"From a purely practical standpoint, the electric car is absurd. If they were produced on a mass basis, they would crash the electric grid -- assuming that the masses could afford to buy them, which assumes a lot. We simply don't have the electric generating capacity to run even one-quarter of the current car fleet on volts, and building the necessary nuclear or coal-fired power plants in five years is also an absurdity. (Don't expect wind, solar, biomass, or anything else to pick up the slack.) If electric cars were produced as just a niche product for the elite (e.g. Goldman Sachs employees), they would soon provoke the resentment of the non-elite left to the mercy of the oil markets."
Peacenik wonders how desperate Ontario is. This is lunacy. This is Social Credit redux. Who in Ontario, other than the bankrupt government, wants to buy a $40,000 electric car? Ontario can't even keep air conditioners running ferchrissakes.
Ontario to offer $10,000 electric car incentive
Ontario's government will announce a plan Wednesday to offer purchasers of electric cars incentives of up to $10,000 in a bid to make the environmentally-friendly vehicles more accessible to the average consumer.
The plan is part of the province's attempts to boost the struggling auto sector and position itself at the forefront of the emerging technology, sources told The Canadian Press.
"It's clear that cars are moving in this direction," a government source said.
Read on...
