Now that CAFE is dead, it's all about the tax incentives
High gasoline prices are only the most obvious, negative result of America's foreign oil dependency. The worldwide geopolitical crisis that America is facing in an effort to maintain its dependency on oil is the real, but less visible, problem.Now that CAFE is essentially dead, or at least rendered useless, the only thing that can make a difference are tax incentives. Congress must give consumers strong tax incentives to buy hybrid cars or to use bio-diesel, for example.
If automakers don't want to develop such technologies - they don't have to - but let consumers reward those that can and will.
It is simply ridiculous that vehicles, such as the Hummer, can receive a $25,000 small business tax deduction - a tax incentive far greater than any hybrid receives. When the Hummer achieves 35 mpg, then it might deserve such a deduction.
It's time for Americans to make a stand and demand that we stop giving so many incentives to oil companies and the likes, and that we give those incentives to consumers that reduce their oil use, or that move beyond oil.
American automakers have thus far failed America, oil companies have failed America, and if Congress doesn't pass a strong set of tax incentives for consumers, not corporations, to buy clean technologies, they will continue their failure of America.
Let's not let it happen. (More)
Labels: bio-diesel, clean diesel, foreign oil dependency, gas tax, hybrid cars, small cars






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