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  • Why We Need Higher Gas Prices [View article]
    I thought that I would be able to get through the holidays without putting on my 'best academic energy economist in the world' hat, but apparently I was wrong. The cap-and-trade thing that the new president and his 'energy team' have unfortunately bought was sold by pseudo-experts and other know-nothings as the one that has succeeded in Europe. But it has NOT succeeded in Europe. Cap-and-trade is little better than a scam. Check out the work of Professor David Victor of Stanford University on this subject.

    I don't believe for a minute that I can get persons to accept my arguments against emissions trading (or cap-and-trade) unless, possibly, they were in a seminar or conference where I was doing my song and dance, but in that setting they might get the message.

    And, before I forget, solar and wind are NOT free, and they are NOT cheap. MORE solar thermal and wind are definitely needed, but forget about making them the background of US 'energy independence'.- if there is such a thing.
    Dec 29 08:46 am |Rating: +5 -4
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