Applying Yandel's "Bootleggers and Baptists" Theory of Regulation to Energy Establishment and "Environmentalists"
…de, H.R. 2454: American Clean Energy and Security Act of 2009, aka Waxman, Markey. The bootleggers include the lawmakers who will gain lifetime sinecures from all the lobbying and campaign contributions involved in optimizing the complexities to favor their industry, their company. The utilities who already have a dominant nuclear position may be bootleggers too, as they gain grandfathering advantage over new entries into the generation business….