20 Apr '11, 4pm

How Much Does an Electric Car Really Cost?

How Much Does an Electric Car Really Cost?

Detroit's the Motor City. California's car culture is unsurpassed. But when the electric car industry staged an "innovation motorcade" of electric cars and trucks today, it did so in Washington, D.C. -- fittingly, because, without the government, there would simply be no electric car industry. Indeed, the market for electric cars is so distorted by government subsidies that it's all but impossible to determine the true cost of an electric car. Notice that I said cost and not price; there's a difference, and it's relevant to any conversation about business and the environment. Coal-powered electricity is cheap but the price doesn't reflect the costs of burning coal, including lung disease, mining accidents and greenhouse gas emissions. (See "Fossil Fuels: A Legacy of Disaster " from the Center for American Progress.) Hamburgers are cheap but the true cost of beef includes m...

Full article: http://www.greenbiz.com/blog/2011/04/20/how-much-does-ele...

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