It’s already been pointed out that GM is losing almost $50,000 per car on the Chevy Volt (see here also) . Now the Congressional Budget Office (CBO) has put out a rather damning report on electric cars in general. I’m not against the idea of electric cars in general, but I am opposed to government subsidies. I also do not believe that the technology is there yet and there is nothing wrong with the combustion engine that has made modern many times more convenient and productive.
From the CBO report,
Because of differences in vehicle design and technology, electric vehicles cost thousands of dollars more to purchase than conventional vehicles of comparable size and performance.
Given current prices for vehicles and fuel, in most cases the existing tax credits do not fully offset the higher lifetime costs of an electric vehicle compared with those of an equivalent conventional vehicle or traditional hybrid.
CBO: Electric Cars Are A Waste Of Money – Business Insider.
This is old news but I must have missed it. Evidently the design of the Swedish affirmative action programs was more to punish men than to promote women in fields they are underrepresented in. Once it became apparent that men were getting into programs that were over represented by women, the Swedes had to put to a stop to it.
The quote that stands out the most to me is this,
Women represent about 60 percent of university students in Sweden, a pioneer in gender equality.
Apparently a 60-40 ratio for men is indicative of a sexist society but when the numbers are flipped its an example of being a pioneer in gender equality. According to the CIA World Factbook, the sex breakdown for Swedes aged 15-64 is 1.02 males to every 1 female so there is clearly no evidence that college aged women make up 60% of the population.
Of course the logical approach to college programs is to accept only those that meet the requirements and expectations but such a view is anathema in our new politically correct Western Civilization.
AFP: Sweden to abolish affirmative action at universities.