Saturday, April 30, 2011

QUOTE OF THE DAY

"We have no energy policy, and none on the horizon. Candidates serious about the issue of high energy prices should be discussing increased CAFE standards, capital gains tax waivers for alternative energy investments, greater offshore drilling, Pigou taxes, rapid nuclear plant approvals, a huge increase in the basic R&D the government does on energy -- a Manhattan project for energy and transportation science. Instead, we hear proposals about waiving an 18-cent tax."
http://en.wikipedia.org/wiki/Corporate_Average_Fuel_Economy


-- Barry Ritholtz, The Big Picture  (2008)

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