At least it's a plan.
At least it looks like a coordinated effort. Unlike the disjointed, uneven effort we have seen from 3 administrations over the past 20 years.
Romneys position on ethanol is to be expected. While ethanol is environmentally a worse polluter than gasoline and a real world stupid move because it has driven a rise in food prices, at the same time it has become a political third rail because of the powerful states getting subsidies.
It needs to be kept in mind that US coal plants that do not meet the new EPA CO2 standard are still far cleaner burning than most of the coal plants in China and India. Lets pressure them to clean up proven pollution before we kill ourselves over CO2.
R&D is where the government has a legitimate role in renewable energy. Leave the venture capital funding to the private sector. So far the governments efforts to pick winners has been an abysmal failure because politics intervenes when business sense says to run away. As seen by the reversal of the original denial of Solyndras loan application.
