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Technology Stocks : The Electric Car, or MPG "what me worry?" -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (555)	11/30/2008 11:57:32 AM
From: RetiredNow	Read Replies (1) \| Respond to of 17551

It does seem high risk. However, our government has invested in all sorts of industries that seemed very high risk at first. Science and technology are the keys to our prosperity. We need to get back to heavy government investment in those if we are to build the foundation for a new era of prosperity. Electric cars and renewable energy can be the keystones in that foundation.

To: Glenn Petersen who wrote (555)	11/30/2008 12:18:12 PM
From: Eric	Respond to of 17551

Glen The only thing that will really drive further development of electric cars or for that matter the electrification of trains, ships and aircraft and stationary use of power will be the price of fossil fuels. I think it's becoming obvious to most of us starting way back in 1973 that these fuels are finite and becoming ever harder and thus more expensive per unit of energy to get out of the ground. Frankly I have no confidence that the big three can get us to the future without massive government subsidies and even then other car manufactures could leapfrog them. Tesla developed the Roadster for approximately 1/5th of the cost that the "big three" would spend. That is very well documented. The battery is the weak link currently but very shortly "batteries" will become obsolete. JMHO That will be the necessary giant leap. In the short run nanotechnology could give us a tenfold leap in existing battery performance. The next ten years or so are going to be very interesting. regards