Raymond in DC
2010-08-09 05:30:37
Actually, the plant *is* in the US. The company (LG) was simply bribed to build the plant here. It’s only one of several battery companies sharing hundreds of millions in grants to prime the electric industry.
These kind of market distortions preclude more rational consideration on the part of both producers and consumers. Absent those distortions, we might be looking, for example, into clean diesel or natural gas as alternatives. Instead, the government in its “superior wisdom” is working to get us to pay BMW prices for a Chevy compact.
