Electric Car Deployment Unlikely to Meet Expectations
The NYT is reporting on a soon-to-be-released report from CERA (IHS Cambridge Energy Research Associates) concluding that plug-in electric vehicles may not be the panacea hoped for by the Obama administration. One of the reasons that wind power may not be the silver bullet for reducing emissions related to these vehicles: "Moreover, CERA believes that increasing production from large U.S. shale gas resources will restrain the cost of natural gas-fired generation, putting wind power at a continuing competitive disadvantage unless Congress puts a significant price on carbon emissions from fossil-fuel power plants -- an unlikely scenario as matters stand, Makovich said."
Of course, the article also helpfully explains that all of this can be changed if we would only artificially raise the price of our other energy resources ...
