Friday, 4 June 2010

Electric vehicles becoming much more viable

Critics of electric vehicles maintain the technology is too expensive and too limited to ever make EVs as practical as vehicles using petroleum products for fuel.
Up to a point, the critics are correct. And the oil industry, with loyal allies in the news, media has artfully played on the concerns about alternative energy. But the huge and unchecked spill of oil in the Gulf of Mexico by British Petroleum underscores “Drill Baby Drill” was certainly a clever slogan, but never a practical solution to the U.S. energy woes, starting with the overwhelming dependence on imported oil.
The idea the oil industry, which is heavily subsidized by the U.S. government through tax breaks and cheap mineral leases, could find enough petroleum in our own backyard to meet everyday needs is limited by technology and cost. The oil barons also have been able to use their enormous political clout to push for special benefits — or bailouts — whenever they have needed them in the past.

Read full article @ http://www.evhub.in/news/49

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