Forbes automotive writer Warren Meyer, using metrics developed by the Energy Department during the Clinton administration, calculates that the Karma gets the equivalent of 19 miles per gallon, less than the city rating of the Ford Explorer SUV. Fisker, a year behind in its production schedule , has produced 40 of the $97,000 Karmas and delivered two, one to "Titanic" star Leonardo DiCaprio. Not exactly a car designed for the masses, but rather for those the Occupy Wall Street mobs have targeted. Solyndra became a poster child for crony capitalism, but Fisker Automotive may give it a run for its, er, our money.
Saturday, October 22, 2011
Green Energy's Bad Karma
I've previously posted about Fisker Automotive's guaranteed loan from the feds and that the first units will be manufactured in Finland. IBD has an editorial about this today which concludes:
Subscribe to:
Post Comments (Atom)
1 comment:
I've got mad energy for days. That's what people can't get their minds around. They say, 'Oh, he's going to crash.' They try to apply all these common terms to a guy who is not common. I don't fit into their little box.
Job opportunity for Nigerian people as well as international people, Oil and Gas Site
Post a Comment