Sunday, August 1, 2010

Chevy Volt

The true costs of an American-made electric hybrid are insane. The car will apparently cost just over $80k per unit by the time you factor in subsidies and grants from the federal government. The government is spending more money it doesn't have to fund an electric car as a "green alternative" to gasoline.

Except here's the catch - since about 70% of our electricity is generated from coal which is dirtier than gasoline engines we're not actually helping the environment, but possibly making it worse. Not mention the fact that our nation's electric grid couldn't support a major shift to electric cars. You never hear anyone talk about that on the news!

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