Mike Munger catches the government doing what government does, rather oafishly: in this case, fining companies for their failure to use enough cellulose-based ethanol, a product that is not even commercially available. The mind boggles.
On the other hand, imagine the possibilities of such an “incentive” program. Fine Boeing a few billion dollars a year for their failure to achieve faster-than-light travel, and I’m sure that we’ll have warp speed in no time.