Following the midterm elections, President Obama admitted his ‘cap and trade’ energy legislation was dead for the next two years. Does that mean Obama plans to wait for a second term to try again or will he just have the EPA push through new regulations without the input of Congress? Why would Obama’s proposed shift to new clean energies greatly enrich China and make the U.S. dependent upon Beijing instead of the Middle East? And what would actually be the smartest energy policy moving forward? We ask Robert Bryce, energy expert at the Manhattan Institute.