Word: coal
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...would require increases in gasoline mileage of 50% by 1980 and 100% by 1985; graduated excise taxes and rebates pegged to fuel efficiency would be imposed on new cars. A 5? increase in gasoline taxes would be enacted to provide revenues for an energy trust fund that would develop coal gasification and liquefication plants and other energy sources. A broadly powered National Energy Production Board of the kind favored by Washington Senator Henry M. Jackson would be established to direct U.S. energy development...
...better mileage for automobiles. Wright suggested that people buying the biggest gas guzzlers might be taxed an additional $600, for example, while those purchasing cars with the best mileage might receive a $400 rebate. Tax revenues would go into a trust fund for the development of new energy sources: coal gasification, perhaps, or geothermal and solar power...
...Brion claret in a cask). His custom-de signed carriage may have meant as much to Pepys as his carefully acquired prints. And nothing seemed to have meant more to this tailor's son on the make than his sumptuous wardrobe - at a time when 36 bushels of coal cost ?3 he spent up to ?55 a month on silk suits and cloaks with gold buttons...
George Otis Smith, head of the U.S. Geological survey during the period of early technological break through in coal liquefaction and shale oil production in the 1920's, congratulated the engineers responsible saying. "You men have proved something more valuable than any other researchers in the federal government. We now know that we have enough cheap oil in our coals to last for ever." But Gifford Pinchot, the conservationist, had enough experience with the power of large companies acting in collusion to warn, "The fuels trust will never permit the shale oil and oil from coals projects to get developed...
...companies represent a valuable reservoir of technology and capital, but when they act together with the connivance of government, the companies wield economic power sufficient to present the use of American energy sources in a manner consistent with the national interest. The oil industry's opposition to coal liquefaction, cheap shale oil and the stretching of domestic oil supplies through methynol production has caused a tremendous waste of natural resources and a large scale misallocation of technology and capital...