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Cash for Volts?

Revenge of the Electric Car

WASHINGTON -(Dow Jones)- Move over, cash for clunkers. Despite a high upfront cost, operating an electric vehicle is cheap, costing 2.5 cents per mile traveled, compared with 12 cents per mile for a gas-powered car, advocates say. November 16, 2009: 06:01 PM ET. By Judith Burns. Of DOW JONES NEWSWIRES.

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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. Over time, we can conserve by reducing the miles we drive. That means we’ll be powering some miles with increasingly renewable electricity that isn't made from imported oil. Payback will come because an electric mile is up to five times cheaper than a petroleum mile.

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