
Last week the Israeli government released a statement announcing that they would begin work on the world’s first electric car network. This bold project is intended to relieve Israel’s dependency on foreign oil as well lower the country’s carbon emissions. The Israeli government is hopeful that this initiative will be completed by 2011. Shimon Peres has been quoted as saying, “Today is a new age with new dangers and the greatest danger is that of oil. It is the greatest polluter of our age and oil is the greatest financier of terror.” With the cost of oil in Israel rising to over six dollars a gallon, there is no country in greater need of a solution to their dependency on oil.
The project, developed by Shai Agassi, will utilize lithium-ion batteries to power the vehicles and will also install the necessary infrastructure for battery renewal. This project will allow consumers to purchase relatively inexpensive vehicles and all costs will be augmented by tax incentives for Israelis wishing to purchase these environmentally friendly cars.
Prime Minister Ehud Olmert stated that, “Israel has been on the forefront of developing alternative energy technology and is a significant center for alternative energy research and development.â€
The program is not without its skeptics who refer to the program as “unrealistic.” Regardless of these naysayers, Agassi remains confident in the overall potential of his initiative. Should Agassi’s plan prove effective, countries such as China and India have expressed interest in the implementation of their own Electric Car Network.
Source: The Associated press via NBC http://www.msnbc.msn.com/id/22783747/


