'In the end it's not the years in your life that count. It's the life in your years.'
- Abraham Lincoln -

Saturday, January 28, 2012

Money Down The Rat Hole

How much longer are we the taxpayers going to continue to pour money down this drain? Apparently a lot longer than those in Britain are prepared to do.
Revealed: There are more charging points than electric cars in UK as sales slump
London Daily Mail

Sales of electric cars have slumped so badly that there are now more charging points than vehicles on the road.

Just 2,149 electric cars have been sold since 2006, despite a government scheme last year offering customers up to £5,000 towards the cost of a vehicle.

The Department for Transport says that around 2,500 charging points have been installed, although their precise location is not known.

The high cost of electric cars has put many off. The Nissan Leaf still costs £25,990 even after the £5,000 grant has been deducted.

Electric cars are also only suitable for short journeys, with a maximum range of around 100 miles on a full charge.

It's a similar story in the U.S., with Nissan selling 10,000 Leaf cars last year - compared to almost 13million new vehicles every year, The Sunday Times reported. [link]
You can't really blame Nissan or GM or the other car makers for this.  As long as government is throwing them free money, they're going to provide that which the free money gets them more free money.

But there'll come a day when the fools who run government are told by taxpayers - in no uncertain terms - Stop the madness.

For madness it is.