American energy policy is increasingly defined in terms of what is prohibited, not what is promoted. Coal, nuclear, and natural “shale” gas all have been hampered by the current administration. And the last three weeks have offered two more examples of how America’s byzantine energy laws and policy deter innovation.
Last Thursday, President Obama and the State Department announced that they would delay indefinitely the president’s final decision on the proposed Keystone XL pipeline to transport Canadian oil to American markets, despite the State Department’s thorough report and conclusion that the project would cause no improper environmental impacts. And on October 28, a federal court of appeals dealt a surprising setback to Cape Wind, the long-awaited Cape Cod offshore wind farm, which will further delay a project that has been pending before federal regulators for over a decade.
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