All Electric Cars Are America’s Future, Or Are They?

In the future when battery technologies get better, more efficient, and less expensive we may see a percentage of cars on the road which are all-electric. Of course, that future isn’t here yet, and we have some serious problems with scarcity when it comes to REE’s or rare-earth-elements, and several technological challenges out there. Eventually those hurdles will become uneventful, but today these technologies are simply too costly to compete with our current automobiles.
Should we then subsidies such companies to give them a head start, assisting them on moving these technologies closer to fruition and marketplace viability, and acceptance? Some believe Information Technology Company we should and there are plenty of alternative energy gurus willing to accept tax credits, subsidies, capital, and donation grants from where ever and whomever is willing to give.
There was an interesting article recently on SlashDot titled “Government Funded Electric Car Company Goes Out of Business: which was posted by Soulskill on July 20, 2011 as he quoted “TheCarChik” who started;
“Consider yesterday’s collapse of Green Vehicles an object lesson in why it’s a bad idea for cities to invest in the risky business of start-up car companies, perhaps especially start-up electric car companies. Even such companies with a viable product Types Of Computer Software have seen their fair share of financial trouble, but Green Vehicles did not even have a product to sell off at a fire sale. The City of Salinas, California learned that lesson as Green Vehicles shut its doors, costing the city more than $500,000.”
Okay so, here is another company that couldn’t make it in the real world even with the taxpayer’s seed money. Indeed, such stories are so typical and common, they are almost predictable. And thus, perhaps we need to consider this before we allow tax payer’s money to be gifted, granted, or loaned to alternative energy projects, political pet projects, or those who promote alternative energy, and Global CO2 Warming as some sort of new age religion.
The question might be; were any of these businesses viable in the first place, or just fantasy laden socialist utopian dreams? I do not doubt that such projects are often billed as job creators in the new clean and green economy, the one that doesn’t exist, but it would seem to me as a true blue capitalist that when a company, any company, starts out on the wrong foot with a faulty business plan hoping to change the world yet denies the market place realities that perhaps, voters, taxpayers, and citizens ought to simply stand up and say; no thanks.
Indeed, I hope you will please consider all this and think on it.

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