How to Fix America's Energy Crisis (page 2 of 4)

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What Government Can Do

  • Create a carbon credit law, similar to one in Europe, that allows companies to spew out a certain amount of carbon. If a company exceeds its limit, it has to buy another company's credits.

  • Start a "feebate." On a sliding scale, charge a "fee" for cars that emit more carbon dioxide, like Hummers, and offer a "rebate" on cars that spew less, like hybrids.

  • Promote nuclear energy use by building new plants. Support the DOE's Next Generation Nuclear Plant program to develop more efficient reactors and give tax credits to investors.

  • Raise CAFE (corporate average fuel economy) standards, which require automakers to make vehicles with better gas mileage, from 27.5 mpg to 42 mpg in ten years.

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