Can someone explain to me why this makes sense?
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZLIe0lJLHt8&refer=home
The Democrats introduce a bill to increase taxes on oil, and a separate bill to give credits to renewable/sustainable energy. The Republicans defeat the first, saying that it would increase energy prices and compromise US energy security and defect the second, saying there is no way to pay for it.
If you pass both, you have a way to pay for the second! And the second helps increase US energy security! How are we going to solve any of our problems if we don’t get past short-sited, profit-only perspectives and try to do something new? I just don’t understand!
I agree!