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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (34072)	5/21/2003 12:28:22 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Mq I divide this into two: INDUSTRY: If the market presses it, industry (carmakers and oil refining) delivers the technology. No problem. TAXES: (I'm oversimplifying here since all ovet the world governments extort money from people by any means they can) That's a more difficult one. Governments all over the world get their money taxing tobacco, liquor and cars and stuff that you get after craking petroleum. A country like Brazil, with no railways to speak off, runs on truck transport. Hence diesel is heavily subsidized by gasoline consumers. Consumers there can't benefit from the technological developments elsewhere since diesel automobiles are forbidden so that they don't get the subsidies directed to the transport business. A country, like Indonesia, new cars are heavily taxed and old cars stay on the road untill they fell into pieces. Countries with no car indutsry (Finland, Denmark for instance) tax car heavily and as a result those countries have the oldest fleet of cars. The only way to change this picture is PRESSURE OF THE SOCIETY, which depends on the level of information this people can digest to make their opinion formed. In countries like Europe two things make progress possible: A more educated population and a highly developed car industry. In countries like Brazil and Indonesia and most of the less developed countries, there is no pressure from society since they have higher priorities than clean air.