Here's how some people see it, according to Mr Whoriskey's article...
"On Monday, a coalition of companies that includes Nissan, FedEx, PG&E and NRG Energy issued a report calling for billions of dollars in government aid to support the transition of the U.S. vehicle fleet to cars that run on batteries.
"The group is asking for $124 billion in government incentives over eight years including $13.5 billion for tax credits to build public charging stations."
Yes, you read that right - there is a call for 124 billion dollars in "government incentives," including 13.5 billion dollars in "tax credits" to create an infrastructure to charge up electric cars.
Wouldn't you think that such a thing would be a cost of business development for the makers of electric cars? 124 billion tax dollars will equip a lot of schools, buy a lot of health care, and kill a lot of scummy terrorists. 124 billion dollars is a great deal of money, and I don't think it's the business of the government to spend it on an infrastructure that will benefit a particular industry.
Now, one could argue that the government has a vested interest in advancing the development of a cleaner (well, we could discuss that another time) alternative to the internal combustion engine...it would help clean the air, add jobs, etc, etc. But at a time when there's not enough money for much of anything other than bailing out banks and major businesses, is this the right way to spend our treasure? I don't think so.
What do you think?
I'll get a charge out of hearing your answer...let my comment space be your outlet for your thoughts on this pressing current event.
You can even sing "Ohm on the Range" while you type.
Have a good day. More thoughts tomorrow.