Green Politics: Golden State regulators have passed sweeping emission standards requiring one in seven new cars sold in the state in 2025 be an electric or other zero-emission vehicle. What can go wrong?
Plenty, for if we've learned anything in recent years, it's that industrial policy and telling consumers what they need and must have vs. what they want and find useful doesn't work.
Only the marketplace can accurately pick winners and losers. The government, having no competition, usually picks losers.
Read more: http://news.investors.com/Article.aspx?id=599405&p=1&ibdbot=1
Plenty, for if we've learned anything in recent years, it's that industrial policy and telling consumers what they need and must have vs. what they want and find useful doesn't work.
Only the marketplace can accurately pick winners and losers. The government, having no competition, usually picks losers.
Read more: http://news.investors.com/Article.aspx?id=599405&p=1&ibdbot=1
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