About a year ago I participated for a few months with an industry group that was attempting to insert some rationality into what is probably the most irrational, extremist, dangerous, job-killing, regressive laws in the modern history of the United States, AB32, California’s Global Warming Act. Unlike renewable portfolio standards, which can at least be justified by virtue of their potential to improve the U.S. balance of trade and promote energy independence, California’s global warming act is based on uncertain science and propelled by political opportunism. It is an utterly futile gesture, and even if it weren’t, most of the...