Clear-Eyed Sowellian “Realists” Hyperventilating. Again. Some More.

What is surprising — what continually surprises me, even as cynical as Ive gotten — is how seriously polluters are taken in each successive episode of air pollution regulation. By now the script is numbingly predictable: industry commissions rigged studies showing that compliance will threaten power reliability and jack up costs; independent reports show otherwise; politicians from coal states uncritically echo the industry perspective; the media he-said she-saids; and finally, years later, the regs turn out to be cheaper and easier to comply with than anyone guessed. Every. Damn. Time.

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