… you want oil, gas and coal …

Quote of the Day — 18 April 2011

… [Chevron CEO Joh] Watson says Americans can accomplish a great deal with “affordable conservation.” And “a wealthy economy,” he adds, “is better able to deal with the costs of greenhouse gas abatement than a poor economy.” Since “large numbers” of countries are “unlikely to take aggressive action on greenhouse gas emissions,” the “U.S. is going to have to decide, just as California is going to have to decide, if they want to go it alone. . . . Are they willing to place the burden on our economy and our consumers, at the expense of jobs?”

…”What I see are people who want affordable energy,” says Mr. Watson. “They want strong environmental standards—they want a lot of things—but first and foremost they want affordable energy. And if you want affordable energy, you want oil, gas and coal.”

— John Watson, CEO of Chevron
— as quoted by Kimberley A. Strassell
— “Oil Without Apologies
The Wall Street Journal


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