Political Quotes

Ron Klein: Well, exactly. And the incentive that is being used to encourage a company to make the investment in some type of…

On the recordJanuary 17, 2007
Well, exactly. And the incentive that is being used to encourage a company to make the investment in some type of scrubber or some type of way of reducing the amount of carbon dioxide should be just that. It should be an incentive to do that and make that capital investment in that technology, versus not having to pay for it. There is no economic incentive to change. Obviously there is a huge environmental impact for all of us who are breathing the air and the entire impact on the climate and the environment. But those companies that continue to burn coal don't have an incentive. So if we flip it around and say, all right, there is going to be a charge, in order for you to do this there is going to be an expense associated with it, whereas if you invest, if you are going to have to pay something in, if you are going to invest in something that is good, good for the environment, good for you. You get some type of benefit out of it then it is a good swap for the company, and it is a particularly, it is exactly what we need in terms of our encouraging private investment in technology that will clean our air.
Said by
Ron Klein
Florida

Editor's note · Context

Discussing the need for economic incentives to reduce carbon emissions and promote clean technology investments.

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