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I agree that there is an analogy between the PTC mandate and other government mandates such as emission regulations; in that they are both mandates.  But the existence of an analogy does not mean that both mandates are equivalent.  The issue is the difference in scale.  Sure, we can live with the slowly ratcheting up of emission standards, but what would we say about a zero CO2 emission mandate that must be met in say four years?  That would be more in scale with the scope of the PTC mandate in that it would require the development of cost effective CO2 sequestration technology-- all in a very short time frame.    On another note, it has been claimed that Banks is advocating a pie-in-the-sky solution for PTC, whereas the mandate will use proven technology.  However, many seem to be saying the opposite is true.  They say that the mandate is forcing unproven technology upon the railroads.  Furthermore, they say that some of this unproven technology is not only unproven, but it is undeveloped, and the mandate will force the railroads to develop it before implementing it.
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