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"Clean Energy Standard:" Bad Solution to a Non-Problem (Lindsey Graham rides again)

By E. Calvin Beisner -- January 10, 2011

Senator Lindsey Graham (R-SC) has found another disguise for lining the pockets of “alternative energy” producers with consumers’ dollars directed there not by rational economic choices but by government mandate.

Once a supporter of cap and trade, Graham now supports a “Clean Energy Standard” that would require utilities to generate increasingly high percentages of electricity from “renewable” sources like wind, solar, and biofuels, from nuclear, and from coal using “carbon capture and sequestration”—catching the carbon dioxide (CO2) emitted when coal burns and forcing it, under pressure, into deep geological formations for long-term storage to keep it out of the atmosphere.

A variation on that theme suggested by Entergy Corp. head Wayne Leonard in the Wall Street Journal suggests that we begin with the seemingly innocuous step of increasing U.S.…