GREENIE ELECTRIC CARS ARE GOING EXTINCT
No one wants to buy electric cars, Bloomberg reports (1/06):
“Americans bought just 102,600 such vehicles in 2015, a 17 percent decline from the previous year, according to researcher Autodata. Nissan Motor Co. sold 43 percent fewer of its all-electric Leaf and General Motors Co. reported an 18 percent drop for its Chevrolet Volt, a plug-in model that’s driven by an electric motor and has a gasoline engine to recharge its batteries.”
And who can blame them?
Apart from being poky and tinny and smug and expensive and utterly useless for long distances, electric cars are also terrible for health and the environment, as even environmentalist Bill Gates has recognized.
This is the glory of the untrammeled economic system: it is the collective product of million upon million voluntary decisions by free individuals. No economist, no government functionary could ever replicate this system through management or regulation because they could never hope to gain access to the complex and ever-changing data which informs all these consumer decisions.
But that’s never going to stop Obama from trying, is it? Last night (1/12) in his thankfully final SOTU, he blathered on about how “we’ve got to accelerate the transition away from dirty energy.” That was just after he took credit for “gas under two bucks a gallon.”



