EDF chief Fred Krupp appeared on the Charlie Rose show yesterday. For the most part, it was the usual stumping for cap-and-trade. However, Rose pushed him on the question of whether, in the short-term, we need to drill for new oil. After quite a bit of dodging and weaving, Krupp, rather startlingly, said we should assess domestic drilling on a case-by-case basis. Rose kept pushing, saying, “Do we need to be drilling for new oil in the short term?” Says Krupp: “yes, absolutely.” It’s about 18 minutes in.
