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Studies won’t fix unintended consequences

12/10/2007
What does a government do when unintended consequences highlight its mistakes? It conducts a study.Democrats in the US House of Representatives adopt this approach to problem-solving in draft energy legislation they’re circulating while Congress is in recess.They want to act on energy despite the growing likelihood that disparate bills passed by the House and Senate won’t be reconciled. One of many problems of those bills is a wildly prescriptive approach to fuel choice, a matter best left to markets.One version of the draft legislation is even more prescriptive and therefore worse. It mandates sales volumes higher than current levels for renewable fuel, advanced biofuels, cel...
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