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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (244384)	8/1/2005 8:46:05 AM
From: RetiredNow	Read Replies (2) \| Respond to of 1574854

1) Tax credits for foreign hybrids that disappear after the first 60K units are sold, which favors Ford and GM (the losers in the hybrid wars). So it's essentially disrupting market dynamics. 2) $3B in tax incentives for oil companies to do offshore drilling, when they have higher profits than ever before. They don't need incentives when oil prices are this high. If it is profitable to drill, they will drill. 3) No mandates to increase mpg averages on cars, which means there are no incentives to conserve energy or get us off the oil. 4) Changes in the size requirements for tax incentives on large trucks, which essentially CREATE MORE incentive to purchase large trucks, which means more oil usage. This energy bill is a disaster and the cost of it is staggering. It's like Congress has no clue how to conserve money or energy. Unbelievable.