Automotive Update

In the future, if battery technology can see better, more efficient and cheaper, we get a percentage of cars on the road that are fully electric. Of course, the future is not there yet and we have serious shortages when it comes to rare earth elements and rare earths and some technological challenges. Finally, the barriers will be uneventful, but today, these technologies are just too expensive to compete with our current cars.

Is it any subsidies to companies like to give them a head start and helps them get closer to the realization of these technologies and market viability and acceptance? Some believe that we should be ready and there are many gurus of alternative energy, tax credits, subsidies, capital grants and donations, where ever and who is also giving more willing to accept.

There was an interesting article recently on SlashDot, entitled “State-funded electric car company goes out of business: writing skills of the Soul July 20, 2011, he quotes:” TheCarChik “which began;

“Look at the collapse yesterday of green cars are an object lesson as to why this is a bad idea for cities to invest in risky start-up car, perhaps especially for start- up electric car. Even those companies with a viable product have seen a fair share of financial difficulties to sell, but not even clean vehicle product in a fire sale. The city of Salinas, California, this lesson to close the doors a green car will cost the city more than $ 500,000. “

Okay, so here’s another company that could not do in the real world with the seed capital tax dollars. In fact, these stories are so typical and common, they are almost predictable. And so, perhaps we need to check this pre-tax payers money for us to talent, will be given or loaned to allow for alternative energy projects, projects political animal, or those of alternative energy promotion, and global warming CO2 as a kind of new age religion.

The question might be, all these companies were profitable in the first place, or just want to invite socialist utopia? I have no doubt that such projects often create jobs in new clean, green economy, it is not charged, but it seems like a true blue capitalist, if a company, every business starts on the wrong foot with a faulty business plan in hopes of changing the world continues to deny the realities of the market, perhaps the voters should, taxpayers and citizens who simply stand up and say no thank you.

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