The Cato Institute’s Jerry Taylor and Peter Van Doren are all in favor of eliminating energy subsidies. By that measure, they find the House Democrats’ 100-hour energy legislation — H.R. 6, the Creating Long-Term Energy Alternatives for the Nation Act (aka the “CLEAN Energy Act”) — to be quite a disappointment.
The Republican abandonment of economic principle and subsequent love affair with K Street lobbyists gave the Democrats a wonderful opportunity to launch a politically winning total war on corporate welfare. Pity that they don’t seem interested in taking advantage of it.