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

To: Road Walker who wrote (307807)	10/26/2006 8:18:37 PM
From: TimF	Read Replies (1) \| Respond to of 1571798

Hell, an increase in oil efficiency of that magnitude would be a huge stimulus to the economy! If it actually materializes. Perhaps it eventually will but I don't see it happening in a decade or so, and I think in the long run it will happen anyway (or vehicles won't use gasoline and diesel they will move to batteries, or fuel cells, or ultra-capacitors). If you assume government intervention will make it happen in 10 or 15 years, and with no intervention it will never happen than you might have a point. OTOH there have been plenty of failed government attempts to get people to change or to use less energy or to use alternative sources of energy. If the economics is really lined up behind it you don't normally need a massive government effort. If the economics doesn't favor the change than a massive government effort might not do any good. Maybe you speed it up. And with a large government intervention it happens in 20 years instead of 30. If you spend trillions to gain those 10 years it might not be worth it even just as a dollars and cents issue, and dollars and cents spent is not the only downside.