Wall Street Journal blogger Keith Johnson notes the poor showing for environmental initiatives in Tuesday's election.
I was surprised to come home Wednesday and discover that Colorado's ballot measure to raise severance taxes on oil and gas to something approaching Wyoming's rates (#58) was defeated. The industry-funded campaign falsely cast it as a direct tax at the gas pump, which is so wrong. But their ad guys realized that "it's a tax" was a scary line for a recession election.
Only in Missouri did a green-energy ballot initiative have any success. Proposition C set out to gradually increase the use of renewable energy to 15% by 2021, mandating slow-but-steady yearly increases. That’s the kind of measure that power companies and electricity grid operators like, because it gives them time to absorb the new power into the system without disruptions. Alone among the five environmental ballot initiatives, Proposition C had almost no opposition.
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