Severin Borenstein: I don’t think my house should be energy independent any more than it should be food independent or clothing independent. Advanced economies around the world have gotten to be advanced economies by taking advantage of economies of scale, not by encouraging every household to be self-sufficient.
Dick Price: The reason we’ve got oil rigs drilling a mile deep into the ocean and fouling Alaska’s wilderness is because you and I insist on filling up our car’s gas tank anytime we want, right to the top, at a fraction of the cost others around the world pay, almost as an inalienable right. It’s why we’ve got soldiers dying in Afghanistan and Iraq these many years down the road, too, you know.
Tuesday, January 20th, marks the beginning of Barack Obama’s first 100 days in office. On that day the new President will begin tackling a host of economic problems currently plaguing the nation, including the loss of nearly 2 million jobs in 2008. Obama’s economic team has already formulated a recovery plan to create jobs, over […]
The stimulus plan will create jobs repairing and upgrading the nation’s roads, bridges, ports, levees, water and sewage system, public-transit systems, electricity grid, and schools. And it will kick-start alternative, non-fossil based sources of energy (wind, solar, geothermal, and so on); new health-care information systems; and universal broadband Internet access. It’s a two-fer: lots of […]