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Politics : Formerly About Advanced Micro Devices

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To: neolib who wrote (273198)2/10/2006 11:50:15 AM
From: Road Walker  Read Replies (1) of 1575490
 
re: That piece by Friedman was good except for one point: $60/barrel oil also has positives. Price is the best mechanism for getting us off oil. If the price retreats to $30 barrel, as Friedman seems to hope, we have a much worse problem IMO.

Not if we institute other tax incentives for efficiency and tax penalties for inefficiency. If we had a true "War for energy efficiency" then not only would the price of energy go down, but we would save by using less. It would be like a tax cut, and stimulate the economy. (Every car getting double the mileage PLUS half the price per gallon is A LOT of new discretionary dollars!).

Tax and give efficiency incentives for the devices that use energy...

John
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