TEG

vfx

They mention Obama's target of one million plug ins by 21015 but not his 2 billion pledged for advanced battery research.

Not sure what they mean by overcapacity, sounds like blatant naysaying.

We need to increase taxes on gasoline.

I suggest a tax that only holds the sales price level every time it is dropped by the oil companies. Cap at 3.50 a gallon (the magic price where consumers broke down).

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The world loves to be deceived.

Tdave

The price of gas would quickly go to 3.50, squeezing out your additional tax. The only effect would be to enrichen the oil companies.

Kevin Harney

Yeah we need a tax that keeps the gas a constant price of $5/gallon. If it goes tot he govt we benefit and if it goes to the oil companies then they will go out of business cause we will all find other sources. Also, cut out all of the hidden govt subsidies. That will drive the price way up.

vfx

Can't disagree. But if we kept the same gasoline tax as today and added my scheme to the top of it then there is no loss of Government funds.

There would be a little bonus additional funds coming in as the oil industry raised then lowered prices on the way to $3.50.

The point of the plan is not to make extra money for the Government nor is it to make the oil companies richer, though it will and make them look bad in the process since they can't blame the Government and taxes for the high prices.

The ultimate goal of the plan is to get the price of gasoline to $3.50 a gallon. That is the point that consumers started screaming for Electric cars.

Someone may have a more elegant plan (see, feed-in-tariff) but this one ain't bad.

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The world loves to be deceived.