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Is the Federal hybrid vehicle tax credit protectionist, anti-capitalistic, anti-American legislation? Let's extend tax credits for Toyota hybrid cars.

Is the Federal hybrid tax credit protectionist, anti-capitalistic, anti-American legislation?

Wednesday, January 17, 2007

Why not help Toyota produce as many hybrid cars as possible?

GM's future is now the Volt and even though GM doesn't like to admit it, the Volt is a hybrid vehicle. Consequently, the near future is ALL ABOUT hybrid vehicles - at least if you care about the environment or foreign oil dependency.

Every other automaker in the world will either have to develop hybrid cars, or something far better, or the world can to wait 20 to 30 years for the possibility of fuel cells and hydrogen.

Why? Why isn't America putting as many hybrid vehicles on the road as possible?

Recently, I was in Detroit, sponsored by GM to attend the launch of the Volt plug-in hybrid. During my time there, I met several wonderful executives, including Beth Lowery, V.P. in charge of environmental matters for GM and even Bob Lutz. These GM executives made me change my view about GM. Moreover, in addition to these execs I met many more less-than-VP GM employees, and they made me proud to be an American and proud of GM. (Read my thanks to GM post for more).

The Hybridcarblog has spent much of its editorial time persistently attacking GM and the Big 3, and I will continue this approach if necessary. Still, more than ever, I want the Big 3, particularly GM and Ford, to succeed. I think their success is vital and essential for America.

Nonetheless, I want to end foreign oil dependency more than I want to help GM and Ford. I desperately want to take the power away from madmen like Hugo Chavez and Mahmoud Ahmadinejad, and ending our reliance upon oil is the best way to make that happen. More important, I want America to lead the world in the development of the most sophisticated automotive technologies - something America IS NOT doing today.

At NAIAS Beth Lowery expressed to me the great importance of R&D and manufacturing incentives for lithium-ion technologies, and I absolutely support the Big 3's request for government incentives to develop advanced battery technology. In fact, I think Congress is stupid and has been stupid for not addressing this immediately. Still, competition - better than any other factor - will light the fire under the ass of not only the Big 3, but of Congress, and the best way to breed competition is the success of your enemy.

Extend tax credits for Toyota hybrid vehicles. Let's put as many hybrids on the road as possible, regardless of which automaker is making them - it's the best thing for America. Advanced hybrid technology can end foreign oil dependency and significantly reduce the need for any liquid fuel, all while taking automakers step-by-step closer to fuel cells. So, let's - We The People - make automakers act. There is simply no excuse not to move forward.

Inevitably, Toyota's success will only push every other automaker to move from the status quo into the future - with great haste. So, let's push Congress to extend Toyota's hybrid tax credits.

posted by Dahcredyns at 4 Comments

Diane said...

Years back, GM came up with energy-sufficient, ekectric-run EV-1's until the oil companies felt they were being threatened by the rise of EV-1's, so GM had to interevene them.

I think the reason why the American gov't doesn't try hard enough is because they're addicted to oil.

10:29 PM  
dear ol dad said...

A few weeks ago way down in the Anza-Borrego Desert of Southern California, I had my first opportunity to drive a Prius. My overall impression was that we need more of these things on the road, no matter who makes 'em.

Since I normally drive an old Dodge pickup, I was mightily impressed with the smooth ride. But the quiet of the electric motor really got to me.

The quiet was spoookie!

12:26 AM  
Evangelist said...

I love the looks of the Honda Civic Hybrid. Why do most Hybrids have to be ugly?

Hey check out my blog.

6:13 AM  
ecog said...

The federal tax credit is not big enough in my opinion. It does not apply to leases. And it does not make the Prius the same proce as, say, the Corolla.
Harald Mackenzie

10:04 AM  

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