by democrat voter, Mon May 05, 2008 at 09:24:48 AM EDT
Instead of arguing over whether a gas tax holiday is a good idea or not, or whether "experts" think it is good or if it would actually pass, people should consider other ideas that could help Americans at the pump and at the grocery store. Obama criticizes the tax holiday but he offers nothing instead. Here is an idea that could work. (BTW I have already sent this idea to the Clinton campaign, perhaps someone should tell Obama to offer something instead on only trashing others ideas)
Fuel to Food Program
The Fuel to Food program would provide consumers with a $.50 per gallon rebate on gasoline purchased at the pump. The rebate would be financed by leveling a windfall profits tax on Oil Company Profits. The rebate would be in the form of a food coupon, which could only be used for the purchase of food items as described under the federal food stamp program.
Per Capita Gasoline consumption .. 8.7 gallons per week
US gasoline consumption........... 2.6 billion gallons per week
Oil Company Profits 2007 ......... $200 billion*
Oil Profits....................... $3.9 billion per week
Estimated* based on the combined profits of the 5 largest companies and the reported 60% market share they hold.
Rebate $.50 per gallon (1) ....... $1.3 billion/week
Family of 4 ...................... $18 per week/$905 per year
Windfall tax rate................. 33percent/17 percent*
*based on Exxon's reported rate of 49 percent tax in 2007. Oil profits before taxes are $7.8 billion. Rebate of $1.8 billion is 16.6 percent of profit before taxes. This returns Oil company profits to approximately the 2003-2004 levels. This does not include diesel fuel. Diesel would need to fall under a separate program as it is primarily a commercial fuel.
(1)Rebates are in the form of a 'food coupon' which has the same spending restrictions as the federal food stamp program (no alcohol, tobacco, etc.)
by Chelsea Sexton, Fri Mar 21, 2008 at 11:15:28 AM EDT
Plug In America Needs Your Help. You Are Invited!
Plug in America Press Conference and Rally
Date: Wednesday - March 26, 2008
Time: 10:30 a.m.
Where: California EPA Building
..........1001 I Street
Electric Car Drivers: Bring Your EVs!
We want zero emission electric cars on the road, and we want them NOW! Help PIA inspire Governor Arnold Schwarzenegger and CARB Chair Mary Nichols to do the right thing by clicking here.
by joelado, Sun Dec 30, 2007 at 09:52:52 AM EST
The belief that uniform benefit could be had by pure unregulated capitalistic economies died more than a century ago when people realized that pure market economies failed to produce a benefit to society as a whole. This wasn't a change in thinking from capitalism to socialism as it is often debated now days, but rather a realization that unbridled capitalism exacerbated the conditions that brought about Communism. The great majority of the nation, liberal and conservative, businessman and laborer, came to the same conclusion, that to be in a truly fully capitalist society government played an important role. That role was and is primarily to keep the playing field fair and even so that basic economic principles that benefit mankind can take hold. What had occurred during this time period was that forces gaming the system, chiefly monopolists, took over the open capitalist markets and closed them to the detriment of a great majority of the citizenry.
by joelado, Sun May 13, 2007 at 07:09:31 AM EDT
In 1980 Stanford Ovshinsky patented a battery that was supposed to revolutionize the world. A battery that he knew could take almost unlimited charges and discharges, a battery that held far more energy at half the weight of lead acid batteries, a battery whose thermal properties were balanced with metals that combine endothermic and exothermic reactions to prevent thermal runaway, which is an explosive reaction common to the first iterations of lithium-ion batteries. Twenty seven years later those batteries are just beginning to have the impact they promised a quarter of a century ago.
by joelado, Tue May 08, 2007 at 07:29:02 PM EDT
One of the most pervasive views that I have worked hard against is that electric vehicles are small, slow, derivatives of golf carts. Golf carts may be slow, but electric vehicles never have been.
The Count Gaston de Chasseloup-Laubat of Paris, France on his electric vehicle the Jeantaud landspeed.com
I just want to set the record straight. The first speed record ever recorded for an automobile was done on December 18, 1898 in an electric vehicle.