A very good idea but there would need to be a political will, and for that the citizens themselves would have to be convinced it's good for them to pay more at the pump than they would without that import duty.
Michel ----- Original Message ----- From: "Jones Beene" <[EMAIL PROTECTED]> To: "vortex" <vortex-l@eskimo.com> Sent: Tuesday, July 17, 2007 4:58 AM Subject: [Vo]:Our friends in Arabia > Former CIA director James Woolsey made this insightful > observation in this month's "Futurist" magazine > > http://www.wfs.org/futintervja07.htm > > "If you remember, we got interested in alternative > fuel firms like the Synfuels Corporation in the late > seventies and then in 1985, the Saudi's dropped the > oil down to $5 a barrel and bankrupted the Synfuels > Corporation. > > The good news is that they bankrupted the Soviet > Union, too, but they certainly undercut alternative > fuel efforts. People got interested in alternative > fuels again in the early nineties, then in the late > nineties, oil dropped down to $10 a barrel and people > lost interest, again. One of the things that we have > to do is make sure that this rollercoaster effect > can't happen again." > > END > > One way to do this is a floating import duty on > Arabian oil which will keep the price at a level where > all the alternative biofuel, like Algoil, which we can > make from Algae will have a ready market. We can > exclude corn ethanol by other means. >
