Detailed text transcripts for TV channel - CNN - 20100613:19

Detailed text transcripts for TV channel - CNN - 20100613:19:16:00

that's a given. but the fact is we should be clearly -- this is clear we should be looking at doing other resources because there's two scenarios here. one is that oil is finite and the price is going to ramp very, very quickly. or two, price -- the oil is infinite and the fact is that to have india and china and demand is going to outstrip supply. so the price of oil is going up either way. why wouldn't we use this as a catalyst to start looking at clean energy? >> let me ask you -- go ahead. >> let me answer that. the answer is because even though oil is expensive it's much, much cheaper than the other alternatives, significantly cheaper than wind power and solar. >> steven, yeah, but that's coming from an attitude of right now. i mean, the fact is, the price of solar has significantly come down. last year silicon was $450 a kilogram. today it's 47 buckings. you can't tell me the price isn't coming in. that's with very limbed investment in this area right now. only one -- literally out of $365 billion spent every year on the oil business, we only get $1

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