“We would have been far better off had we simply allowed the free market to do its job — and we would have been a half-billion dollars richer in the process.”
The author missed the point. The Obama administration killed two birds with one subsidy stone. They told their rabid green base that they were supporting the green fantasy and they funneled significant funds to themselves and cronies. This was never about energy. It was about greed, self-interest and fanning political support from the we’ll get energy from unicorn poop and fairy dust crowd.
I can’t argue your point.
I believe the author’s point is that even using the Obama administration’s arguments about “green energy,” this is the wrong way to go about it.