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Green but which kind?

Washington : DC : USA | 2 months ago  
Views: 31

Fisker Automotives Inc. received $529 million dollars to help build a hybrids sports car. Fisker is a startup company backed by Al Gore. Fisker’s car, the Karma, is built in Finland and will cost about $89,000.

$529 million is being sent overseas to create jobs in a foreign nation to make cars that the average consumer cannot afford. It is a minor problem compared to those three issues but the name “Karma” is rather strange as well, being from the Hindu religion. Those who support the creation of the car will invariably say that the creation of a hybrid will help the environment and bring about good karma. That may be true but it still seems rather odd to bring in religion as that. It would be like calling “carbon credits” an “indulgence.”

A loan of $465 million was given to the company Tesla Motors who are selling a $109,000 electric car. The Government Accountability Office (GAO) recently put out a study that stated that the electric car would not cut emissions unless nuclear power or a less polluting source of energy was utilized.

Driving a fuel efficient car and doing other environmentally-conscious activities is known as going “green.” However, given the billions of dollars General Electric will earn from cap-and-trade, George Soros earning billions from drilling for oil off the coast of Brazil, and this company getting over a half a billion; it must be wondered if by “green” they mean the environment or the color of money.

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  • Blog Source: despardes.com
    Tags: al gore, British-built electric Roadster, Finland, Fisker and Tesla, Fisker Automotive Inc, fuel-efficient hybrid car, gore-backed cars, Henrik Fisker, hybrid sports car in Finland, karma, karma car, Tesla Motors Inc, the karma ...
  • Blog Source: onemansthoughts.wordpress.com
    A tiny car company (Fisker Automotive Inc.) backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland (The Karma) that will sell for about $89000. The award this week to
  • Blog Source: www.businessweek.com
    The US Government sure is hot on these electric car programs. The Energy Department granted Fisker Automotive, a California electric-car startup, a $528 million loan to finish work on its $88000 Karma plug-in electric sports car and to ... Tesla has
  • Blog Source: usa-c.com
    Tesla is a California startup focusing on all-electric vehicles, with a number of celebrity endorsements that is backed by investors that have contributed to Democratic campaigns. View Full Image. Fisker's Karma hybrid sports car, ...
  • Blog Source: auntygravity.blogspot.com
    Automotive in 2007, said his goal is to build the first plug-in electric hybrids that won't sacrifice the luxury, performance and looks of traditional gas-powered luxury cars. The Karma will target an exclusive audience -- Gore was one of the first
  • Blog Source: gm-volt.com
    In the first stage, Fisker will use $169.3 million for engineering integration costs as it works with US suppliers to complete and launch its first electric car, the luxurious Karma. The next $359.36 million tranche will be used ... You know, I
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  • Posted By InspectorGadget InspectorGadget | 2 months ago
    Hopefully by "green" they are referring to the environment. That's what it's all about. The negative effects of global warming and climate change aren't getting any better. Every effort counts. Hopefully all those damaging cars on the road are replaced with environmentally friendly cars soon.
  • Reply By RossErdmann RossErdmann | 2 months ago
    GAO said it wouldn't help since it just replaces use of gasoline with coal. To make a real difference, nuclear power would have to be used to generate the electricity. As it is, the electric car
  • Reported by RossErdmann
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