When green fuel is dirty

Published May 3, 2011 4:00am ET



Green energy subsidies, regulations, and mandates are very often corporate welfare boondoggles that enrich the well connected at the expense of the taxpayer, ratepayer, and small businessman. When I point out the special interest connections in “green policy,” a typical liberal response is “who cares who’s getting rich if it helps the planet?”

But any time politicians are picking winners and losers in industry, we always should suspect that technologies and policies will be favored not for what best helps the planet but through cronyism.

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