Grid Enabled Vehicles – I Told You So! | Alternative Energy Stocks

Grid Enabled Vehicles – I Told You So! | Alternative Energy Stocks: "On Monday of this week the Electrification Coalition, a newly organized industrial lobby that styles itself as a 'nonpartisan, not-for-profit group of business leaders committed to promoting policies and actions that facilitate the deployment of electric vehicles on a mass scale in order to combat the economic, environmental, and national security dangers caused by our nation’s dependence on petroleum' released a 170 page policy paper titled, 'Electrification Roadmap, Revolutionizing Transportation and Achieving Energy Security.' Like most industrial lobbies jostling for position at the Federal trough, the coalition's core membership includes a baker's dozen of top executives from AeroVironment (AVAV), NRG Energy (NRG), Nissan (NSANY), Johnson Controls (JCI), FedEx (FDX) and A123 Systems (AONE), along with several lesser known private companies. Their basic pitch is that the economic, technical and practical challenges associated with a transition to PHEVs and EVs, which the cognoscenti will hereafter refer to as 'grid enabled vehicles,' or 'GEVs,' are insurmountable in a free market economy. Quoting from the preface:

'Ideally, the technology and deployment of electric vehicles would emerge through regular market mechanisms. Events conclusively demonstrate that this path to electrification is unlikely, however. Therefore, if the desired transformation is to occur anytime in the foreseeable future, focused and sustained public policy will be required.'"