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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: kryptonic6	4/20/2005 1:22:03 AM
	of 1183

The Missing Energy Strategy New York Times 19 Apr, 2005 The House is moving quickly and with sad predictability toward approval of yet another energy bill heavily weighted in favor of the oil, gas and coal industries. In due course the Senate may give the country something better. But unless Mr. Bush rapidly elevates the discussion, any bill that emerges from Congress is almost certain to fall short of the creative strategies needed to confront the two great energy-related issues of the age: the country's increasing dependency on imported oil, and global warming, which is caused chiefly by the very fuels the bill so generously subsidizes. What's maddening about this is that there is no shortage of ideas about what to do. Step outside the White House and Congress, and one hears a chorus of voices begging for something far more robust and forward-looking than the trivialities of this energy bill. It is a strikingly bipartisan chorus, too, embracing environmentalists, foreign policy hawks and other unlikely allies. nytimes.com

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