Astute Locker Room readers (all of them, naturally) will have had a preview of my latest TownHall column:
Look what has happened in the few short years since Congress passed and President Bush signed the Energy Policy Act of 2005 with its “renewable fuel” requirements. The insulated thinkers in Foggy Bottom reached amid all this market uncertainty and hand-selected the energy alternatives to save America and the planet. And what they’ve accomplished is already as thorough a cock-up as possible even from that rarefied assemblage of bumblers. …
Record profits, record high prices, suppressed supply, consumers facing higher bills ? and you thought oil was bad? This new behemoth is worse for the environment and worse for the poor …. Only a central-government policy “fix” could be this counterproductive.
