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I found this short-but-sweet editorial to be quite poignant in our recent discussions...

The environmentalist Left is opposed to oil exploration in the Arctic because it thinks we should give up our gas-guzzling Jeep Cherokees for rinky-dink electric cars. Okay. In that case, with all these electric cars, we'll need more electricity, so we should build some nuclear power plants. No, sorry, say the environmentalists, we can't risk another Three Mile Island. Okay. Well, how about coal-fired plants? No can do. Coal's too dirty. Greenhouse gas emissions. Okay. You guys are in favour of mass transit so let's go back to wood-fired steam trains. A bit cumbersome. No, sorry, say the environmentalists. We're opposed to logging. We want a ban on forestry work in environmentally sensitive areas such as forests.

This is the genius of the Bush approach. By being in favour of everything, he's brilliantly exposed the fact that the other side's in favour of nothing. No nukes. No wells. No refineries. No exploration. No nothing, no matter how safe, clean and efficient the energy industry gets. Thus, the no-policy policy of the Clinton Administration these last eight years.

Long on XOM,
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