President Obama blasted oil-drilling advocates last week, equating their solution for high gas prices to people who didn’t believe the Earth is round. President Obama said, They dismiss wind power. They dismiss solar power. They make jokes about biofuels. They were against raising fuel standards. I guess they like gas-guzzlers. …
Reuters reported that President Obama and Prime Minister David Cameron discussed jointly releasing oil from emergency reserves. Although the White House denied the report, releasing oil from our nation’s Strategic Petroleum Reserve is still not a good idea. The Strategic Petroleum Reserve (SPR), managed by the Department of Energy (DOE), …
Two of the amendments offered as attachments to the highway transportation bill are completely at odds with one another. Senator Debbie Stabenow’s (D–MI) amendment continues the status quo of government dependence, technological stagnation, and wasted taxpayer dollars by extending tax credits for a whole host of energy sources: wind, cellulosic …
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 …
On the morning of Tuesday, February 21, 2012, a debate took place at the World Bank, and the outcome was stunning. Heritage’s David Kreutzer and Yale University economics professor Robert Mendelsohn debated Marianne Fay of the World Bank and Paul Ekins of the University College London. The proposition was “Green …
As Congress hammers out the details of the payroll tax extension package, Members on the left and the right are making last-minute attempts to include a number of other provisions, including production tax credits for alternative energy sources. Some republicans are using the “conservatives are the party of lower taxes” …
The White House released its much-awaited Report of the Independent Consultant’s Review with Respect to the Department of Energy’s Loan and Loan Guarantee Portfolio. Unfortunately, the report’s conclusions were doomed from the beginning, because it fails to ask an important, fundamental question: Why do we have the loan guarantee program …
