Quote from drjekyllus:
I has to do with something called Free Market. If the green technologies are so good, then let them compete with other energy sources on a level playing field. Most green technologies can't compete with fossil fuels, bottomline. Green energy by and large can only compete through government mandates and subsitities. The fact that fossil fuels fuel the majority of the worlds energy needs is not a mistake or an accident. Obama has a green plan for energy and this is a direct quote from His Holiness.
"When I was asked earlier about the issue of coalâ¦under my plan of a cap and trade system, electricity rates would necessarily skyrocketâ¦even regardless of what I say about whether coal is good or bad, because Iâm capping greenhouse gasses, coal power plants, natural gasâ¦you name itâ¦whatever the plants were, whatever the industry was, they would have to retro-fit their operations.
That will cost moneyâ¦they will pass that money on to the consumers. "
Wow, where did I sign up. This sounds great.