Wednesday, August 6, 2008

Obamaenergy

Barak Obama has a plan. We don't know exactly what it is, but this is what it will do:

Provide short‐term relief to American families facing pain at the pump.

I think this is his plan to give everyone (well, exept the rich, probably), a $1000 tax rebate (like the one W gave everyone that Obama thought was a bad idea), "paid for" by a windfall profits tax on oil companies. So he's going to increase demand, and limit supply. That'll work great.

Help create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.

Really? That's $750 per person. I'd rather keep that money for the gas price increase he's causing. What will catalyze private efforts to build 'clean' energy is demand for it. Given $10/gallon gas in Europe hasn't motivated Euopeans to find a way to get around without gasoline, I doubt Obama can spur demand by taking more of your money. Plus, we don't exactly know what he's going to do with your money, do we.

Within 10 years save more oil than we currently import from the Middle East and Venezuela combined.

By proper tire inflation and tuneups I suppose. Does he understand Physics or Economics? Really?

Put 1 million Plug‐In Hybrid cars – cars that can get up to 150 miles per gallon – on the road by 2015, cars that we will work to make sure are built here in America.

Where, exactly, does the government get the power to force someone to produce a good? And what does "work to make sure" even mean?

Ensure 10 percent of our electricity comes from renewable sources by 2012, and 25 percent by 2025.

Renewable, like nuclear? Or maybe some windmills? Perhaps Mr. Obama should look in to how much forested land would have to be cleared to build all those (remarkably inefficient) windmills.

Implement an economy‐wide cap‐and‐trade program to reduce greenhouse gas emissions 80 percent by 2050.

Cap and trade is a shell game that works out to be a tax. I promise taxes won't reduce greenhouse gas emissions, and I promise if they did, you would not like a world where emissions were 80% lower than today. Unless you like abject poverty, starvation, being really, really cold in the winter, and really hot in the summer.

From a Liberty standpoint, McCain is no better, but he appears to have something resembling an understanding of, well, reality. Sort of.

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