How Realistic Is Obama's Call For 1 Million Plug In Hybids And Electric Cars By 2015?
Agent009 submitted on 8/5/2008 Official Bell & Ross Timestamp: 12:04:19 PM
162 user comments | Category: Misc News | Source: | SOURCE: www.hybridcars.com


Kicking off what campaign advisors have dubbed "energy week," Barack Obama today called for an "end to the age of oil in our time.
" He backed up his trademark optimism with the most dramatic auto technology proposals of the 2008 campaign cycle. Obama said he hopes to see 1 million plug-in hybrid and electric vehicles on the road by 2015, a number far beyond the most optimistic forecasts. Obama's vision amounts to more than wide-eyed optimism—or generalized political pandering. Details from an eight-page energy fact-sheet the campaign circulated to the media:
- $4 billion in tax credits to American automakers to retool plants for the production of plug-in hybrid cars capable of 150 miles to the gallon.
- A $7,000 tax credit for consumers who buy early model plug-in vehicles.
- Half of all cars purchased by the federal government will be plug-in hybrids or all-electric by 2012.
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