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Politics : Actual left/right wing discussion
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To: cirrus who wrote (3264)10/20/2006 5:03:22 PM
From: TimF  Read Replies (1) of 10087
 
If for example, the Federal Government were to borrow $100 billion to build a hydrogen infrastructure that would eliminate our dependence of foreign oil...

The idea that the US need for foreign oil could be eliminated by the government spending $100bil on hydrogen infrastructure, isn't very realistic.

It's also the only way to fast track the shift from oil - the private market economy would take decades to effect such a change.

Any attempt to make the change in less than decades would be a very very bad idea. "Fast tracking" the change leads to massive costs, and likely massive wastes as one solution is quickly imposed by government fiat rather than letting the market find the most efficient solution.
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