I applaud the effort, but Mr. Law would be better off conducting a bit more research before making such outrageous claims.
First of all, hybrids have just begun moving out of the niche they currently occupy. The price premium demanded for hybrid models will lower significantly within the next two years as an onslaught of new hybrid models debut. More competition in the hybrid market coupled with more efficient manufacturing will lower the price premium to a mere $1,000 before decade's end. Regardless, the cash-rewards currently offered to hybrid owners cancels out the price premium anyway. The federal government is offering a $2,000 tax-deduction for those who purchase hybrids in 2005. Companies such as Hyperion in California offer in excess of $5,000 to employees who purchase hybrid cars this year.
Aside from pricing, hybrids like the Prius can travel hundreds of miles between fill-ups. Anyone preaching against the financial benefits of hybrids is forgetting the power of instant gratification. That $50 to $100 dropped on gas each week becomes obsolete.
This statement is absurd. Gasoline consumption is just one facet of the environmental benefits hybrids provide. Hybrids consume less than half the amount of petrol than the average gasoline-powered car, thus releasing less than half as much climate-changing carbon dioxide. Emissions of smog-forming pollutants, such as nitrogen oxides and hydrocarbons, are 90% lower.
Hybrids aren't going anywhere. In fact, the hybrid market is projected to grow to the size of today's minivan market by 2010. Price premiums are already decreasing, and will become nearly non-existent fast. Any entirely new technology would take time to adjust and catch on in the market. Hybrids already have, and anyone convinced otherwise truly is foolish to say the least.