Thomas Edison to Henry Ford: Forget Electric Cars (Is this advice from 1896 still relevant?) — MasterResource

When the conversation ended, Mr. Edison brought his fist down on the table with a bang, and said:

Young man, that’s the thing; you have it. Keep at it. Electric cars must keep near to power stations. The storage battery is too heavy. Steam cars won’t do, either, for they require a boiler and fire. Your car is self-contained—carries its own power plant—no fire, no boiler, no smoke and no steam. You have the thing. Keep at it.

Will the Stimulus Help Wind and Solar? - Green Inc. Blog - NYTimes.com

“Another unknown,” Mr. Martin added, “is whether developers who receive cash for 30 percent of the project cost from the Treasury will be able to raise the other 70 percent they need to build their projects in the current market.”

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