News Analysis
American Founding Father Benjamin Franklin once said that “experience is an expensive school but fools will learn in no other.” Germany’s green energy policy, launched in the year 2000, could have been a cheap lesson for America today.
The Biden administration has chosen to follow Germany, providing heavy subsidies for wind and solar, while suppressing industries that could reliably meet America’s energy needs and even reduce its carbon footprint. In January, the administration announced that it had “pulled every lever to position America to scale up clean energy … the Biden-Harris Administration has readied offshore areas to harness power from wind, approved new solar projects on public lands, and passed the Bipartisan Infrastructure Law to build thousands of miles of transmission lines that deliver clean energy.”…