Support
The collective reduction in national consumption of energy (gas and electricity) is significant for home heating. The Act provided tangible financial incentives (tax credits) for average homeowners to make environmentally positive changes to their homes. It made improvements to home energy use more affordable for walls, doors, windows, roofs, water heaters, etc. Consumer spending, and hence the national economy, was abetted. Industry grew for manufacture of these environmentally positive improvements. These positive improvements have been near and long-term in effect.
The collective reduction in national consumption of oil is significant for automotive vehicles. The Act provided tangible financial incentives (tax credits) for operators of hybrid vehicles. It helped fuel competition among auto makers to meet rising demands for fuel-efficient vehicles. Consumer spending, and hence the national economy, was abetted. Dependence on imported oil was reduced. The national trade deficit was improved. Industry grew for manufacture of these environmentally positive improvements. These positive improvements have been near and long-term in effect.
Read more about this topic: Energy Policy Act Of 2005
Famous quotes containing the word support:
“Have a sense of piety ever on your mind, and be ever mindful that this is subject to no change, but will last you as long as life and support you in death. Elevate your soul by prayer and by contemplation without mystical enthusiasm.”
—James Boswell (1740–1795)
“Well of all things in the world, I don’t suppose anything can be so dreadful as a public wedding—my stars!—I should never be able to support it!”
—Frances Burney (1752–1840)
“The habit of arguing in support of atheism, whether it be done from conviction or in pretense, is a wicked and impious practice.”
—Marcus Tullius Cicero (106–43 B.C.)