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

To: Jim McMannis who wrote (278944)	3/7/2006 8:26:14 PM
From: Road Walker	Read Replies (1) \| Respond to of 1574883

re: OK, I'm putting you in charge. What would you do? Man, how many times do I have to repeat it? An immediate $7K rebate on the purchase of any car that gets better than 34 MPG (technology agnostic), paid for by a federal gas tax of 60 cents per gallon. (You can buy a Toyota Corolla that fits the bill for less than $14K gross, $7K net). Interest free loans from the states for the purchase of cars getting better than 34 miles per gallon, paid for by a license fee of $700 per year for any passenger car that gets less than 20 MPG. You might have to fudge the numbers to make them tax revenue neutral. The result? First, a huge jump on replacing the inefficient passenger car fleet in this country. Second, and immediate drop in the cost of oil... the markets would realize we were serious and the "risk factor" would disappear. Third, Detroit (and Japan and Germany) would wake up and realize that their future market was gas efficiency. This is just for Autos, the same principle could be applied to other devices that use energy.