• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Cash for Clunkers Sentence of the Day

    “But don’t expect anyone in Congress to admit that taxpayers are paying around $6,000 to provide a $4,500 rebate for a foreigner or illegal immigrant to buy a new car. “ That’s Lurita Doan. She argues: “First, DOT created and staffed an entirely new organization with three divisions to administer … More

    Heritage Foundation Releases Economic Study of Waxman-Markey Cap and Trade Bill

    The idea behind cap and trade is to reduce carbon dioxide emissions by putting a price on the right to emit carbon and other greenhouse gases on businesses. Since 85 percent of America’s energy needs are met through carbon-emitting fossil fuels, cap and trade would be a massive tax on … More

    Capping the Wild, Wild West's Carbon Emissions

    A look at the states hit hardest by the Waxman-Markey cap-and-trade policies immediately reveals a serious regional divide. The regions worst affected? About half the country. Testifying before a hearing of the Congressional Western Caucus, The Heritage Foundation’s Senior Policy Analyst Ben Lieberman elaborated: The disproportionate burden affects the West. … More

    Cash for Clunkers by the Numbers

    Ken Belson of the New York Times provides some interesting data points on the cash for clunkers program: The “cash for clunkers” program introduced last week appears to have been a success, at least based on the tens of thousands of consumers who streamed into their local car dealers to … More

    Is Cash for Clunkers Stimulating the Economy?

    Alan Greenspan says no: “It’s an interesting issue. I mean, I have qualms about the concept, but there is no doubt that that very extraordinary response is a very important indicator that the state of confidence in the economy is beginning to pick up. If we had been — the … More

    Cash for Clunkers: Victims of Their Own Success?

    Cash for clunkers is working. Too well, in fact. The $1 billion program that offers $3,500 to $4,500 rebates to turn in your old vehicle to purchase a new, fuel-efficient one. The billion dollars is projected to run out much more quickly than previously thought, and while it’s a great … More

    Big Goverment Spends Taxpayer Dollars to Study Energy Behavior

    From E&E News: “House Science and Technology Committee yesterday approved legislation to establish a social and behavioral sciences research program at the Energy Department. The Science Committee also approved three bills to focus DOE research on energy efficiency and advanced energy technologies through programs in advanced vehicle technologies, wind energy … More

    Refinery Opposes Cap and Trade

    From the International Business Times: Valero Energy Corp. chief executive officer Bill Klesse hopes the Waxman-Markey bill, which includes a proposal to enact a cap-and-trade system in the country, is eventually defeated when it gets into the U.S. Senate, he said Tuesday. The executive, who leads the largest independent oil … More

    DOE-USEC Loan Guarantee Decision Shows Danger of Government Dependence

    In what chief executive John K. Welch called “shocking and disappointing,” the Department of Energy denied USEC’s request for $2 billion in loan guarantees for a new uranium enrichment plant in Piketon, Ohio. But should anyone really be surprised? The fact is that government policymakers have been dictating the future … More

    Gas Prices Rise, Time to Blame the Speculators

    The national gas price average is $2.51 for July 28, 2009, far less than the $3.96 it was one year ago to this date, but still high enough to make you groan as you wait for a seemingly-endless long time for that click of the pump, letting you know your … More