Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (401625)	7/25/2008 11:24:30 AM
From: Road Walker	Read Replies (1) of 1575624

High gasoline prices are all the subsidy we need. It is all we ever needed. Then what happens when the shift to electric gets serious and gasoline prices go down? It will take a while for electric cars to reach the equivalent IC price point, so the 'free market' economics may not make sense. And the change stalls... leaving us vulnerable to the next oil embargo or natural supply/demand imbalance. That, and the transition will take 30 years unless there is government intervention. In the meantime we will be in recession and that will slow the fleet replacement cycle even more.

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