'In the end it's not the years in your life that count. It's the life in your years.'
- Abraham Lincoln -

Tuesday, December 13, 2011

A Lesson In Government Mandated Innovation

Why does Washington keep doing this?

"When these mandates were established, no companies produced commercially viable cellulosic fuel. But the dream was: If you mandate and subsidize it, someone will build it.

"Guess what? Nobody has."

Price tag for the non-production of this non-fuel? $1.5 billion and climbing.