MacBruce, what exactly do you mean by not practical? Is the problem cost-related? Weight is not really an issue unless we're moving towards weights of over 100 lbs - a couple of my cheaper bikes weigh 30+ lbs and they work fine. I've ridden touring bikes that, fully loaded, weighed well over 70lbs, and I still achieved speeds of 20mph or more on them and with a granny gear I could get up quite steep hills. Only racing bikes need to be light and they no longer use metal frames. What I'm talking about is a modern commuter bike - just something you can ride to work or to a store to pick up groceries - that kind of thing.
Regarding Steve's issue of electricity generation, the question is purely one of whether it 'could' be done - not whether it's possible to do it now using today's electricity infrastructure. The question is based on the premise that oil, gas and coal may not be available at some future time. Electricity 'can' be generated using solar, wind and wave power, so I expect in a future when fossil fuels are no longer economical, there will have to be renewable alternatives in use.
As for the fact that so-called 'green' electric and hybrid vehicles are not really 'green', in that most of their electricity comes from coal, it's a good point that I think many environmentalists tend to miss.