Late last month, a group of leading Senate Democrats launched a new initiative that would overhaul the nation’s energy policies through a package of tax measures and, of course, a vast new program of government subsidies for pet clean energy technologies. Sen. Maria Cantwell, D-Wash., described this legislative push as a “a technology-driven pathway to a clean energy future.”
This so-called pathway is, not by accident, aimed at derailing efforts from Republicans and oil patch Democrats who have sensibly pushed for policies that would increase the availability and affordability of the energy the economy actually needs. This plan is not tax reform and will not help the country be more competitive.
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