ENERGY: Rocky's Moon Shot

"If we can put a man on the moon, why can't we . . .?" That cliché was invoked two years ago by Richard Nixon in promising an effort (Project Independence) to free the U.S. from reliance on foreign oil. Last week Gerald Ford finally produced an energy-development plan comparable to the moon program in size and scope—and also in controversy. In a San Francisco speech before a cheering AFL-CIO audience, the President pledged to send Congress a bill to create an Energy Independence Authority that over the next ten years would...

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