Don’t Capitulate on Energy Policy

From this post:

Rather than pre-emptive capitulation, I think the correct strategy is to resist cap-and-trade legislation while the realities of energy rationing sink in. It will be more difficult to enact cap-and-trade in the next Congress, even if the new president and more members of Congress support it, because the high costs are becoming ever more apparent in the European Union. While I think we can win by waiting this one out, there are unfortunately all too many defeatists in the business community who can’t resist the temptation to snatch defeat from the jaws of victory.