The historical debate is over. The answer is free-market capitalism.

What if we're wrong and there is no climate change? Well, by doing everything possible to address it, we will still use less water, stimulate new energy savings and, in time, money-saving technologies, enjoy cleaner air, and preserve more forests and trees and animals.

Oil is a tangible commodity, so there is a global market. The fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. But if suddenly, let's just use a crazy example, fighting in the Middle East led to the closure of the Strait of Hormuz and no oil could get out through the Strait of Hormuz, well that would affect China, India, Europe, it will affect the whole global economy. It will affect us, too, then.

The ideal country in a flat world is the one with no natural resources, because countries with no natural resources tend to dig inside themselves. They try to tap the energy, entrepreneurship, creativity, and intelligence of their own people-men and women-rather than drill an oil well.

I think the Arab awakening has changed everything and I think a lot will depend on what people there ask of us, may be nothing, it may be a lot. I think that really depends how they find their voice and what they see as their real interest, and hopefully that would be for more schools and not more tanks.

Our kids are going to be so angry with us one day. We've charged their future on our Visa cards.

My mother-in-law says if you want to live like a Republican, vote like a Democrat. That if you are a part of the group that is doing well in this system, you owe it to yourself and to others to look out for them and make sure you are always building a ladder for others to join you.