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Here's a "shrewd long term oil plan"...
Oct 16 10:51 am
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All Comments by Chris B »China's Shrewd Long-Term Oil Plan: What America Can Learn [View article]
GET OFF OF IT!
-Chigago or European style light rail in all cities and between all cities.
-Cut income taxes and raise fuel taxes.
-Invest in fixing crime and schools - then inner cities will rebuild on their own and average commutes will shorten!
-Assist railroads in adding freight shipping capacity.
-Assist utilities with building nat gas infrastructure for heating in the Northeast.
-Tax credits for geothermal home heating / cooling systems.
-Manhattan project sized research inititive for alt-fuel vehicles (and no, not ethanol).
If China doesn't do this, they will in a few years be in as bad a position as we are - having recessions scheduled by oil sheiks. Not so smart.