Via ANCAPS: LABRADOR & POMPEO: Era of energy subsidies is over

After three decades, the tide on energy subsidies has turned. Our nation has squandered hundreds of billions of dollars with these tax credits and has little to show for it. We hold no ill will to any of these energy sources that receive tax credits - some or all of them may well become the next great American energy technologies. But having dozens of energy handouts leads companies to spend resources lobbying Washington rather than tinkering in their garages and labs. Indeed, we are counting on one of these alternatives to succeed. We just know that we have no idea, nor do any of our peers in Congress, which one consumers ultimately will demand. The winner must be determined the old-fashioned way: through hard work, innovation, American moxie and superior skills engaged in competition.

Let’s put a different twist on the old saying “not invented here” by acknowledging that energy technology never has been invented here - on the Potomac - and do away with energy subsidies once and for all.

http://www.washingtontimes.com/news/2011/nov/26/era-of-energy-subsidies-is-over/

Via ANCAPS: LABRADOR & POMPEO: Era of energy subsidies is over

Via ANCAPS: LABRADOR & POMPEO: Era of energy subsidies is over

Anarcho-Capitalist Categorical Imperatives

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