Thursday, September 9, 2010

Washington Post Editors Question Energy Subsidies for the Rich

A recent editorial in the Washington Post, “Low Voltage,” criticized the DOE’s support for a electric car battery plant on the grounds that “electric cars will be far too expensive for anyone but upper-income Americans. The only way to sell them, even to the well-off, will be with a large federal subsidy.”

This amounts to, the editors said, “federally supported income redistribution -- toward the top.“ We couldn’t agree more, but why focus on electric car batteries when the exact same phenomena is occurring with residential solar PV, geothermal and wind energy?

Sourced from the Washington Post,
and the Valley News,

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