What do you think about that situation?

We I think that it's fair to also say that we have become somewhat over addicted to the use of taxes and tax mechanisms to drive economic development.

And we recognize that in some cases, tax benefits and tax incentives are being used frequently.

far longer than they should, right? The oil and gas industries, established businesses, highly competitive, are still getting lucrative tax benefits.

It used to be that we said we'll use taxes to encourage marginal types of economic development and to help emerging technologies move through the so-called valley of death.

But in an era of affordability, and that's the big thing that happened in Virginia, affordability made it into a gubernatorial race, right? And in an era of affordability problems sweeping across the country because of federal policy, because of the cost of everything- The first thing you look at is whether you are undercutting the economic viability of your state.

As a good old friend of mine used to say when we were trying to promote renewable energy in Texas and taking issue with the idea that they were shipping coal from Wyoming to burn in Texas power plants, the first rule of economic development is if you want to keep your money, don't give it all away.

Is federal preemption coming? And if so, does it strengthen or undercut what the states like Virginia and Ohio have already built? What do you think, Carl?