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Taxpayer Millions Squandered on EV Charging Study Project

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Again and again....

"An audit by the Department of Energy’s Inspector General found that the persistent weak demand for electric vehicles harmed the deployment and timeliness of a $135 million-plus taxpayer funded charging network, which spun a cycle of excessive grants and project expansion, that led to an enormous waste of public money."

http://nlpc.org/stories/2013/07/30/taxpayer-millions-squandered-ev-charging-study-project

And the article summary:

"The Obama administration’s brazen foray with other peoples’ money into electric cars and its sideshow businesses couldn’t overcome the unforgiving laws of economics. A basic understanding of that principle could have prevented the launch of the foolish EV Project in the first place."

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