WSJ came across yesterday with some sobering thought:
“…The Volt’s defenders will shout that the Volt is a blow against terrorism and in favor of energy independence. Two answers: The Volt doesn’t need defenders if it’s a car that consumers want, and that GM can make and sell at a profit. But GM can’t. And it’s doubtful that many of the Volt’s early adopters (aside from a Hollywood plutocrat or two) would be interested in the absence of a giant tax credit of $7,500 per car (paid for by you and me).
The second answer is that even if every American drove a Volt, and every car in America was a Volt, it would not appreciably change the global challenges we face. Oil would remain an immensely versatile commodity, and Middle Eastern countries (which have the lowest production costs) would continue to reap large revenues…”
Chevy Volt Truth — 20 Oct 10
Ulp… More Chevy Volt Truth …20 Oct 10