The Biggest Threat

According to FedEx Founder and CEO Fred Smith, the U.S. dependence on imported oil "represents the biggest single threat to our nation's economy and national security," after terrorism and the proliferation of weapons of mass destruction.  Smith is a member of the Energy Security Leadership Council, and today at the National Press Club he laid out a plan to convert most ground transportation to electrical batteries powered by a grid energized by domestic sources like solar, nuclear, clean coal, natural gas, hydroelectric and wind power.  (And this is a man who owns and operates a whole lot of trucks.)

According to a story in The Commercial Appeal, Smith appeared during the question period to endorse a carbon tax if most of its proceeds were returned to the people.

  

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