Why not Gas and Grow?

by Laura Ehrenberg-Chesler on December 10, 2009

in Employment,Energy

On Wednesday, our favorite economist Ed Yardeni posed the question, “Why not Gas and Grow?”  With the EPA grabbing power in an attempt to make Cap and Trade look good, more uncertainty is being created for business.  More uncertainty means fewer businesses will be hiring anytime soon.

If the real concern is greenhouse gases, why not provide more incentives to use natural gas? 

The United States has an ample supply of domestic natural gas, and we continue to find more of it.  It is a clean burning fuel, with none of the negative implications of having to import other fossil fuels from hostile regions of the world.

Using more natural gas might eliminate the need for Cap and Trade or further regulation that impedes employment growth.  So, why not “Gas and Grow”?

{ 1 comment… read it below or add one }

Jerry Eldini December 14, 2009 at 9:40 pm

Blog date: December 10, 2009
XOM acquisition of XTO announcement date: December 14, 2009
Timely at worst
Precient at best

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