July 20, 2008
What an honest Democrat would say about their current energy policy: "Yeah, I know that $4 gas is painful. But do you know what? Gas prices are going to have to go a LOT higher for us to achieve the CO2 abatement targets I am proposing, so suck it up. Just to give you a sense of scale, the Europeans pay nearly twice as much as we do for gas, and even at those levels, they are orders of magnitude short of the CO2 abatement I have committed us to achieve. Since late 2006, gas prices in this country have doubled, and demand has fallen by perhaps 5%. That will probably improve over time as people buy new cars and change behaviors, but it may well require gasoline prices north of $20 a gallon before we meet the CO2 goal I have adopted. So get ready." - Climate Skeptic: In Search of Honesty
Posted by Vanderleun at July 20, 2008 2:21 PM. This is an entry on the sideblog of American Digest: Check it out.