Posted by Tina
A contrast: What works better BIG government or the FREE enterprise system?
GOVERNMENT:
Whether we drill or not we can be certain that others will:
Russian Prime Minister Vladimir Putin on Friday toured a new Arctic oil rig intended to boost Moscow’s position in the intensifying competition for northern energy reserves. Putin also met ministers and top oil executives in the Severodvinsk shipyard to discuss prospects for developing more Arctic fields, which are estimated to contain up to a quarter of Russia’s proven oil and gas reserves. AFP
And then theres always the ETHICS and DEPENDABILITY factors:
A United Nations program designed to combat global warming has started doing something no one expected: It is subsidizing fossil-fuel power plants that spew millions of tons of greenhouse gases into the atmosphere annually. In the past year or so, 13 big plants in India and China that burn natural gas have won the U.N.’s blessing as aids in the fight against climate change. – WSJ
Now try FREE ENTERPRISE:
German luxury carmaker BMW has announced that it is preparing to launch a test series of electrically-powered Minis. If they pass muster, the vehicles would reportedly be bound for the green US state of California. Many automobile manufacturers, including Volkswagen, Daimler and GM, have already said they plan to build electric vehicles. (Snip) it would produce ”several hundred cars in the Mini series in coming months” in Oxford, England, and convert them in Germany to run on electricity. Deutsche Welle