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I have not yet read the rest of the text you linked to, but your extract has the usual blind spot that demand is taken has a given, and not something that we can influence (downwards) via our policies.

As I write often enough, worrying about dependency to Russian gas while having policies that encourage our utilities to build more gas-fired plants is a pretty good definition of insanity.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Feb 9th, 2008 at 07:45:43 AM EST

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