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Old 10-29-2007, 02:28 PM
BCPVP BCPVP is offline
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Join Date: Jan 2005
Posts: 7,759
Default Re: Alternative energy and the Automobile Industry

[ QUOTE ]
Mark,

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The profit motive works, if the electric car has a viable market someone will direct capital towards that cause.

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It does, as proven by the Rav 4 EV. Electric cars would be in production if the patents on the battery technology required to make them practical were not controlled by Chevron. Market failure.

[/ QUOTE ]
Lol @ the patent system as an example of a market failure.
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