Actually I am a conservationist and an environmentalist. I am just not a loony leftist. Unfortunately, the loony left took over the movement.

Markets are the most efficient way to allocate resources. The loons on the left want to destroy markets. How does letting Gazprom produce energy instead of Exxon improve the environment?

Of course you develop alternative energy — if it is anywhere near competitive. But it is about the cost of performing work. If you force the US economy to pay 5 dollars to get the “energy work” that oil can do for $2.50, then you are putting our economy at a huge disadvantage.

That is what Sen Obama’s plan does. He wants to replace a highly taxed energy source with highly subsidized ones — infant energy industries that will never get out of the subsidized play pen. That will make the US poorer. It ain’t high level economics I’m talking here, folks. It is addition and subtraction and politics as usual.

And we cannot afford it.