As often as socialism and communism are evoked to discredit the Obama Administration’s agenda, it can be illustrative to observe how communist governments actually behave. China’s National People’s Congress convened on Dec. 22. Three days later it passed a law requiring China’s energy companies to buy all energy generated through renewable sources-wind, solar power, hydropower, biomass, geothermal and ocean energy. What if that energy is more expensive? Buy it anyway, the legislature told the energy companies, or pay twice its cost in fines. What if that energy can’t be accessed with the existing power grid? Improve the grid, China told the energy companies. Details of the new law were published this weekend by Xinhua, the official Chinese news agency. Every year China will determine what percentage of its energy will come from renewable sources, and every year, China’s energy companies will be expected to make it so. In contrast, the Obama Administration is struggling to squeeze a market-based cap and trade bill laden with incentives for business through a stingy Senate, even with the enthusiastic support of Exelon, Duke, Con Ed, and other traditional American energy companies. In its latest effort the administration is […]