Obama to Address America's Energy Plans, Congress Still Hasn't Approved 2011's Energy Agenda
January 24, 2012 12:43 PM
comment(s) - last by
Obama wanted to increase federal subsidies for electric vehicles to almost $590 million, but Congress never gave the green light
U.S. President Barack Obama planned to increase federal subsidies for
to almost $590 million, but Congress has not yet approved this hefty agenda.
The $590 million EV boost was presented in Obama's 2011 State of the Union address, where $200 million of that total would be put toward EV infrastructure development in up to 30 cities. The idea reflected bipartisan bills brought to light in 2010.
"With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015," said Obama in the 2011 State of the Union address. "We've begun to reinvent our energy policy. We're not just handing out money. We're issuing a challenge."
Congress still hasn't approved the policy changes for EVs, according to White House Press Secretary Jay Carney.
"There are absolutely things that remain undone that need to be done that he will call on all of us to work together to get done in this address and beyond," said Carney.
Obama is expected to talk today about an "economy fueled by homegrown and alternative energy sources that will be designed and produced by American workers."
Funding and loans for alternative energy have been scrutinized lately. In October 2011, Mitt Romney, a candidate for the 2012 Republican Party presidential nomination,
blasted the $1 billion in loans given to Tesla and Fisker Automotive
. That wasn't the first time he criticized aid to the auto industry, though. In 2008, he disagreed with former U.S. President George W. Bush's decision to give bailouts to U.S. automakers.
In September 2011, Rep. Mike Kelly (R-PA), a Hyundai and Chevrolet dealer, suggested killing off the $7,500 tax credit for EVs entirely.
"The bottom line is, while our nation borrows 42 cents on every dollar, taxpayers are paying for an electric vehicle tax credit that has cost tens of millions of dollars, and that largely benefits upper-income Americans," said Kelly.
Obama, however, planned to convert the $7,500 federal tax credit for EVs into a rebate that would be given to customers upon purchasing an electric vehicle. He made this announcement in January 2011.
To make matters worse, EVs have been placed under the spotlight due to recent battery troubles associated with General Motors' Chevrolet Volt. The National Highway Traffic Safety Administration conducted a series of tests in May and November last year where three separate
Volt batteries sparked or caught fire
after side-impact tests.
Electric vehicles are not the only targets for alternative energy-related criticism. Back in September 2011, Silicon Valley-based solar panel company
Solyndra went bankrupt
after receiving a $535 million loan from the Obama administration in 2009. The move was set to stimulate economic growth through environmentally friendly jobs, but government employees warned back in 2009 that Solyndra would indeed go bankrupt in a matter of two years. The loan pushed through anyway in order to meet political deadlines.
The Detroit News
This article is over a month old, voting and posting comments is disabled
1/28/2012 8:19:55 AM
Wow.. so you'd expect that if you could charge a car in 6 minutes, and you might want to have 3 cars, it would be ridiculous not to be able to quick charge, all 3 cars, in those 6 minutes, at the same time and... at home?!
I don't think the idea was ever that you can quick charge at home - even now usually people don't pump gas at home...
The idea should be:
- you can slow charge, usually: overnight, at home; during the day, at work; or partial charge, when doing whatever for a few hours, like: shopping / sports events / ...
- you can quick charge at an "electric pump station" in whatever amount of minutes and... pay for that, of course;
Also note that most people might not know but Nissan (Leaf) advises that "quick charging" should not be done more than 1 time per day. And that is another problem as you'd be limited to 300 miles in 1 trip, and then stop for a slow charge (1 day or 1 night).
The fact that you change systems does not mean you will get a better system in every thing. It is better in some things, and worse in others. This means it is not for everyone, even not for most people, but for a few.
Now if you agreed it is "not for most people", than you must agree that it is for less than most (in other words: <49%). But I guess we can agree that, that value wouldn't be reasonable (yet), so lets say 5%?, 3%? Well, even at 1% that would still make it a viable car for millions.
"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer
Some Chevrolet Dealerships Passing on Volt EVs After Fire Concerns, Dwindling Customer Interest
January 23, 2012, 5:07 PM
California Moves to Put 1.4M Zero Emissions Vehicles on Roads by 2025
December 15, 2011, 1:47 PM
Romney Blasts EV Loans, Auto Bailout; Gets Big Money From Bailout Banks
October 26, 2011, 12:08 PM
$500 Million Wasted on Bankrupt Solar Panel Company; White House was Warned
September 14, 2011, 4:22 PM
Volkswagen e-Golf Priced from $35,445, Offers Up to 90-Mile Range
August 25, 2014, 12:35 PM
Owner of "Decepticon" Maserati Ordered to Appear in Court This Thursday
August 25, 2014, 7:55 AM
Watch Out Valets, Corvette is Offering "Baby Monitor for Your Car"
August 19, 2014, 5:05 PM
GM Concedes That the Cadillac ELR Doesn’t Really Compete with the Tesla Model S
August 15, 2014, 5:42 PM
Ford Partners with DTE Energy to Deploy MI’s Largest Solar Installation
August 14, 2014, 10:57 AM
Thanks to Support from Dealers, Pennsylvania Paves Way for Tesla Direct Sales
August 12, 2014, 10:17 AM
Most Popular Articles
Numerous Leaks Detail 4.7" iPhone 6 Processor, RAM, Cellular and NFC Capabilities
August 29, 2014, 10:37 PM
Windows 9: "Upgrade Now" Button Coming for Enterprise Updates, ARM Preview in H1 2015
August 26, 2014, 8:00 PM
L.A. Unified School District’s Apple iPad Contract Canceled Following Heavy Criticism
August 26, 2014, 12:37 PM
Apple Builds Not-So-Secret Secret 3-Story Tower for iPhone 6/iWatch Unveil
August 28, 2014, 3:41 PM
Netflix Accuses Comcast of Ripping Off Customers, Files to Block Merger
August 26, 2014, 5:49 PM
Latest Blog Posts
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information