Obama and his fellow cronies liked to call these throwaways "investments". He liked to portray these sham ventures as "research and development" into "tomorrow's technologies". Truth is, for anyone who takes the time to research it, electric cars are older technology than gasoline powered vehicles. They came first. And in spite of all the improvements in motor, battery, and materials technology, the range, speed, reliability, and durability has not increased at all since the early 1900's.
And the overall efficiency when you consider the multiple power conversions (first at the power plant, then to battery storage, then to battery drain, then to mechanical power, then to kinetic motion) is far, far worse than using gasoline or natural gas. Thus, the pollution is greater. And the toxic wastes produced in the battery production and vehicle manufacture are greater than those for more familiar vehicles. It's a boondoggle.
Same with solar. No matter how much the solar cell technology improves, solar will never be viable for more than small portable power needs. There is simply not enough energy in sunlight falling on a given area to ever be economically viable for power production. And then, to be useful, once again you have to store the energy in banks of batteries -- and you're back to the efficiency problems and technology limitations of batteries. Not to mention again that to manufacture solar cells generates far more pollution and toxic waste than batteries.
But the worst part of all this foolishness was that Obama's green energy program was really much more about rewarding crony supporters than anything else. All of the companies upon which he has squandered our money were headed by friends, campaign bundlers, major contributors or political allies. This was another redistributionist scheme, but this one benefitted his friends.
The following list is of the 34 "green energy" companies that were subsidized with Federal money and have either gone out of business, or are in bankruptcy and likely to go out of business. Together, they represent a cool $80B of our money -- all for NOTHING! No new techology. No new jobs. No progress toward energy independence. No new products. Only more national debt. Only more deficit spending. Only more squandered money. Only more enriched crooks.
Over 1900 investigations have been launched, but nothing will come from them. The political subterfuge is too deep. The only thing we can do now is get more people to awaken and demand a stop to the lies and deceptions. Demand a stop to the wasteful schemes. Demand real and substantial cuts in real spending. Demand government policies which encourage all forms of inexpensive energy without government interventions. We can do it!