Who killed the electric Car?
It was not killed it was sacrificed.
This is a study on the productivity, performance and progress in the Gulf Cooperation Council region, which The Conference Board is running in conjunction with Gulf Investment Corporation.
Sluggish productivity and an over reliance on oil and gas pose a threat to the future economic expansion of the countries in the Gulf Region. Such an over-reliance on natural resources is a shaky foundation for long term economic development and will hold back other sectors of the economy, such as high productivity manufacturing and financial services.
(Growing beyond Oil
Productivity, Performance, and Progress in the Countries of the Gulf Cooperation Council
By Bart van Ark, Ewout Frankema, Vlad Manole, and Andrew Tank
With the Gulf Investment Corporation
Production date June 2008
R-1426-08-RR)
In essence Money is being made in the oil business abroad but not being reinvested in the local economy over all. Although the money looks good it is considered “Superficial
impression of affluence”. (R-1426-08-RR) Jobs are not being created.
The EV1 would not have been profitable economically for this nation. (Securitization: Preparation of marketable securities.)
If the car had survived and lived, a lot of people would be out of business or unemployed.
The birth, life, and death of the EV1 brought awareness to a nation that has become umbilically dependent on oil and gas. The responsibility is to find a way to use oil and gas but not destroy the earth in the process. Destruction is not only found in the OZONE
But in unemployment, if the hybrid is the answer then make a better hybrid.
If I heard a mechanic say working on the EV1 was a cleaner job and I sold soap. I don’t hear “ Oh good he gets to go home with clean hands” I hear my profits going down.
I hear my kids not getting into the best schools because I can’t afford to send them. I hear the schools saying we have to close the school because we don’t have enough students to support the school. It would only be the beginning of a dominoes effect.
4 comments:
You bring up a very good point. Some jobs would have been lost. However, I can't say that more jobs would have been lost than gained. We would have had to change a great deal of things in manufacturing and infrastructure. This I believe would mean new jobs. We could have pioneered in the world. I was confused at first about your post. When I tried to google "Growing beyond Oil . . . and Securitization: Preparation of marketable securities" I became further confused. I couldn't find in my limited searching a full report; however the information I did find was concerning the countries of the Persian Gulf States, Bahrain, Kuwait, Quatar, Oman, Saudi Arabia, and the United Arab Emirates. Furthermore, the report was done by councils and corporations interested in the growth and development of these countries. Are you suggesting that we aren't advancing these countries by buying there oil? Your post brings up a good point, but I am still confused. I do not believe the EV1 would have been bad for the U.S. economy.
try to google
Bart van Ark, Director, International Economic Research, The Conference Board,
I am suggesting they aren't advancing themselves with the monies they are making.
I don't believe the EV1 was or would have been bad for the US economy either. I don't think it was good enough, as presented.
I believe it brought awareness, concern, and responisiblity. I am Convinced the EV1 proves we as a nation can grow beyond oil.
Thanks! I'm not confused anymore, and it seems much clearer to me now. Nice post!
Good post; I agree the Electric Car was 'sacrificed'... And unfortunately by those not willing to take a stand and fight for what could have negated many wasted years of haggling over the oil prices, industry and the almighty dollar. It seemed to be such a promising future when this brilliant idea was brought to life and sadly, it's demise rested in the very hands that created it.
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