Energy Incentive Solution
Hold a competition open to any U.S. based company (presumably car) for reducing oil dependency. The premise of the competition will be simple: Develop an electric car with a 200 mile charge range. The car must be priced under $20,000.00 USD. Those are the basic Criteria and innovation beyond that will be judged based on other criteria (safety, ect..), the competition would end in 2014. Prize - The winning car company ...more »
Hold a competition open to any U.S. based company (presumably car) for reducing oil dependency. The premise of the competition will be simple:
Develop an electric car with a 200 mile charge range. The car must be priced under $20,000.00 USD. Those are the basic Criteria and innovation beyond that will be judged based on other criteria (safety, ect..), the competition would end in 2014.
Prize - The winning car company will pay no taxes for 5 years. What??? Five years, yes. Business does best in competition.
All Oil Companies get a tax break to re-tool their inventory and accomdate the electric cars.
What's the End Game? -
U.S. foreign oil dependency lowers. Competitive
Gas prices drop. Competitive
The U.S. drills and breaks into strategic reserves (only to an extent) then releases the oil, thus causing a surplus of oil on the open market. Prices drop more. The U.S. sells the oil increasing Exports.
The U.S. either will make a profit or we can flood the market to drive foreign gas companies out of business.
The U.S. drives foreign oil out of business by undercutting expenses.
Once the foreign oil companies bankrupt. The U.S. cuts off oil production leaving a vaccum.
The new re-tooled U.S. energy/oil companies sell their infrastructure to foreign countries and now the car companies can export vehichles.
The plan not only eliminates U.S. energy needs but puts the U.S. incharge of the energy industry.
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