Re: The Einstein Energy Plan
The US uses 64 billion gallons of gasoline a year.
My proposal will make both Environmentalists and Skeptics pleased in my opinion.
The United States has, after a series of re-evaluations by the United States Geological Service, a technically recoverable amount of oil near the 2 trillion barrel mark.
This number is expected to rise with the completion of the reviews and due to future advances in technology.
The rest of the world is calculated to be near 1 trillion barrels as well, for a grand total of 3 trillion barrels.
In simpler terms: Peak oil is more than two hundred years away.
My plan is simple and helps the poor in the United Stats, removes some of the burdens placed on industry by Environmentalists, and while unfortunate, also establishes a permament way to fund environmentalist projects
Simply put 64 billion gallons at $4 a gallon equates to $256 billion dollars. My proposal is that for every four cents under four dollars a barrel an additional penny in cost is added and the funds go to match private investment in green science and development.
For example if the real cost of gasoline was reduced to $2 a gallon $0.50 would be added to the cost and would fund Green Projects. In this example that would mean 32 billion USD for Green Projects.
I add two provisions to this
1) A Certain amount must be set aside, the Percentage set by congress, for science, the rest is to match private investment at a dollar for dollar (or if there is more private investment than fund dollars an amount equal to the percentage for a given project by investors) with any remainder going to pay off the US Debt.
2) The fund will require a specific set of projects to be the only ones able to qualiify but an example list can include: Biomass Energy, Clean Coal, Wind, Solar, Geothermal, Algae, BioFuel, and Tidal Power.
Additionally I expect that a protected well design be insituted where of a oil drilling company follows it they cannot be sued and so long as they intend to drill in 3 months they cannot be denied a Federal Land Permit to drill at the desired locaion. Horiozontal drilling means there is much less issue with a drilling station being everywhere so all claims can be required to be a certain (not excessive) distance from each other to preserve the environment.
By requiring matching we prevent the horrific spending done by Obama for donors with companies on the brink of failure who failed anyways.
My plan would reduce prices at the pump, increase green spending, decrease dependency on hostile foriegn nations, and be a true middle ground.
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)