John Stossel
  • June 30, 2009 07:57 PM EDT by John Stossel

    NeverGen

    Gregg Easterbrook, a rare sensible person who occasionally gets OpEd space in the New York Times, today explains why we're about to waste billions on another Syn-Fuel type boondoggle:

    "The Department of Energy's expensive magic thinking about clean coal "is politically appealing: contractors get subsidies, politicians get to hand out money in their districts and astonishing breakthroughs are promised at unspecified future dates. Why aren't progressives fighting for an immediate embrace of gasification power? Much of the environmental movement clings to a fairyland notion that coal combustion can soon be eliminated, and therefore no coal-fired power plant of any kind, even an advanced plant, should be built... Yet coal use is a future certainty. Half of our power comes from coal, versus about 2 percent from solar and wind: in the next few decades, green power simply cannot grow quickly enough to eliminate the need for coal."

about this blog

  • John Stossel joined FOX Business and FOX News in October 2009. He is the New York Times best-selling author of Give Me A Break and Myths, Lies and Downright Stupidity. His "Give Me a Break" commentaries take a skeptical look at a wide array of issues, such as education, the economy, parenting, and more.