Foreign Oil
Dependency: It all comes down to clean vehicle tax
incentives
Friday,
May 12, 2006
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)
posted by Dahcredyns at 11:19
AM
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