Subsidy-powered vehicles

Even with modern technology, electric cars are not capable of satisfying consumer desires. Policymakers should end their wasteful counter-market pursuit of vehicle electrification.

Environmentalists have long wished for the electrification of passenger vehicles. As Professor Vaclav Smil points out in Energy Myths and Realities, both Thomas Edison and Henry Ford labored mightily to make that happen:

Few people believed more strongly in the eventual dominance of electric cars than Thomas Edison, the inventor of the modern electric system. This conviction brought about one of the most consequential partings in the history of technology. Henry Ford was hired as the chief engineer at Detroit Edison Illuminating Company.

Edison would, in fact, spend more than ten years trying to develop a battery that could compete with a gasoline engine. Alas, he didn’t find one. That did not dampen enthusiasm for electric cars, however.

The full text of this article is available on The American website.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Kenneth P.
Green

What's new on AEI

image Recovering from tax time blues
image 10 welfare reform lessons
image Let HHS nominee Sylvia Burwell explain Obamacare lie
image Why bold ideas backfire in politics
AEI on Facebook
Events Calendar
  • 14
    MON
  • 15
    TUE
  • 16
    WED
  • 17
    THU
  • 18
    FRI
Wednesday, April 16, 2014 | 10:00 a.m. – 11:00 a.m.
Calling treason by its name: A conversation with Liam Fox

Join us at AEI as the Right Honorable Liam Fox sits down with Marc Thiessen to discuss and debate whether America’s intelligence agencies have infringed on the personal privacy of US citizens.

Event Registration is Closed
Thursday, April 17, 2014 | 4:00 p.m. – 5:00 p.m.
The curmudgeon's guide to getting ahead

How can young people succeed in workplaces dominated by curmudgeons who are judging their every move? At this AEI book event, bestselling author and social scientist Charles Murray will offer indispensable advice for navigating the workplace, getting ahead, and living a fulfilling life.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.