While I’ll be the first to admit I would prefer Mitt Romney’s energy policies to those of President Obama, especially his appreciation for increased energy production on public lands and the OCS, I found his newly released energy policy white paper slightly humorous in parts.
On the top of page 19:
• Focus government investment on research across the full spectrum of energy-related technologies, not on picking winners in the market;
• Support increased market penetration and competition among energy sources bymaintaining the RFS and eliminating regulatory barriers to a diversification of the electrical grid, fuel system, or vehicle fleet;
On the bottom of page 19:
Instead of distorting the playing field, the government should be ensuring that it remains level. The same policies that will open access to land for oil, gas, and coal development can also open access for the construction of wind, solar, and hydropower facilities. Strengthening and streamlining regulations and permitting processes will benefit the development of both traditional and alternative energy sources, and encourage the use of a diverse range of fuels including natural gas in transportation. Instead of defining success as providing enough subsidies for an uncompetitive technology to survive in the market, success should be defined as eliminating any barriers that might prevent the best technologies from succeeding on their own.
I’m not sure what the Renewable Fuel Standard is other than a subsidy for an uncompetitive technology allowing it to survive in the market.
I guess you can’t win them all.