| on Mar 28, 2008, 04:07 PM E.S.T.
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Page 2 of 2
Nevertheless, as my colleague Myron Ebell pointed out in the IBD
article, a President McCain would have a very good chance of getting
his proposal through Congress:
"The Republicans in Congress will not be able to oppose a President
McCain. The leadership in both Houses will follow him," Ebell said. "If
it is a President Obama or Clinton, Republicans will have every reason
in the world to say, 'We're gonna fight this.'"
Finally, I think it's worth saying that, just as subsidies to oil companies should be opposed,
McCain's proposal for a $3.7 billion subsidy to the nuclear industry is
objectionable. The nuclear industry would be better served by reducing
the irrational regulatory barriers that prevent nuclear competing
properly with coal, natural gas and other renewables rather than
bribing it to put up with them. Source
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