Greenspan: electric cars, the best solution to high gas prices

Former fed chair Alan Greenspan says the electric car is the best solution to high gas prices and we need to find ways to make more of them. Speaking at Cambridge Energy Research Associates (CERA)'s CERAWeek 2008, Greenspan said we must "find a way to move cars to electric" because using electric cars "will have a large impact on world petroleum demand." Who's gonna argue with Alan Greenspan?
Related:

• Greenspan on ethanol: it'll play a limited role
• Greenspan says (basically) that with higher MPG cars, Iraq war could have been avoided
• High-gas prices not significant yet, states Greenspan

[Source: News & Observer, Raging Bull via Treehugger]