Avoiding energy opportunity seen as choosing not to grow

Grasp two principles, says Lucian Pugliaresi, and "you will exceed the combined wisdom of Congress and the last four administrations." First principle: "What things cost is really important." Second principle: "How we think about economic value is we look at what something is worth in the marketplace and then what it costs to produce it. And if what it's worth in the marketplace is more than what it costs to produce it, we have this value, this net value for society." Pugliaresi, president of the Energy Policy Research Foundation Inc., Washington, DC (and a friend of this writer), introduced an Aug. 21 lecture at the East-West Center in Honolulu with these pr...

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