Thomas Friedman Gets Angry: Mr. Bush, Lead or Leave
Thomas Friedman seems really angry in the video below as he discusses US energy policy. He wrote a powerful editorial on Sunday, June 22 about energy policy. Friedman column: "Mr. Bush, Lead or Leave". He was interviewed about the column. Highlights are below, but watch the videos.
Highlights:
"What is his [Bush's] energy plan?"
On 9/12, gas was $1.60 a gallon
President told us to go shopping
"Complete incoherent mess"
Saudis: "Stone age didn't end because we ran out of stones"
"We want the price to be just high enough to maximize return... but not so high that the West starts to invent alternatives to oil"
This administration fought against mileage standards for almost 7 years
Nobody is talking about radical innovation and radical energy efficiency
Calls President Bush "Addict in Chief"
Need incentives for radical innovation
Efficiency needed for refrigerators and bulbs
Radical conservation needed ... must drive 55mph
Clean tech, clean power, clean energy is next great global industry
Our energy policy is to beg Saudi Arabia to take ten cents off a gallon of gas
Pat Buchanan asks if it is politically viable to impose taxes for energy consumption.
Friedman says that tariffs will put money in US Treasury and reduce taxes paid to OPEC treasuries and reduce consumption
Buchanan agrees that it could fly politically if tariffs disbursed backed to consumers
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