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To: John Carragher who wrote (182671)11/12/2005 9:19:44 AM
From: Road Walker  Read Replies (1) of 186894
 
re: China's new policy to focus on fuel efficiency

Good move. But the fact that we use about 6X the amount of oil that China uses makes the US "opportunity" much greater. An oil efficiency campaign in the US would pay so many economic dividends, it's a no brainer.

One other benefit I failed to mention before... the subsidy for gas efficiency would probably create new high tech jobs, maybe industries, to create new technologies and fine tune old technologies. It's a simple question, figure out how to move a couple of thousand pounds a mile distance with the least amount of fossil fuel. Sounds like a perfect problem for US ingenuity to solve... if there is a pot of gold at the end of the "invention". A subsidy for smart (efficient) cars can do that. And then, eventually, the subsidy will go away.

John

Frankly, to get this to work politically, you would probably have to dump the tax on the inefficient cars, and just subsidize the "smart" cars. But I'm a deficit hawk, and just can't get myself to propose a solution that isn't revenue neutral for the federal government.
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