Neither candidate has a useful idea of how to craft energy policy

By Peter Z. Grossman

The Providence Journal

Published: Tuesday, Sept. 25 2012 12:00 a.m. MDT

What is really unfortunate about the president's policies is that he could actually do some good on the energy front by ordering the Environmental Protection Agency to suspend the pernicious Renewable Fuel Standard — a.k.a. the ethanol mandate. He could even blame George W. Bush since the 2007 ethanol bill was one Bush strongly endorsed.

Then again so did Sen. Barack Obama and many other Democrats in Congress.

Of course, that bill had a lofty goal beyond ethanol: As House Speaker Nancy Pelosi described it, this was the U.S. "energy independence day" bill.

And who opposes that?

Peter Z. Grossman is a professor of economics at Butler University in Indianapolis and the author of "U.S. Energy Policy and the Pursuit of Failure."

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