Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems
Green Car Congress
JANUARY 1, 2011
In DB’s Fall 2009 note, they had forecast 12% growth. Increasing political animus towards the ethanol tax credit, which was “ begrudgingly renewed for one year in the lame-duck tax bill.” ” The team suggests that this may be the last extension for the credit.
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