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The electric car!

“The bill takes a few shuffling steps in that direction. It calls on the Energy Department to create a national plan for deploying electric vehicles. It allows electricity to count as an alternative vehicle fuel. It provides grants to local communities that set up their own plug-in networks. It also calls for a whole flurry of studies on things like identifying the raw materials needed for plug-in technology (no doubt with an eye on China’s announcement that it will cut exports for rare-earth metals like lithium, which are crucial for batteries). All told, there’s only $400 million in the bill for electrification, compared with $6 billion in tax incentives for the purchase of natural-gas vehicles. Still, it’s a start.”

— via.

  5:21 pm  |   July 27 2010  

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twentyten by Justin Waggoner