Quotes

"Fascism and communism both promise "social welfare," "social justice," and "fairness" to justify authoritarian means and extensive arbitrary and discretionary governmental powers." - F. A. Hayek"

"Life is a Bungling process and in no way educational." in James M. Cain

Jean Giraudoux who first said, “Only the mediocre are always at their best.”

If you have ten thousand regulations, you destroy all respect for the law. Sir Winston Churchill

"summum ius summa iniuria" ("More laws, more injustice.") Cicero

As Christopher Hitchens once put it, “The essence of tyranny is not iron law; it is capricious law.”

"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan

"Law is where you buy it." Raymond Chandler

"Why did God make so many damn fools and Democrats?" Clarence Day

"If I feel like feeding squirrels to the nuts, this is the place for it." - Cluny Brown

"Oh, pshaw! When yu' can't have what you choose, yu' just choose what you have." Owen Wister "The Virginian"

Oscar Wilde said about the death scene in Little Nell, you would have to have a heart of stone not to laugh.

Thomas More's definition of government as "a conspiracy of rich men procuring their own commodities under the name and title of a commonwealth.” ~ Winston S. Churchill, A History of the English Speaking Peoples

“Laws are like cobwebs, which may catch small flies, but let wasps and hornets break through.” ~ Jonathon Swift

Wednesday, August 4, 2010

PSE&G chief: U.S. falling behind on green technology

This SOB wants a bigger cash cow!
NY & NJ already have excess fees for their ealy versions of "Cap and Trade"
Much like other credit trading Govermrnt programs this is a sham to over regulate and overcharge the public. ...Green my eye!

Friday, July 30, 2010
PSE&G chief: U.S. falling behind on green technology
By Jared Kaltwasser

The chairman and CEO of PSE&G told a group of Somerset County business leaders about the need for, and challenges in, converting the nation’s economy to a green, sustainable one.
Ralph Izzo spoke Friday at the Fifth Friday Friars public policy luncheon, hosted by the Somerset County Business Partnership at the Fiddler’s Elbow Country Club, in Bedminster.
Sustainable-energy programs and investments would be beneficial on a number of counts, he said, but the United States has fallen behind other countries — mentioning China, Israel and Denmark, among others — in developing green technology.
“The common theme to greenhouse gas emissions, to national security, to clean air, to economic development, is: What are we doing to stay competitive in the sustainable-energy economy?” he said.
PSE&G has been investing in solar energy, in particular, he said, with the Newark-based utility provider planning to spend $800 million on solar in the next few years. He also said there’s good potential in offshore wind-power generation and nuclear energy, though he said the heavy regulatory environment surrounding the latter will make that an economic challenge.
Izzo said many CEOs are looking for unrealistic returns on investment before committing to capital improvements that would result in greater efficiency.
Izzo said on average, it takes PSE&G 26 years to recover the investment in a new power plant, but said most CEOs want to pay off clean-energy investments in less than two years.
“Consequently, whether that consumer is a homeowner looking at light bulbs, or a very sophisticated investor, or an international conglomerate … the investment doesn’t get made,” he said.
E-mail Jared Kaltwasser at jkaltwasser@njbiz.com
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)