I commend each of you that had the stomach to suffer through that. Doesn't oil alternatives come up every single time a president or presidential candidate has some massive speech? I know I've heard Bush talk about it more times than I can count. And if any of you are foolish enough to believe that his inentions are to actually try and do something about it, I want some of what you're on.
75% is way too lofty of a goal without a complete energy revolution. As of right now, there's not enough progress in that field to make me think it will happen (& mostly be completed) in the next 20 years.
let's hope he (& congress) stops taking payments from the oil industry & allowing them to corner the market. Let's hope he provides incentives for other energy alternatives.
That's the answer. Private sector won't get involved in the research and development of new energy sources because it's just too expensive and not worth their investment. Give them incentives and they will invest their own money...
Tax breaks. The energy bill signed last year mostly focused on tax credits for individuals and business who purchase fuel-efficient hybrid-electric vehicles, energy-efficient appliances and other energy-efficent products. The focus of that bill was on conservation, not on developing alternative fuels. Similar tax breaks could be given to encourage private investment into research and development of alternative fuels.
in·cen·tive ( P ) Pronunciation Key (n-sntv) n. Something, such as the fear of punishment or the expectation of reward, that induces action or motivates effort. adj. Serving to induce or motivate: an incentive bonus for high productivity.
