Its interesting. I am pro 87, but also ambivalent. I have no desire to stick it to the oil companies, though they are by no means our friends.
I hope it accomplishes 2 things but wouldn’t be suprised if it doesn’t. First that it raises prices, which encourages conservation. Second is the less realistic hope and that is that the research dollars are put to good use. I don’t think that the govt and bureacracy are bad at everything and to suggest that they are is tendentious to say the least. Some things the market just can’t address effectively. Not doing anything is sometimes worse than attempting and failing at the right thing. Of course the underlying assumption is that we agree what the right thing is.
