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Originally Posted by loquitur
We should get rid of "tax breaks" altogether and let the market decide which sources of energy have a future. Neither the existing oil companies nor the pie in the sky energy companies should have subsidies. Whatever works will succeed.
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Part of the problem is that we are setup to use cheap gas, coal and natural gas. There isn't a real easy way to say,one year from now I will be free from gasoline. I could spend about $10,000 and reduce my need by about 75% or so. If we subsidize research into alternative fuels/better batteries/public renewable fuel projects we could eliminate our need for foreign oil and reduce our domestic oil use as well. And that is just with the technology we have now, it could be done cheaper and improvements could be made if there was some more start-up funding and less risk in making this switch happen.