Green Cars for Cheap Gas?
Ford, GM and Chrysler, bailouts and building green cars
By Dennis Avery —— Bio and Archives--December 14, 2008
Global Warming-Energy-Environment | Comments | Back To Full Article
Now we’re going to give Ford, GM and Chrysler billions of dollars so the Feds can order them to build more “green” cars—with gas now costing $1.49 per gallon. How many Americans will pay $30,000 for one of these new high-mileage lightweights instead of getting a family-protective SUV for the same bucks? Or a pickup to pull the boat? At $1.49 per gallon, not many. So Detroit will go broke again, unless the Feds slap on another $3 per gallon in gas tax.
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