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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (100209)1/15/2008 12:00:18 AM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
I know that Chevy and Toyota are introducing plug-ins in 2010. That doesn't eliminate the problem however it is a (long overdue) first step. It's also not clear (yet) what clownsumer acceptance will be like....how many people are willing to drive a car with a range of 40 miles (like the Chevy Volt)?. What impact will manufacturing (and recycling) the batteries for these things have on the environment (i.e, unintended consequences). Not to mention the upgrades needed in the power grid to accomodate 150 million electric vehicles (i.e, who pays?)

One huge irony in all this is that GM had a fully functional electric vehicle in Clownifornia in the 90's, that died due to lack of interest on many fronts (and maybe a little euthanasia applied by Big Oil and the Cali Corporation commission). What the hey, in Sun City old folks toodle around in their golf carts all the time. But they can't tow their boats, or Motocross cycles, or camping trailers behind them!<G> But yes, the obvious direction to wean the U.S. off the foreign oil teat is definitely to move gasoline out of the equation, and electric is the best way to do that. (See I agree with KP, Wheeee!)<G>

If it depends on people buying them, remediation will be very slow (i.e, what happens to the "installed base" of SUV's bought from 1999-2006? It doesn't just go away, it continues to burn fuel until either the last owners can't afford it or they reach the end of their useful lifespan).