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Cash for Volts?

Revenge of the Electric Car

to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. WASHINGTON -(Dow Jones)- Move over, cash for clunkers. Despite a high upfront cost, operating an electric vehicle is cheap, costing 2.5 by Judith Burns for Dow Jones.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And oil only seems cheap. Since our cars and trucks use almost two-thirds of the oil we buy, the quickest way to cut oil use is to free transportation from its grip. Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. Its impacts are increasingly unaffordable.

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