Cost of converting entire U.S. to electric cars? Zero.

[jeffrey]

Instead of sending $400 billion each year to countries such as Saudi Arabia and Venezuela, we could spend it on electric car production in the U.S., Mexico, and China. At current oil prices, it wouldn’t cost us a dime extra to stop importing and burning oil for passenger cars. In fact, if the goal were to end up with the same number of cars on the road, we would have a few trillion dollars left over. One or two trillion dollars would be sufficient to build nuclear, solar, or wind electric power plants to replace all of our plants that currently burn coal and oil (note that less than 1 percent of current electricity generation in the U.S. is from oil (source); most electricity that we use today is from coal, natural gas, or nuclear).

Philip Greenspun’s Weblog » Cost of converting entire U.S. to electric cars? Zero.

[sounderella]

Interesting.....

[Sporkman]

I definitely agree the US should drop what it's doing in terms of foreign wars, defense projects, foreign aid, etc, & start up a sort of "Manhattan Project" of alternative energy...

[project15]

But could our current electric grid support all those electric cars?

[noppenbd]

If they were charged up at night, I bet they could. If people are charging them at their place of work during the day, probably not.