New clean-energy standard move shows failure to learn

As Congress begins its latest effort to choreograph energy choice, Americans should lock their cash drawers. Democrat Jeff Bingaman of New Mexico, chairman of the Senate Energy Committee, says he'll propose a clean-energy standard in a few weeks. President Obama gave the idea a sentence in his State of the Union speech. The legislation probably won't go far in the Senate and stands no chance in the House. There the good news ends. The bad news is that some lawmakers never learn. Last year Bingaman asked the Energy Information Administration to analyze a plan for "clean energy" in power generation starting at 45% in 2015 and rising to 95% in 2050. Bingaman's plan uses a system of...

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