Debating How to Tax Oil Company Profits; How Fat Cat Military Contracts Hurt Public Transit; Congress Debates Fuel Standards for Cars – and Hydrogen-Powered Cars
June 7th, 2006ExxonMobile and other oil companies are posting huge profits — while everyday Americans pay more and more for gasoline. Some environmentalists say that we’re still not paying enough for oil, while others say we should change how we tax fossil fuels. Tyson Slocum, the Acting Director of the energy program at Public Citizen and Lester Brown of the Earth Policy Institute debate the issue
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Jonathan Feldman is a research fellow investigating the connections between military contracts and public transit. He says that companies that otherwise would be building trolleys, subways cars and trains are instead going after fat military contracts to build tanks, personnel carriers and other equipment. Feldman joins host Daphne Wysham on the phone from his office in Sweden.
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