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Peter Schiff: U.S. Is in a Depression
By Alix Steel 06/26/10 - 09:24 AM EDT

What I don't want is to see Washington try to micromanage which alternative energies get investment by tax code. I don't want them subsidizing or penalizing one form of energy over another because then you don't get an efficient result. You get a politically motivated result that undermines our energy independence.

Do you have a favorite alternative energy that you'd be pushing?
Schiff: I'm investing in biodiesel. I'm investing in wind power. I'm investing in coal. I don't know what's going to win.