Rep. Roscoe Bartlett (R-MD) is pushing legislation to begin oil drilling in the Arctic National Wildlife Refuge to help ease soaring gasoline prices. But Bartlett, who was the first congressman to buy a gas-stingy Toyota Prius, said federal revenue from ANWR oil drilling will be used to develop alternative fuels.
“Well, I always was opposed to drilling in ANWR unless we used the revenues we got from ANWR to invest in alternatives,” says Bartlett, a guest on this week’s “America’s Business with Mike Hambrick” radio program. “We desperately need to develop alternatives and I thought that would provide some leverage to get us going on developing alternatives.”
China is one of the fastest growing economies in the world but is grappling with a huge pollution problem. Smog is so thick in Beijing some observers say it could hamper the performance of athletes at the Olympic Games. Reporter James Fallows, a regular contributor to Atlantic Monthly, will join Mike to talk about what China is doing to clean up its air, soil and water.
Federal tax credits to boost research and development help foster innovation and create jobs. But Congress often lets these credits lapse. Tom Neubig of Ernst & Young, author of a recent report on R&D tax credits, will talk about the huge benefit thee credits give manufacturing.
With gasoline prices so high wouldn’t it be nice if you could make your own fuel at home? Well, now you can. E-Fuel Corp. Chief Executive Officer Thomas Quinn will introduce us to a machine his company makes that lets consumers produce their own ethanol using sugar, yeast and water.
And America’s Business will visit Patriots Technology Training Center in Seat Pleasant, Maryland. President Thurman Jones will talk about his mission to use recreational activities to teach children and teenagers about robotics, science and math. These skills could one day help them in manufacturing careers.
In our regular segments, Renee Giachino of American Justice Partnership gives us the latest on tort reform and commentator Hank Cox recalls “The Way It Was.” And the National Association of Manufacturers President Gov. John Engler will close the program with “The Last Word.”
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