We're schizophrenic on green, and that's an opportunity for our industry. This morning's Wall Street Journal includes a call to action on energy for the new Congress. The writer describes the $33 billion in stimulus money awarded to 5,137 entities, from General Electric to state energy initiatives to "no-name start-ups" as "Soviet central planning under the guise of 'investing' in America's future." The next Energy chairman, who will be a Republican, needs to reign in "a federal energy apparatus that is flushing taxpayer dollars down ethanol, wind and battery projects while crowding out cheaper fuels and killing jobs."
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