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American Capital Agency Corp. Message Board

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  • usaf_ghost_rider usaf_ghost_rider Nov 15, 2012 4:02 PM Flag

    Carbon Foot Print

    Bought the daughters a 2010 Insight and 2011 Prius --- both hybrids --- outstanding fuel economy (45 mpg on the Insight and 53 mpg on the Prius) makes up for the low mpg I get on the tractors on the farms, but they're used to produce crops which the rest of you can't live without.

    Most farmers are green too -- geothermal for HVACs and wind and solar. .

    Sentiment: Buy

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    • Obama mandated MPG 35.5 by 2016 and 54.5 mpg by 2025. That is the largest mandatory fuel economy increase in history. He is also pushing hard for solar (with a few bumps and grinds), as well as wind. Since energy is local (solar works better in AZ, while wind works better in ND), we need to look at all available options, as there is no "one size fits all" By the way, wood is the preferred heating source in VT.
      Yes, we all need to walk and bike more, and perhaps drive a lot less (How about parking a little farther from the mall entrance and walking, instead of driving around for 15 minutes looking for a closer parking space?)
      There are so many things that we can do to decrease energy consumption without negatively impacting our quality of life. But then the oil companies wouldn't make as much money.

      • 2 Replies to gman310
      • I agree with energy subsidies to jump start technologies so that they are there when we need them less we get caught holding the bag when oil and natural gas run out. This can be done by giving tax credits to the end user. I can even agree with excluding foreign products from qualifying for these credits so that US companies get a competitive advantage. However this latter condition can be a problem if it causes our companies to lag others because the tax credits made us less aggressive in seeking cost reductions in which case you can create a situation where your companies can never compete on their own without subsidies.

        What I don't agree with is going to specific US companies and giving them money and thus giving them advantage over other US companies that do not receive the same unless you give the same amount of funding to all US companies so you are not deciding the winners and the losers. Also, in the past, the companies who received this financial aid were contributors to Obama's campaign and that makes it look like graft, which basically it is as that is what rewarding the people who voted for you is and it encourages more political contributions in the future which obviously is not condoned by anyone with a solid moral foundation. It is almost impossible to keep a handle on this and for this reason I am hugely opposed to it. I’d rather not see the entire country transformed into a Chicago styled scenario where graft is seen as the normal way to do government business.

      • When word of mouth spreads on the efficiency of the Volt-type plug in hybrids, the American consumer will accelerate avg MPG much faster than the mandates.

        If we have people like Raybans on board already, we will be an oil exporting nation sooner than anyone can imagine, provided we dont get a republican neocon fool in in '16 to turn it all backwards like Reagan did.

 
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