Re: Candidates gas plans will raise gas prices



http://www.nytimes.com/2008/04/30/opinion/30friedman.html?em&ex=1209700800&en=5e50edff9f212b25&ei=5087%0A

Some excerpts from Friedman's column, the whole thing is a great
read...
<<< It is great to see that we finally have some national unity on
energy policy. Unfortunately, the unifying idea is so ridiculous, so
unworthy of the people aspiring to lead our nation, it takes your
breath away. Hillary Clinton has decided to line up with John McCain
in pushing to suspend the federal excise tax on gasoline, 18.4 cents a
gallon, for this summer’s travel season. This is not an energy policy.
This is money laundering: we borrow money from China and ship it to
Saudi Arabia and take a little cut for ourselves as it goes through
our gas tanks. What a way to build our country.

When the summer is over, we will have increased our debt to China,
increased our transfer of wealth to Saudi Arabia and increased our
contribution to global warming for our kids to inherit.>>>>

<<<<<The McCain-Clinton gas holiday proposal is a perfect example of
what energy expert Peter Schwartz of Global Business Network describes
as the true American energy policy today: “Maximize demand, minimize
supply and buy the rest from the people who hate us the most.”

Good for Barack Obama for resisting this shameful pandering. >>>>

<<<< It is also alarming, says Rhone Resch, the president of the Solar
Energy Industries Association, that the U.S. has reached a point
“where the priorities of Congress could become so distorted by
politics” that it would turn its back on the next great global
industry — clean power — “but that’s exactly what is happening.” If
the wind and solar credits expire, said Resch, the impact in just 2009
would be more than 100,000 jobs either lost or not created in these
industries, and $20 billion worth of investments that won’t be made.

While all the presidential candidates were railing about lost
manufacturing jobs in Ohio, no one noticed that America’s premier
solar company, First Solar, from Toledo, Ohio, was opening its newest
factory in the former East Germany — 540 high-paying engineering jobs
— because Germany has created a booming solar market and America has
not.>>>
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