Energy Policy Act of 2005 - Support

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:

    Many people now believe that if fathers are more involved in raising children than they were, children and sons in particular will learn that men can be warm and supportive of others as well as be high achievers. Thus, fathers’ involvement may be beneficial not because it will help support traditional male roles, but because it will help break them down.
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    I believe, as Maori people do, that children should have more adults in their lives than just their mothers and fathers. Children need more than one or two positive role models. It is in your children’s best interest that you help them cultivate a support system that extends beyond their immediate family.
    Stephanie Marston (20th century)

    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)