Obama recommits to green energy as others wisely bail

Approaches to green energy are diverging on opposing sides of the Atlantic as the incumbent US administration presses expensively forward and European governments come to their senses. Accepting the Democratic Party’s nomination to run for reelection, President Barack Obama promised to keep mandating and subsidizing the US toward what his administration regularly calls “the 21st-century energy economy.” In Europe, governments are retreating from command-and-control energy strategies. On Sept. 6, Obama recommitted the US to “a future where we keep investing in wind and solar and clean coal.” On Sept. 4, UK Prime Minister David Cameron steered his coalition administration away from a 2010 p...

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