53°F
weather icon Clear
Filters Reset
1 - 2 of about 2 Results
Content Type
Categories
Year
Month
older archives
Power play: Electric car subsidies a bad deal for taxpayers

Envisioning cars that can go “coast to coast without using a drop of oil,” President Barack Obama last week urged Congress to authorize an additional $2 billion over the next decade to expand research into weaning automobiles off gasoline. “The only way to break this cycle of spiking gas prices — the only way to break that cycle for good — is to shift our cars entirely, our cars and trucks, off oil,” the president said.