Alternative energy subsidies make their biggest comeback since Jimmy Carter.
"Voters want action on energy," one congresswoman told The Washington Post. "They don't really care how much it costs." A Democratic president was on the verge of signing "the most important energy legislation in a decade," with tens of billions of dollars dedicated to jump-starting a cleaner alternative to fossil fuels and helping the United States achieve "energy independence." For too long, most analysts agreed, America had put off the hard choices necessary to prevent the next oil shock and wean the country from petrodictators in the Middle East. Now was the time for bold investment and leadership from Washington.
The year was 1979.
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Do you think it will be different this time around?
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