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July 28, 2008

Human Progress: 300 mpg car goes into production


Which solves more problems, coercive government, or the voluntary market? While Congress is debating windfall profit taxes on oil companies, and vast new cap-and-trade schemes for carbon emissions, small groups of innovators are responding to environmental problems and energy prices by providing real solutions.

We’ve told you about the Aptera before. It’s a car that can go 120 miles on a single charge in its all electric version, and that gets 300 miles to the gallon in its plug-in hybrid version. Plus, it looks really cool. Well, now the Aptera is more than a prototype. The company now has funding to begin production. This funding was provided voluntarily by the market instead of through taxes. The car will go on sale in California next year and will expand to other parts of the country as the infrastructure for repairs also expands.

The market constantly figures out how to do more and more with less and less, while government constantly achieves less and less while spending more and more.

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