zRants

We have seen the results of corporate tax credits and research grants. Huge corporate profits and not a lot of positive change. We are told it will take years for the car manufacturers to deliver fuel efficient cars, and for the gas companies to replace the old fuel distribution system.

We need faster solutions and we need a better return on our tax dollars. It’s time to change the way the government finances research and development. Rather than giving away the money as tax credits and grants to oil companies and car manufacturers, the government should participate as owner/operators and investors. Use the income from profits to pay down the debt, or keep prices down for the consumers.

Invest in specific areas of production. If the car manufacturers need money to retool to produce energy-efficient cars, the government can participate as a partner, pay for the retooling and be reimbursed as cars are sold.

Many local governments are producing limited amounts of fuel for their own transit needs. These programs can be expanded to serve the public as well. Diesel engines can run on other fuels. Delivering alternative fuels to trucks should be a top priority since so much of the economy depends on trucks for delivery.