Hey, Auto Industry, Need a Jump? Utilities Consider Buying Electric Cars - WSJ.com: "The auto industry's quest to launch a new generation of electric cars may get a big boost from a sector with much to gain from getting advanced vehicles on the road: U.S. electric utilities.
Top executives at several utilities are mulling the possibility of ordering thousands of the vehicles -- known as plug-in electric cars -- as an expression of support for the technology they fear could be derailed by the auto industry's financial traumas. The cars would run primarily on electricity, with gasoline to extend their range, and would recharge by plugging into standard electrical outlets."
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"Electric Power Research Institute, a utility-funded research group, and the Natural Resources Defense Council, an environmental group, concluded that if 60% of U.S. light vehicles were electrified by 2050, it would increase national electricity consumption by less than 8%. But it would cut total U.S. carbon-dioxide emissions by 450 million metric tons annually, equivalent to taking 82 million cars off the road."
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