Page 42 - Efficiency Ratio News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The longer-term view the united states has no real energy policy, it's consume as much of everything we can and worry about it later. lab maybe that will change in d.c., maybe there will be a plan to say we need to figure out a more intelligent way to find, consume, and conserve energy. >> we have our power generation facilities have a 34% efficiency ratio. >> horrific. >> the deeper you look at the energy we burn for nothing. >> it's been very cheap. you know -- >> but japan has a 90% efficiency ratio. >> they import all of their own fuel. remember the united states has huge reserves at least...

Companies. we all use oil. americans use more of it than anything else. >> we do not use more oil than anybody else. what we do is we burn more oil than anybody else, but we get absolutely nothing for it. we have the worst efficiency ratios in the world. we like to burn it randomly, ideally pay some british firm to bril it out of the gulf of mexico to burn it once again and let it go out the windows of our houses and our cars, then we'll use 20% or 30% of it to do anything. so i take issue. >> you're dead right. exactly. you're absolutely right. if you want to burn the oil, where do you get it...

Latest updates on this topic from reliable sources.

Right investments for the future in terms of education and innovation. >> i understand that, but -- i'm sorry to interrupt you, but from an engineering standpoint, i did 15 years in the financial community, in order to solve a problem, you actually have to correctly identify the source of the problem, right? we can agree to that, right? >> oh, absolutely. >> and so if we understand that employer-based health care with limited choice is extraordinarily expensive, it's the most expensive health care system on the earth and yet our quality of care is 37, if we understand that our energy consumpti...