Biden’s energy policy: The pursuit of failure … again

Biden’s energy policy: The pursuit of failure … again
Joe Biden (Image: Twitter screen grab)

[Ed. – He’s pursuing failure on nearly every front.]

We’ve been here before.

The development of the Biden administration’s energy and climate policies is following a path set by the energy policies of the 1970s. That is not a good model to follow. Failure followed failure. Essentially U.S. energy policy has been created by a four-step process:

First, an energy crisis is declared. Presidents and legislators feel the pressure to “do something.”

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Second, policy proposals that supposedly will provide a solution are announced.

Third, assuming the sense of crisis lingers, extreme measures are passed in Congress or initiated by executive action, or both.

Fourth, the measures prove ineffective and, although billions are spent, the measures are either repealed or just forgotten. In the meantime, market forces end the “crisis.”

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