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  • Industry-Funded NATGAS Act Is Financial Fairy Dust

    Senate Democrats and Republicans are negotiating a number of amendments to attach to the highway transportation bill, including a possible vote on the NATGAS Act. The bi-partisan NATGAS Act provides a host of subsidies for producing and buying natural gas vehicles and refueling infrastructure. Similar legislation was introduced in the House … More

    Clean Energy Standard: Another Energy Tax in Disguise

    When are we going to be honest about the impact of “clean energy” standards, renewable energy standards, cap and trade, and all the other policies to cut energy use under the guise of helping future generations? These policies are not things we do for our grandchildren; they are things we … More

    President Responds to the Inaudible Cries for Higher Gasoline Prices

    It appears the President studied economics with his textbook upside down. He proposes to raise taxes on oil companies in order to combat high gasoline prices. Or not. Maybe his textbook was right side up and he thinks gasoline prices are too low. That would be consistent with statements by … More

    Wind Subsidies vs. Oil Subsidies

    In sharp contrast to wind turbines, the wind lobby is spinning at 100 percent capacity—in order to keep the industry in the taxpayers’ pockets. Their dizzying logic makes you wonder if they have been riding the blades instead of examining the facts. First, they make two contradictory assertions: (1) Wind … More

    Subsidies and Costs in the Solar Industry

    According to Germany’s environment minister, Norbert Roettgen, “Solar is a success story made in Germany.” “Success” appears to mean having the world’s largest amount of ridiculously overpriced electricity. (The German subsidy for solar energy is up to five times the actual wholesale cost in the U.S.) But even Roettgen realizes … More

    Money Loser + $100 Million Subsidy = Money Maker?

    When is a solar energy company a loan flipper instead of a solar energy company? How about when the value of its loan subsidies vastly exceeds the value of its solar project? A case in point is First Solar’s sale of its Antelope Valley Solar Ranch 1 (AVSR1) to Exelon. … More

    Clean Energy: Cap and Trade Lite

    In his State of the Union address last month, President Obama requested that Congress pass legislation mandating a national clean energy standard (CES). A CES targets the CO2 emissions from the electric power industry by setting minimum percentages of total power (electricity) generation that must come from sources that emit … More

    Narrow Interest Blocks Big Pipeline

    The Obama Administration, encouraged by environmental groups, has blocked yet another affordable energy project—the Keystone XL Pipeline. Add this to the unconscionable slowdown of leasing and production in the Gulf of Mexico, foot-dragging on production in the Chukchi and Beaufort Seas, blocks on offshore production in the Atlantic and Pacific, … More

    EPA's New Mercury Rule? Environmental Hocus Pocus

    The EPA’s analysis of the new mercury rule (the Utility Maximum Achievable Control Technology, or Utility MACT) is yet another example of regulatory bait-and-switch. The rule refers to mercury but really targets CO2, and it generates its purported benefits from reducing particulates that are already covered by other regulations. For … More

    Another Free-Money Report

    Because the concept of opportunity cost is fundamental to all of economics, it is covered in the first chapter of every principles-of-economics textbook. Opportunity cost tells us what we give up when make decisions on consumption and production. There are no free lunches. In spite of the universal agreement on … More