we need a national energy policy not a poorly thought out new tax created by another member of the government looking for his sound bite. Article in the NYT yesterday about how we are exporting coal which will cost the power plants more money and cause a 10-12% increase to the consumer next year.
Those of us who saw the energy crises in the 1970's certainly cannot say we didn't know or weren't warned. If we had the discipline to think long term then, we wouldn't be in this situation now. So the same logic applies, if we don't create a national and strategic commitment to energy policy, mgt and consumption, where will we be 30 years from now?
I just fail to see how a .50 gas tax gets us anywhere close to the comprehensive approach we need. The issue we have to address is every potential long term solution will have significant mid term economic repercussions. The American standard of living will either come down or plateau as money is redistributed from discretionary purchases to energy, food, medical care, and maybe education. Coincidentally, these necessities are the most inflationary items in our economy.
I once read a study that said in response to a doctor telling you to change certain unhealthy habits or face certain early death, only 10% of the population could do it. We are unlikely to make any substantive change until forced.
Ok, rant over...
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