The Best Energy Policy Is The Least Energy Policy
By David Blackmon
Much has been written the past couple of days about the 4 minutes or so that President Obama allocated to discussing his energy “policy” initiatives in his State of the Union address to Congress on Tuesday evening. Seems to me, after reading what was said and much of the commentary that has followed that the best thing about the speech was that at least it left no one completely happy.
Wait, what? Yeah, seriously – one of the best indicators that any public policy proposal is probably headed in the right direction comes when no one with a dog in the hunt (that’s how Texans refer to “stakeholders”) is happy with it.
This is especially true when it comes to federal energy policy, given that the best policy for the federal government to implement where energy is concerned is to simply have no policy at all. So when all of the affected industries are grumbling after the speech, along with all of the President’s supporters who oppose those industries for a living, it’s a pretty good indication that a) the President didn’t make any large, broad-reaching new policy proposals, and b) the proposals he did make are either old hat, minimalistic, or unlikey to come to fruition, i.e., the best energy policy is the least energy policy.
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