Sunday, June 22, 2008

Sometimes It Takes a Crisis to Bring About Change

In response to Is There an End in Sight?

There has been an energy crisis for many years now. Unfortunately its economic effects have taken a drastic turn for the worst in recent months. As the author mentioned, consumer gas prices are not the only area of increased costs. I have worked in the restaurant industry for several years and have recently seen significant menu increases. Let me assure you that the price of growing produce and raising cattle hasn't changed much, but transportation costs have certainly increased. Is anything being done about this crisis? The author seems to think not.

Every major auto company has devoted significant resources to developing energy-saving cars. This past year hybrid engines were included in many low-end and luxury class models. Certainly economic pressures will continue to drive up the demand for more fuel efficient cars, and manufacturers will likely answer accordingly. Despite these recent efforts, car companies are not the only ones looking out for our future.

The government has assumed a great deal of responsibility for energy efficiency. Recent legislation and political efforts have pressured manufacturers into improving vehicle performance. Unfortunately the economy won't feel any relief until consumers begin to purchase hybrid models more steadily. The government has played its part in two areas. First, many low-efficiency vehicles require an additional gas-guzzler tax upon purchase. Ideally this penalty will discourage consumer dependence on such cars. Secondly, the government began offering a $4000 tax credit for purchase of certain hybrid autos. These two actions are significant steps toward a more energy-minded population.

So is there an end in sight? There most certainly is. Our current economic crisis has induced drastic changes. We have made significant strides in many areas: consumer, industrial, and political. There is still a great deal of innovation that needs to take place. The government will need to maintain its role in encouraging energy-efficiency. Initially alternative energy resources will require a great deal of funding, but long term returns will be extraordinary. As oil prices continue to rise, improvements in energy usage are imminent. How much are Americans willing to endure before requiring change?

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