Hybrid Car Future Inevitable
The ability of people to travel freely is one of the most cherished rights within free societies, and especially in America. So while many will espouse the virtues of mass transportation (me being one of them for densely populated cities and certain regional travel) the reality is that automobiles will remain the core method of transportation for a long time to come if for no other reason than we like cars.
In earlier "energy technolution" articles I have focused primarily on the effect of fracking on domestic energy supply and the related investment opportunities. Regardless of how much oil and gas we frack, however, the reality is that oil and gas are finite resources that need to be conserved.
In the United States, about two-thirds of all petroleum use is due to transportation. 63% of that is from cars and light duty trucks such as SUVs. Transportation also accounts for one-third of all United States green house gas emissions which at a minimum are causing unhealthy conditions in many urban areas. Taken together, scarcity and environmental issues make finding alternatives to purely gasoline and diesel-powered vehicles imperative relatively soon.
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