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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (373567)3/10/2008 9:54:12 PM
From: RetiredNow  Read Replies (2) of 1573092
 
Even excluding the costs of our military securing our oil supplies, oil still gets much more subsidies that alternatives. Oil companies got $14B in oil subsidies last year from the Energy Freedom Act alone. Alternatives got far less than that...less than $5B. Solar subsidies are set to expire this year.

As far as corn ethanol, I also think that is a red herring. We should avoid that like the plague. Instead, I'm for removing all oil subsidies and beginning to tax gas with a 50% surcharge and giving tax incentives to production and consumption of alternative cars and fuels. That will allow the market to decide which fuels and technologies are best to get us to energy independence.
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