How Washington Cripples The Energy Industry

Forbes.com
Energy Outlook 2009
Joshua Zumbrun 10.01.08, 6:00 PM ET

From big oil companies to solar panel entrepreneurs to chemists creating the biomass fuels of the future, there's one thing that everyone in the energy industry has in common: They hate Washington's energy policy.

Policies, actually. In just the Bush years alone, Washington enacted two major pieces of omnibus energy legislation, the Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007. In 2008 another piece of major legislation was introduced: the Lieberman-Warner bill, which would implement a nationwide cap-and-trade program on carbon emissions. That would instantly change the landscape for any energy producer.

Read the full story