Are green machines worth the cabbage?

The world’s first mass-produced gasoline-electric hybrid car launched in December 1997 against a backdrop of growing concern over human-induced climate change and a clamor for greener technologies. Debate over the economic impact of the vehicles continues to this day, fueled by shifting sticker prices, ephemeral economic incentives and spiking fuel costs. Ultimately, detecting the economic impact of hybrids is about as easy as hearing an electric motor idling at a stop sign, but I took a crack at it anyway.

What is the economic impact of hybrid cars?

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