By THOMAS L. FRIEDMAN
he goes on:
Are you sitting down?

Few Americans know it, but for almost a year now, Congress has been bickering over whether and how to renew the investment tax credit to stimulate investment in solar energy and the production tax credit to encourage investment in wind energy. The bickering has been so poisonous that when Congress passed the 2007 energy bill last December, it failed to extend any stimulus for wind and solar energy production. Oil and gas kept all their credits, but those for wind and solar have been left to expire this December. I am not making this up. At a time when we should be throwing everything into clean power innovation, we are squabbling over pennies.

These credits are critical because they ensure that if oil prices slip back down again — which often happens — investments in wind and solar would still be profitable. That’s how you launch a new energy technology and help it achieve scale, so it can compete without subsidies.

The

There's more good disturbing news in this column but you'll have to look it up--4-30-08..NY Times

The oil companies are run by the same mentality as those who ran the cigarette companies. Add the banks and the arms manufacturers and the President has no hope. (They shot Kennedy because his brother was going to come down on the mafia)