October 7, 2005

Quote of the Day: On Energy Policy

Filed under: Consumer Outrage, Economy, Environment, Taxes & Government — TBlumer @ 1:42 pm

A huge point on energy use from Stocks or Bonds (7th and 8th paras at link):

Few folks realize how much energy we waste when we produce and distribute energy. Misguided environmental policies have added and abetted incredible losses.

Take the California fiasco as a prime example. Power plants are not built in California but power is transmitted to the state. This highly inefficient practice results in the extra burning of millions of tons of coal; just don’t burn it in California.

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