A Quote by Subramanian Swamy

You can auction coal blocks. All natural resources of government should be auctioned. — © Subramanian Swamy
You can auction coal blocks. All natural resources of government should be auctioned.
We need a firm cap on carbon emissions from fossil fuels. No coal, oil, or gas could enter the economy until the buyer had a permit. All permits would be auctioned by the federal government, and the number of permits auctioned would be decreased by three percent per year. Permits could be traded, but they could not be created out of whole cloth by companies that plant forests or dump iron filings at sea.
I think God has blessed this country with enormous natural resources, and we should pursue all of the above. We should be developing oil, and gas, and coal, and nuclear, and wind, and solar, and ethanol, and biofuels. But, I don't believe that Washington should be picking winners and losers.
Coal used to be a very dirty fuel but coal has become cleaner and cleaner over the decades. Clean coal now is quite clean. Clean coal now has the same emissions profile as natural gas. Clean coal can become cleaner still. We can take even more of the pollutants out of coal and I believe we should. Clean coal, I think, is the immediate answer to Canada's energy needs and the world's energy needs. There are hundreds of years available of coal supplies. We shouldn't be squandering that resource. We should be using it prudently.
As the law minister, I had ensured that the government's right to natural resources was protected. The result was evident. The honourable Supreme Court gave the landmark decision in RIL vs RNRL case that the government is the owner of all natural resources.
The 'environmental left' tells us that, though we have natural resources like natural gas and oil and coal, and though we can feed the world, we should keep those things in the ground, put up fences, and be about prohibition.
Natural resources must be so distributed, by way of auction or otherwise, that they serve a larger public purpose.
Bolivia also depends not only on tin and other minerals, but also depends on the gas and oil. A rational extraction should be made, taking care of the environment. We should give added value to this natural resource, and generate revenue to fight poverty with more resources, that come from natural resources.
The term 'natural resources' confuses people. 'Natural resources' are not like a finite number of gifts under the Christmas tree. Nature is given, but resources are created.
All of Africa's resources should be declared resources of the state and managed by the nation. Our experience in Bolivia shows that when you take control of natural resources for the people of the town and village, major world change is possible.
We have more natural resources - coal, oil, wind - across the board not only to be energy independent but to be a leading exporter.
Auctioning of natural resources such as spectrum, coal, oilfields, and land for commercial exploitation can largely substitute for tax impositions.
And we have abundant natural energy resources in the country. We haven't been taking adequate advantage of them, and we can burn coal in a clean way; we could improve the grid.
The whole privatisation of health and education, of natural resources and essential infrastructure - all of this is so twisted and so antithetical to anything that would place the interests of human beings or the environment at the center of what ought to be a government concern - should stop. The amassing of unfettered wealth of individuals and corporations should stop. The inheritance of rich people's wealth by their children should stop. The expropriators should have their wealth expropriated and redistributed.
Societies that depend on natural resources tend to have certain inherent problems. The limited concentration of wealth - whether from oil, coal, diamonds, or bauxite - often leads to corruption and authoritarianism.
Today, natural gas now outstrips coal as the leading provider of electricity in America. If this is as big as people believe it is, natural gas will soon be powering trucks and marine ships. Maybe even standard commercial cars that people use at home through compressed natural gas, other gas to liquids. The potential is there for more energy independence by America and a reliance on cleaner fuel - natural gas emits half as much as coal, in terms of carbon emissions. That's a real bounty.
When the President is making it harder to mine coal, to use coal, to take advantage of our gas resources, to make it harder to get our oil resources - all those things combine to make our cost of energy higher than it needs to be, and it drives away enterprises from this country. It sends it to places that have lower-cost energy.
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