Let the Oil Companies Bail Out the Car Companies
It seems like we should let the oil companies loan the "bailout" money to the auto makers. Think about it we put the presure for reapyment on the oil companies direct. In order for the clean tech portion to work you would have the Federal Govt. raise the MPG requirement to 50 miles per gallon by 2014. Plus, all profit above $5B would go into a job creation pool that can be accessed for clean tech jobs only.
So in on swoop we solve the auto bailout, we have the oil profits fund clean tech and we revitalize the economy.
vote_value:
6
Green fact:
Top Ideas
Green Poll
3BL Media
- New Drama Promotes Women's Rights in Mexico: Video Trailer
- Pipeline Heat Project Recaptures Energy With Chevy’s Help
- CR Leaders Corner: Witold Henisz
- Newark Schools Receive IBM Technology Centers to Improve Children's Math, Science & Language Skills
- Accountability-Central.com AC Alert for February 7, 2012 Is Cheaper Natural Gas Good for Our Environment?
Comments
This might be one of the most
Mon, 06/13/2011 - 17:45 — AnonymousThis might be one of the most ill concieved fairy tale fixes I have ever heard.
I totally agree. "Necessity
Mon, 01/19/2009 - 08:43 — samdeedI totally agree.
"Necessity is the mother of all invention." If companies are forced to change they will. If there is a benefit to change after being forced the change wont seem so bitter for the companies.
I think this is absolutely
Fri, 01/16/2009 - 07:31 — Steve McGill (not verified)I think this is absolutely brilliant. Who else has more of a vested interested in the survival of the US auto industry other than the oil companies. Without cars consuming oil, no oil demand and no profits for OPEC.
Oh yeah that's a great
Thu, 01/15/2009 - 21:28 — Green User (not verified)Oh yeah that's a great idea!
We'll just get all of the American based oil companies to bailout the auto industry.
What the heck does OPEC care if our auto industry goes under? and don't say that they'll have no one to buy their product because as everyone (foreign and domestic) seems to think that we're the only ones that use oil we're not, all major countries use it (not just for cars). Sure we probably use more than most countries, but that doesn't mean other countries aren't to blame as well.
The auto industry needs a bailout so that they can provide steady jobs to people so these new employees will have a constant inflow of income, which will in turn spike the economy.
A $500 check will go straight into the savings account of everyone that's eligible to receive one and will not benefit the nation as a whole, but as a nation of individuals that have at least $500 in their bank account.
Sorry for the rant
Great Idea!
Thu, 01/15/2009 - 06:01 — GopalGreat Idea!