Consumers already know that the federal government’s ethanol mandate is bad news, but the latest EPA proposal works out the gory details for the years ahead. Thanks to the 2007 Energy Independence and Security Act of 2007, increasing amounts of renewable fuels have to be added to the gasoline supply. …
Testifying on Capitol Hill yesterday, Energy Secretary Steven Chu, Transportation Secretary Roy LaHood, and EPA administrator Lisa Jackson all pitched the latest cap and trade bill in the House as a “jobs bill.” Jackson told the House Energy and Commerce Committee, “This is a jobs bill, and it is a …