Saturday, August 4, 2012

TAXPAYERS ON HOOK FOR $43 BILLION ON ELECTRIC CAR BATTERIES

Energy Dept. Spends $43 Billion on researching better electric car batteries
Daily Caller – Paul Conner – 8/2/2012
In a press release describing the projects, the Department of Energy admitted that the research and development done through its Advanced Research Projects Agency-Energy (ARPA-E) is not market-driven because the projects are too risky for private-sector investment.

“This latest round of ARPA-E projects seek to address the remaining challenges in energy storage technologies, which could revolutionize the way Americans store and use energy in electric vehicles, the grid and beyond, while also potentially improving the access to energy for the U.S. military at forward operating bases in remote areas,” Secretary of Energy Steven Chu said in a statement.

READER COMMENT: Right around 1900 an electric car was built that the exact same range as obama motors volt. In over 100 years they have not even doubled the range or for that matter improved it much. It has always been about the battery- how much energy it can store, how fast it recharges and how long until the entire battery must be replaced. In trying push technology before it's time, you will make it so that if and when you do have a real solution, people will be MUCH slower to adapt.

Northwoods Patriots - Standing up for Faith, Family, Country - northwoodspatriotscomm@gmail.com

No comments:

Post a Comment