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Al Gore called for a program that would lead to the internal-combustion engine's elimination by 2017. His vision is utterly untethered to reality.
There can be an appropriate place for government subsidies to influence the choice of vehicle fuel technology. But such choices should be subject to rigorous cost benefit analysis with a high threshold for approval.
The private sector is entirely capable of developing EVs and other new automotive technologies without the need for subsidies.
Of all the verses in the "China-is-Awesome" hallelujah chorus, none is chanted louder than the fact that China is leaving everyone in the dust in "green" energy, especially wind and solar power. However, the real action is revealed when the absolute numbers are posted up.
By learning to see themselves as customers and investors--rather than mere users--of roads and highways, Americans should expect to receive a reasonable return on their investment: thorough, effective maintenance of America's transportation infrastructure.
The Keystone pipeline would create 20,000 American jobs and nearly 120,000 indirect jobs as well as increase revenues for state and local governments along its route. It would be senseless to forfeit such a huge economic stimulus with guaranteed job creation and an estimated $20 billion in revenue at a time when 25 million Americans are looking for work.
The Pickens Plan to convert the nation's truck fleet to natural gas contains a clear justification for government involvement--standard setting that the private market cannot do by itself.
Drilling for more oil domestically could lower the cost of fuel at the pump.







