If there is a regulation that says you have to do something-whether it be putting in seat belts, catalytic converters, clean air for coal plants, clean water-the first tack that the lawyers use, among others things, and that companies use, is that it's going to drive the electricity bill up, drive the cost of cars up, drive everything up. It repeatedly has been demonstrated that once the engineers start thinking about it, it's actually far less than the original estimates. We should remember that when we hear this again, because you will hear it again.
Steven ChuEducation in my family was not merely emphasized, it was our raison d'รชtre. Virtually all of our aunts and uncles had Ph.D.s in science or engineering, and it was taken for granted that the next generation of Chu's were to follow the family tradition. When the dust had settled, my two brothers and four cousins collected three MDs, four Ph.D.s and a law degree. I could manage only a single advanced degree.
Steven ChuLet me state what the official IPCC prediction is: Sea levels could go up as much as three-quarters of a meter in this century, but there is a reasonable probability it could be much higher than that.
Steven ChuSomehow we have to figure out how to boost the price of gasoline to the levels in Europe.
Steven Chu