Subsidy-powered vehicles

Even with modern technology, electric cars are not capable of satisfying consumer desires. Policymakers should end their wasteful counter-market pursuit of vehicle electrification.

Environmentalists have long wished for the electrification of passenger vehicles. As Professor Vaclav Smil points out in Energy Myths and Realities, both Thomas Edison and Henry Ford labored mightily to make that happen:

Few people believed more strongly in the eventual dominance of electric cars than Thomas Edison, the inventor of the modern electric system. This conviction brought about one of the most consequential partings in the history of technology. Henry Ford was hired as the chief engineer at Detroit Edison Illuminating Company.

Edison would, in fact, spend more than ten years trying to develop a battery that could compete with a gasoline engine. Alas, he didn’t find one. That did not dampen enthusiasm for electric cars, however.

The full text of this article is available on The American website.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Kenneth P.
Green

What's new on AEI

Making Ryan's tax plan smarter
image The teacher evaluation confronts the future
image How to reform the US immigration system
image Inversion hysteria
AEI on Facebook
Events Calendar
  • 25
    MON
  • 26
    TUE
  • 27
    WED
  • 28
    THU
  • 29
    FRI
Wednesday, August 27, 2014 | 3:00 p.m. – 4:15 p.m.
Teacher quality 2.0: Toward a new era in education reform

Please join AEI for a conversation among several contributors to the new volume “Teacher Quality 2.0: Toward a New Era in Education Reform” (Harvard Education Press, 2014), edited by Frederick M. Hess and Michael Q. McShane. Panelists will discuss the intersection of teacher-quality policy and innovation, exploring roadblocks and possibilities.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.