Archive for the ‘Cap and Trade’ Category

GAS AND ELECTRIC

September 5, 2014

Oh, how can this be? Electric vehicle sales are not meeting projections made five years ago. And that is different from this administration’s lies and propagandistic prophecies about the economy in general, global warming, jobs, education, health, etc…how?

Huge subsidies couldn’t drive sales for some of the overpriced vehicles and get some of them on the road. The marketing idea is that if others are driving them, more people will feel inclined to join the movement. That strategy works well in so many areas, how could it miss?

In order to get some rolling, the federal government borrowed money from other countries for “We the People” to repay through higher taxes. Then, they gave it to their favorite green companies and car companies developing electric automobiles. Next, they gave the car companies some more money for every car sold to offset the excess consumer price and bring it in line with marketable personal transportation. Lastly, because sales still did not appear, there were tax incentives to the buyers just to get some of the cars on the streets.

Remember the release of the Chevy Volt? They were rusting on dealer lots because, in spite of millions of dollars granted to GM for research and development, the automobiles were not price competitive. Give-away lease payments (about $225 per month) allowed a lucky few the opportunity to drive one for two years. None the less, it wasn’t until the Pentagon purchased 1,500 that sales began on the car that cost us, you and me, an estimated $89,000 to produce. That surge was short lived.

In a recent Los Angeles Times article, Charles Fleming wrote “Electric vehicle sales are slow, or even stagnant, even during a record August sales period. Stable gas prices seem to have discouraged new buyers from considering the switch to electric.”

Stable gas prices? They may not be rising as fast as Obama would like, but they still remain twice what they were five years ago. Is that the only answer, or could it be that even the environmentalists who pushed for green cars have finally opened their eyes?

Yes, gas prices are high and internal combustion engines do pollute. However, in January, 2008, Barack Hussein Obama promised, “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”

If you take that to heart, you might understand that getting from point A to point B in electric autos is about to get disproportionately expensive. Realistically, the current cost per mile for electric or gasoline driven autos is about the same. Hybrids, however, are proving to be more economical.

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