Political Quotes

On the recordJune 19, 2006
A couple things on what you say. One is that I think we also ought to make clear, and I know in your proposal and you are talking about it is that this isn't about a new big government program, this is about working with the private sector and helping innovation, on whether it is actually giving tax credits or helping to make some investment or helping to kick-start one of those ideas for a private company that wants to do this and wants to explore doing it. That is who is doing it. But what they need is for us to help make that happen so that it doesn't take them 10 years before they grow just enough to be able to prove it to someone, to be able to take a risk. And I think some of the proposals that as government we could just ensure that loan, so that, in fact, it helps some private bank be able to make that loan and risk it, because we don't know what is going to work. We know some things are working; we don't know which one is going to really take off. We know, again, even with the biofuels we have been talking about ethanol, but there is some suggestion we could use sugar, we could use switchgrass. There is a whole variety of other ways we can do this, the whole question about electric cars and whether that works and how we can do this. There is some other technologies out there, fuel cell technology that we could actually potentially use in cars.…
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John Schwartz
Pennsylvania

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