Political Environmentalism: Bad for the Environment

From the Economist, in regards to the upcoming energy bill:

The Democrats hold at least two suspect truths to be self-evident. Most obviously, they think that politicians should micro-manage energy policy, encouraging some technologies and neglecting others. That ignores most of the lessons of economics, but it is decidedly well grounded compared with the Democrats’ other verity: that slowing global warming and reducing dependence on imported fuels go hand-in-hand. What sense does it make to give preference to American ethanol over the cheaper and more climate-friendly Brazilian sort? (Indeed, if you embrace the goal of “energy security”, bigger imports of Brazilian ethanol might help, by reducing America’s demand for oil from more hostile lands.)