Prop 10 – ALTERNATIVE FUEL VEHICLES AND RENEWABLE ENERGY

My Summary: From the LA Times: “Borrow $5 billion, most of it to be distributed as rebates to buyers of vehicles fueled by natural gas, hydrogen, electricity and other alternative fuels.”

My Opinion: This one is a no-brainer. Not only is it a lot of bonds, but they’re super stupid bonds too. This one is especially pointless now that gas is coming back down to Earth. I doubt people will be running out to buy any alternative fuel cars now.

The other main reason I’m against this, is that I think alternative fuels will only become a reality when economically feasible.  Just because some people desperately want alternative fuels doesn’t mean the government needs to drop $5 billion on it. If any of the car manufacturers think they can make a buck, they will.

Bottom Line: People that want alternative fuel cars can have them, but the government doesn’t need to pay for them.

I am voting NO on Prop 10.

Make sure you visit Geeky Weekly for his take on Prop 10.