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

To: i-node who wrote (391719)	6/17/2008 11:20:04 AM
From: Road Walker	Read Replies (1) \| Respond to of 1578256

Maybe to 90%. But we don't have to get that far that fast. 30%. 40%, or 50% -- would have the effect of killing oil prices. 12 years minimum to 30% without subsidies. Not enough each year to offset India/China growth. Electric vehicles will be very expensive for the first 10 years. As to infrastructure, the good news is that the vast, vast majority of increased demand will take place at night, when the capacity it readily available. Capacity is not always readily available at 6PM. And people will be charging their cars during the day as well. We will need a lot of incremental capacity. This kind of change is slow, no doubt. But that's why the incentive of $6 or $8 gasoline is so important. Most will not be able to replace their cars with $6 to $8 gasoline. We'll be in a severe recession and inflation will be through the roof, interest rates sky high.