Though he's no longer in politics, former President Bill Clinton is still a busy guy. A week ago he was negotiating the release of reporters, Euna Lee and Laura Ling from North Korea. On Monday he stopped in Las Vegas at the National Clean Energy Summit.
The summit focused on ideas to promote clean power and energy efficiency in the U.S. and Clinton had a number of them. Though the Cash for Clunkers program has drawn the ire of many environmentalists, it has been largely successful in getting people to trade their old gas-guzzlers for newer, more efficient vehicles. Clinton suggested taking this a step further by introducing a Cash for EVs program, which would give Americans incentives to buy electric vehicles.
Of course Clinton is the former president, so he didn't have to offer specifics as to how the program would work, or more importantly, how it would be funded. He did note, however, that the Cash for Clunkers program “proves that Americans will bite if you make it economical enough.” Congress seems to agree with this assertion, to the tune of $3 billion.
What do you think? Would you buy an EV if there were an irresistible economic incentive to do so? Leave a comment below.