Bush Administation Provides $30 Million for Plug-In Hybrid Research While Big Oil is Receiving $17 Billion in tax Breaks


Bush Administation Provides $30 Million for Plug-In Hybrid Research While Big Oil is Receiving $17 Billion in tax Breaks

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The Bush Administration has shown its support for plug-in hybrids by promising a measly $30 million to get them on the road within eight years, a figure and a timeline some automakers and plug-in advocates say is too little and too long. Getting these cars on the road quickly, they say, should be a national priority with the funding to match.

The Department of Energy made a big deal of the hand-out, announcing it at a plug-in hybrid conference in Washington D.C., but c'mon -- $30 million? To be spread out among three companies over three years? What'd it do -- scrounge change from couch cushions in the Pentagon? EV advocates were quick to thank Uncle Sam for the money but said it's going to take a whole lot more than that to wean us from oil -- which, by the way, will collect $17 billion in tax breaks during the next decade.

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