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John W. Snow
(2 Aug 1939 - )
American government administrator and business executive who was appointed as the 73rd U.S. Secretary of the Treasury (2003-2006) by President George W. Bush. Snow’s prior business career (1977-2003) was spent in multiple positions with Chessie Systems, Inc. (later CSX Corporation). Before that, he had several jobs at the U.S. Department of Transportation (1972-76).
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Science Quotes by John W. Snow (3 quotes)
High energy prices lead to lower energy prices because of the supply and demand side behavioral changes that they induce.
— John W. Snow
In transcript, 'Treasury Secretary Snow Optimistic on Economy', PBS Newshour (23 Mar 2005), on pbs.org website.
Higher energy prices act like a tax. They reduce the disposable income people have available for other things.
— John W. Snow
From response to a question about the effect on the economy of rising oil and gasoline prices. In transcript, 'Treasury Secretary Snow Optimistic on Economy', PBS Newshour (23 Mar 2005), on pbs.org website.
Well, there’s no doubt about the fact that, that higher energy prices lead to greater conservation, greater energy efficiency, and they also, of course, play a useful role on the supply side. They encourage more exploration, and they make non-conventional fuels more attractive in the marketplace. So it’s not entirely without a silver lining.
— John W. Snow
In transcript, 'Treasury Secretary Snow Optimistic on Economy', PBS Newshour (23 Mar 2005), on pbs.org website. Quoted in Gene Beck, 'Production Tax Credits', Grid Parity: The Art of Financing Renewable Energy Projects in the U.S. (2014).
In science it often happens that scientists say, 'You know that's a really good argument; my position is mistaken,' and then they would actually change their minds and you never hear that old view from them again. They really do it. It doesn't happen as often as it should, because scientists are human and change is sometimes painful. But it happens every day. I cannot recall the last time something like that happened in politics or religion.
(1987) --
Carl Sagan
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