Utterly Meaningless » Blog Archive » IF IT WASN’T SO SAD IT’D BE FUNNY

    Filed at 8:01 pm under by dcobranchi

    George Bush’s energy plan:

    President Bush says he’s using his last six months in office to push new energy plans that include electricity from coal.

    Reliable sources of electricity must be part of a strong economy, and “there is no more reliable source of electricity than coal,” Bush said in a speech Thursday to the West Virginia Coal Association gathered at The Greenbrier Resort.

    He said promoting a variety of energy sources will be part of the “sprint to the finish” he plans for his presidency.

    The only good bit about this is that he is nearly finished. Let’s hope we survive.

    BTW, in the piece I linked to yesterday about the stupid Republicans filibustering tax incentives for large scale renewable electricity projects, I failed to notice that Applied Materials was one of the companies that is pushing for the incentives. Full disclosure: I own a couple hundred shares of AMAT that I bought precisely because of their solar energy work. AMAT makes the equipment that handles the really large pieces of glass that go into solar cells.

    2 Responses to “IF IT WASN’T SO SAD IT’D BE FUNNY”

    Comment by
    July 31st, 2008
    at 10:29 pm

    Ah yes, coal and offshore drilling. There’s some real forward thinking for ya’. Apparently he has not heard the terms “clean” and “renewable”.

    btw, I thought you said awhile back that you sold your stocks are were all in cash now.

    Comment by
    Daryl Cobranchi
    August 1st, 2008
    at 3:18 am

    I’m back in, now. REITs and small caps.