Quote:
Originally Posted by PBzeer
What do relative costs have to do with a massive federal expenditure to create a market that doesn't exist ? Other than the fact it totally ignores the relative costs?
It wasn't government that made coal the fuel of choice, nor oil when it replaced coal. If the current situation shows us nothing else, it's what happens when government tries to make something "affordable". Right now, alt fuels aren't, and nothing the government can do, will make it a better value than oil. The market will decide that.
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Exactly. Why else would the europeans continue to develop and manufacture new gas and diesel powered cars instead of electrics, even though fuel costs have been double to triple what we pay in the US for decades? Because it's not economical and practical, that's why.
When there's a market for it, car companies will develop it.
Since a very small percentage of our electric power comes from oil, putting up solar panels and windmills will do little or nothing to reduce foreign oil. It really just comes down to cars, and throwing tax money into wind and solar power will do nothing for it.