking government official estimates that 40% of all cars in Britain will need to be electric or hybrid for the country to reach its goal of cutting 80% of its CO2 emissions by 2050. DieselDriveMag