AMERICA SHOULD DECLARE ITS ENERGY INDEPENDENCE
America has 1/4th the coal on planet Earth and 100 years worth of natural gas. If citizens demand it, these resources could be used to establish United States energy independence in a matter of a few years. Declaring our energy independence would greatly reduce the US trade imbalance, keep capital in this country for job creation and deny funds to Middle East terrorists.
Existing fleets of automobiles can readily be retrofitted to run on natural gas and would be more practical than subsidizing electric cars that have limited range and long recharge cycles.
BUT THE GLOBAL WARMING SCAM, FOREIGN TAX CREDITS, AND CAP & TRADE GUARANTEE THE STATUS QUO FOR INTERNATIONAL OIL COMPANIES, OPEC AND TERRORISM:
The oil embargo of 1973 began the greatest transfer of wealth in the history of the world. - RAL
Remember that game called what OPEC could buy, in 1975, the whole New York Times Company for one and a half hours' surplus. It could buy the Washington Post Company, with Newsweek and all its TV stations, with another one and a half hours' surplus. It could buy all the American media, ABC, CBS, the Los Angeles Times---the works---in a week, and it could buy all the stocks on the London exchange in eight months, arithmetically speaking. It takes a big scale to rock a big system. (from pgs. 243-244 Paper Money @1981 by Adam Smith hardback)
The United States agreed to transfer jobs and technology to developing countries under INTERNATIONAL AGREEMENT Algiers Declaration 1975
A major portion of the planned or new petrochemical complexes, oil refineries and fertilizer plants be built in the territories of OPEC Member Countries with the co-operation of industrialized nations for export purposes to the developed countries with guaranteed access for such products to the markets of these countries.
FOREIGN TAX CREDITS FOR INTERNATIONAL OIL COMPANIES
In 1977 Representative Benjamin Rosenthal of New York produced secret Internal Revenue Service documents going back to 1950. They showed that the tax laws of Saudi Arabia were drafted with the help of Aramco to call the added price of oil not a ??royalty?? or ??cost of doing business,?? as was proper, but an income tax.?? The Saudis did this knowing that income tax paid to a foreign country is deductible from the income taxes an oil company pays the United States on all income received in the United States by the parent firm. From The Media Monopoly by Ben H. Bagdikian
??This plan was approved in secret session of the National Security Council and carried out without any request for authorization by Congress. A quarter of a century later, when members of the Senate Foreign Relations Committee un-earthed details, the source of the king's added income had become too self-evident for comment.?? From Oil Power The Rise and Fall of An American Empire by Carl Solberg
??This practice, perfected in Saudi Arabia, was quickly adopted elsewhere. Eventually, every oil-producing nation where American companies had a concession enacted an income tax law to increase its oil revenue by tapping the foreign tax credit provision of the U.S. Internal Revenue Code.?? From pgs. 183-190 America: Who Really Pays The Taxes by Donald L.Barlett & James B. Steele paperback
??Since that time the major multinational U.S. oil companies have paid hardly a penny of U.S. income tax on their foreign income.?? page130 BANKS BORROWERS, AND THE ESTABLISHMENT
Roughly 4.7 million charging points for electric vehicles will be installed globally from 2010 to 2015, according to a report from Pike Research.
These charging points—ranging from residential gear to public and workplace stations—will service more than 3.1 million electric vehicles (EVs) by 2015. These vehicles will range from plug-in hybrids to all electric cars, said Pike, a cleantech research firm.
Pike said that it cut its original estimate from 5 million charging stations through 2015 due to “slower projected rate of sales for EVs, in addition to the continued lack of a clear business model for public charging stations.” In other words, government stations will be the norm.
According to its report, 1 million charging points will be available in the U.S. by 2015. U.S. EVs will mostly be charged at home. The rest of the world will have more public charging stations. Pike Research said that Asia Pacific will lead EV charging equipment sales due to government incentives. Charging equipment that will pump power into the grid will be limited to fleet applications through 2015.
It’s also worth noting that Pike reckons that the EV infrastructure market is going to get crowded by the end of 2011. Startups such as AeroVironment, Better Place and Coulomb Technologies will give way to the likes of GE, Samsung and Siemens among others. Like most emerging sectors, it’s a safe bet that the early movers in EV infrastructure will be acquired by the big fish.
