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Argument: Pickens Plan favors technology over better market guidance

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Supporting quotations

John DeCicco, a senior fellow with Environmental Defense - "You can’t pick today what’s going to work in the marketplace tomorrow, the best you can do for policy is to set a general goal in terms of carbon reductions – put a price on carbon - and then let the market sort out what it [the technological solution] is going to be, not Pickens, not President Bush, not Senator so- and so. So, we ultimately believe in the invisible hand, ironically, even though we are environmentalists, rather than throwing a lot of money at some investor or somebody’s favorite solution – that’s the larger message here."[1]

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