From The (Durham, N.C.) Herald-Sun:

“Stop it all,” said Eli Lehrer, president of the R Street Institute, a conservative think tank. “Why should government subsidize any product development? Let’s have energy creation driven by market competition — not subsidies. Let’s remove subsidies for all energy sources and return control to the market.

Lehrer pointed out that “subsidies don’t make industries competitive. They are successful in spite of subsidies, not because of them.”

Lehrer felt the same way about government regulation.

“There’s certainly a role for regulation,” he said, “but the price mechanism can work more effectively.”

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