I echo kuroyume's points.

Personally I favor electric cars, but really GREAT electric cars. Just think of the reduction in noise, for one thing, in addition to no emissions from the car/truck.  That storage problem, however......can't some of these Quantum Physics genius guys figure out a breakthrough? I also think there is a future for electric generation on peoples roofs, with coatings and hyper-cheap electric-gen systems. Those could pay for themselves without subsidy, possibly.

To make the electricity? I favor clean coal and nuclear. But because of the ill-advised 'social' blockage of building the plants, we are far, far behind now. "France" (as in 'france the concept') has blocked it, but France The Country runs their nation on nuclear! [and one of their reactors does nothing but recycle the spent fuel from the others, resulting in a minimal waste problem]. I call that cultural un-imperialist warfare.

One of the reasons I favor electric powered vehicles and a powerful push to solve the storage problem, is that far future power plants will be way cheaper, way safer, like nuclear fusion and hence continuum of feeding electricity to vehicles and homes for heating/cooling. This reduces manufacturing costs, also, because manufacturing needs electricity, not the burning of fossil fuels.

In the meantime, how about taking the constraints and hobbles off the oil industry here, let them build refineries and prospect/develop new oil fields. That would bring the price down in the medium future.

::::: Opera :::::

P.S. Al Gore's plan for us to go off fossil fuels COMPLETELY in 10 years is sick. I mean, sick in the 'i feel sorry for this delusional soul' type sick.