Romm is right, think tanks need flushing. Most political/environmental prescriptions still have that underlying "free" market Reagan revolution flaw at their heart. Cap and trade, offsets, auctioned GHG permits, they all have that illusionary market efficiency, let-big-business-do-it attitude. The false premise behind these schemes is obvious, that unregulated markets are onmiscient saviours of the human species. Kind of like Jesus, but with money? Government directed WW 2 war production, competition survived and capitalism thrived, so what is the problem with a million car per year government contract with the automakers?   more »

Auto companies want a bailout? They better accept new people along with the taxpayer cash. Consider the lack of judgement of the failures now in charge. For instance, what about the current GM answer to our oil problems? The Volt a long promised, but never mass produced plugin hybrid. A redesigned, higher hp EV-1, with less battery range and a backup generator.   more »