Plug-ins are worth less compared to their original value over five years than conventionals - Pure electric cars take a bigger hit than plug-in hybrids - Many electric cars qualify for a federal tax credit of up to $7,500, plus state or local incentives. Big discounts on new cars hurt residual values.
'One of Fisker primary financial backers is venture captital firm, Kleiner Perkins, of which Gore is a partner. Fisker received a $528.7 million conditional loan from Dept. of Energy's...That's a LOT of money to produce only 200-300 thus far, some of which seem to be lemons. This is same company that caught flak because after it secured US govt financing, started assembling their cars in – Finland. Fisker seems headed for same fate as Solyndra'
“If the current rate of emissions continues, children born this year could live to see parts of the Eastern seaboard swallowed by the ocean,” Kagan wrote in her dissent. ...
Kagan said the dangers of rising temperatures and, as a result, devastating environmental effects, including, "Rising waters, scorching heat, and other severe weather conditions [that] could force ‘mass migration events[,] political crises, civil unrest,’ and even state failure.'"