View Single Post
  #3  
Old 11-14-2005, 05:26 AM
WillMagic WillMagic is offline
Senior Member
 
Join Date: Aug 2003
Location: Cupertino, CA (formerly DC)
Posts: 250
Default Re: The heat is on. Fox News special review

[ QUOTE ]

Now, lets see what they didn't mention/do:

1) Richard Smalley and his terawatt challenge campaign.
3) A call from scientists for a 5 cent gas tax to fund an Apollo energy program

[/ QUOTE ]

This is such a mediocre plan.

Let's start with one basic idea.

We will never run out of gas.

Oh, of course, the amount of gas in the world is finite, for sure. No doubting that. But we won't run out. The price will only get higher and higher.

Now, as the price of gas grows higher as the supplies run lower, demand for alternative energy skyrockets, and with demand comes massive private r+d investments by companies with a massive incentive to come up with an alternative fuel.

Now, they might not come up with an alternative fuel. It's possible we're all screwed. But if they can't...how do you expect government to be able to do it? People working for this "Apollo Program for Energy" won't have nearly the incentives of the private firms to come up with alternative energy - last time I checked, billions in profit was far more enticing than a pat on the back.

Oh...and by letting the private sector handle it, you also don't have one other irritating problem. See, when you tax gas, you aren't just taxing gas. You are taxing EVVVVVERYTHING. Guess who that hurts the most. It's not the rich.

Will
Reply With Quote