SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Citizens Manifesto
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (326)7/25/2005 6:09:11 PM
From: Road Walker  Read Replies (1) of 492
 
re: And good in reality. Even a bill as big, and mostly negative as the current energy bill is swamped by the effect of the increases in price over the last few years, and by the eventual increase in price as oil becomes more scarce. Subsidies divert resources, and can slow economic adjustment, but the forces behind the eventual transition to other sources of energy are to big, even if they are very slow. As large and mostly dysfunctional as this energy bill is it is small compared to these forces.

It's huge and costly. My proposal is certainly cheaper and certainly more effective. Support my proposal.

re: Part of the lag would be a lag in availability of a much greater number the more fuel efficient cars. Until they become more available a lot of the incentive will wind up going to dealers and manufacturers of the cars rather than to the consumer. (assuming the incentive is large enough to quickly and strongly change buying patterns). That doesn't mean the effect is wasted (the extra money for fuel efficient cars going to the manufacturer increases their incentive to produce such cars) but it does show some of the complexity in real world implementation and response.

Certainly there is a lag, but it's a hell of a lot shorter than oil exploration credits. And the benefit starts on day one, and just increases as the marketplace adapts.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News