Some very rational words on energy policy–long needed–have come from Chairman Fred Upton (R-MI) of the House Committee on Energy and Commerce. But will Congress act on them?
It will take a lot of heretofore undemonstrated courage for members of Congress to take the actions needed to:
1. Convince the Washington Establishment* to recognize that central planning really hasn’t and doesn’t work.
2. Get private sector companies to devote their financial and human resources to innovative and productive efforts rather than (like GE, Duke, Exelon, many Wall St firms, and many others) focusing those resources on “milking” federal and state tax breaks and subsidies.
3. Break the hammerlock that Federal agencies officials and employees, their favorite constituencies (who benefit from our tax dollars), Congressional committees and staff, and lobbyists have on appropriations, credit programs, and tax policies.