Print 106 comment(s) - last by kyleb2112.. on Nov 8 at 7:11 AM

Obama called on Republicans to back EV efforts at a post-election press conference.  (Source: YouTube/The White House)

In his speech Obama essentially agreed to drop plans to legislate cap and trade, an "anti-global warming" scheme that would have cost over $1T USD and cut American farmers profits by as much as 57 percent by 2035.  (Source: FreePeople Blog)

He hopes that in exchange for cooperation on warming, Republicans will contribute financial support to EV makers like GM, who launches the Chevy Volt EV this year.  (Source: Pablo Martinez Monsivais, AP)
President essentially agrees to drop warming cap and trade carbon legislation in exchange

Speaking at a post-election press conference at the White House on Wednesday, U.S. President Barack Obama called on his political rivals the Republican Party (also know as the GOP, short for Grand Old Party) to join him in supporting electric vehicles.  He said that while the pair sparred on many issues, that he hoped electric vehicles would be something that the two parties would see eye to eye on.

The President will need GOP cooperation if he hopes to push further grants for the EV industry.  While the Democratic Party hung on to control of the U.S. Senate, Republicans seized a majority in the U.S. House of Representatives.

Obama is trying to sell Republicans on his plan to push one million electric vehicles onto U.S. streets by 2015.

Automakers have been partially supportive of Obama's plan.  They've lauded the $5B USD in special battery and EV technology loans and grants that he's lavished them with.  The legislation to fund these grants did enjoy a degree of bipartisan support, with some Republicans jumping on board.

However, $10B USD more in proposed EV loans and grants for the EV industry was torpedoed during President Obama's first two years in office.  Opposition came primarily from the Republican party, but also from some fiscally conservative Democrats.

Obama tried to drum up support for more EV grants among both parties at the conference, stating, "There's a lot of agreement around the need to make sure that electric cars are developed here in the United States, that we don't fall behind other countries.  That gives opportunities for Democrats and Republicans to come together."

Many of the big Japanese and U.S. automakers are preparing to release electric vehicles this year or next.  Nissan will release its LEAF EV and General Motors Company will release the Chevy Volt.  Next year the Ford Focus Electric and the Toyota Prius Plug-in will launch.

Automakers have asserted that grants will be greatly helpful in ensuring that the expensive research needed to develop electric vehicles -- a radically different internal architecture -- moves head at a sufficient pace.  

But while they have praised the "carrot" side of Obama's EV approach, they have noisily criticized the "stick" side of his plans -- a proposal to mandate a 62 mpg average light vehicle efficiency by 2025.  Automakers were forced to begrudgingly accept a 34.1 mpg mandatory fuel efficiency increase that must be reached by 2016.

Perhaps acknowledging that he faces an uphill battle to pass more electric vehicle legislation, Obama took an apologetic tone about the broader bailout, stating, "[Some voters] started looking at all this and it felt as if government was getting much more intrusive into people's lives than they were accustomed. We thought it was necessary, but I'm sympathetic to folks who looked at it and said this is looking like potential overreach."

Very significantly, the President also essentially agreed to drop plans to pass "cap and trade" legislation which would spend billions (if not trillions) in taxpayer money to set a hard limit on the amount of greenhouse gases companies can emit, in a bid to fight the supposed "global warming" crisis, which some researchers claim mankind is causing.

The President acknowledged that the bill wouldn't pass the House due to Republican opposition and argued that he only tried to push it because of the Supreme Court decision that found greenhouse gases a danger to public health.  That decision mandates the EPA to adopt some sort of action to fight GHG emissions in the U.S.

Obama said that there's plenty of alternatives to cap and trade, though -- including promoting lower-emission EVs (centrally produced power, even with transmission losses is typically lower emissions than small internal combustion engines).  He states, "Cap and trade was just one way of skinning the cat; it was not the only way. It was a means, not an end. And I'm going to be looking for other means to address this problems."

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RE: Slight adjustment
By Reclaimer77 on 11/4/2010 4:58:00 PM , Rating: 4
While the number of seats that went Republican was high, the percentages would not call it a landslide. A 45% to 55% loss may be a loss of a seat, but that isn't a huge win when that is a difference of only 6000 votes or less between candidates. There were many more 48 to 52 type of Democratic losses than there were BIG wins.

Hear that at MSNBC? I know the race to downplay the scope of the Democratic defeat is on, but you have got to be kidding me. This was a landslide, no way around it. The biggest landslide in 60 something years! Not just in Congressional seats, but 20 State legislatures that were controlled by Democrats flipped Republican. The Democrats lose control of 20 states overnight and a truckload of Congressional seats, LOSE the Speaker of the House, and you say it's not a landslide?

You can play the percentage game all you want, it's laughable. No matter who wins, in a sport or politics or business, there is always one bitter guy bringing up massaged statistics as to why the other side didn't really "win". Congratulations, you're that guy.

RE: Slight adjustment
By rdawise on 11/4/10, Rating: -1
RE: Slight adjustment
By Nfarce on 11/4/2010 8:25:29 PM , Rating: 2
Funny how you refer to the other guy as bitter.

Well when the Dems - who rammed through a LOT of things American vehemently rejected mind you (starting with Obamacare) - trot out the lawsuit machine because they lost, what else would you call it other than being bitter?

And here's something so many on the left seem to just not seem to get through the propeller on top of the beanie cap: America does NOT want socialism and government nanny-statism telling them what do drive, what to eat (that's you Michelle Obama), and telling them what kinds of light bulbs to use.

And you can include the hyper EV wave, Cap & Trade, and other "green" nonsense government (at least under Dem rule anyway) is/was attempting to ram down our gullets and the gullets of US corporations and private enterprise.

So yes, Politics IS a part of this thread and many others. Wasn't Obama mentioned in the freaking title?

Thought so.

RE: Slight adjustment
By Reclaimer77 on 11/4/2010 9:02:36 PM , Rating: 2
Hear that at Fox News? This is nowhere near the shift the occurred in the early 90s.

Yes it is. I don't know why you people keep repeating this, or do you just pick it up on TV and run with it? The 90's? This was the biggest partisan shift in Congress since 1948! This stuff is easy to look up, so do it. Stop being ignorant.

RE: Slight adjustment
By 91TTZ on 11/5/2010 11:20:56 AM , Rating: 2
Hear that at Fox News? This is nowhere near the shift the occurred in the early 90s. I am not sure if you are new to politics or not, but this happens every election cycle.

I heard the same thing on CNN.

RE: Slight adjustment
By Nfarce on 11/4/2010 8:15:17 PM , Rating: 2
Don't forget that massive beatdown of Republican gain on Governorships, RC77. Don't forget that.

"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007

Most Popular Articles5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Laptop or Tablet - Which Do You Prefer?
September 20, 2016, 6:32 AM
Update: Samsung Exchange Program Now in Progress
September 20, 2016, 5:30 AM
Smartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki