Traveling Back to the Future on Inter-City Buses – Michael Barone
Not long ago I wrote about how the private sector outraces and laps government. While governments dither and dispute, the private sector discovers.
The example I mentioned then was energy. For years, governments, national and local, have been promoting wind and solar power, to little practical effect. Curiously, the biggest wind power producer is Rick Perry’s Texas. But wind power isn’t reliable, and both wind and solar cause serious damage to the environment.
In the meantime the oil and gas industries — the favorite target of Barack Obama and congressional Democrats — have developed new techniques of horizontal drilling and hydraulic fracturing (fracking) that have vastly expanded recoverable American energy supplies.
Now across my laptop comes news of another area in which private-sector actors have overtaken government. Again an older technology has been improved and adapted to fill a need while government dithers …
Read More at Washington Examiner.