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Old 06-24-2009, 09:53 PM   #53 (permalink)
Cardinal
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Join Date: Mar 2006
Location: Metro North Boston
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Quote:
Originally Posted by Overlander23 View Post
Indeed... Please help me understand what your position is, then. I understand you don't like/trust Tesla. Fair enough. But from a previous post I get the impression you don't have a problem with gov't loans to EV makers. So where is the Economics 101?

I'll admit that I don't like the concept of mandating MPG increases driving the tech... I'm much more in favor of a floating fuel tax that has the effect of stabilizing prices. If that has the effect of dissuading the public from buying gas hogs and increasing the likelihood of private investment in alternative fueling, all the better. But "tax" seems to be a bad word.
Economics 101 concerns taking advantage of the gov't printing money. It doesn't do anyone any good. Look at pre-WW2 Germany.

I think that coming up with better sources of electricity would be a better use of $465m, if the alternative was giving it to Tesla. I'm not on the CO2 enviro-doom chicken little bandwagon, but rather I'm sick of relying on mideast oil. I believe we will live to see it run out.
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