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  • 'Global' Global Warming Treaty is a Bad Idea

    As countries from all over the world reconvene in frigid Posnan, Poland for the second week of United Nations climate change discussions, the potential for a global pact to reduce greenhouse gas emissions appears to be fading, much like global warming hysteria itself. Reuters reports, A year ago, 190 nations … More

    The Big Three’s Plans for Change

    A few weeks ago, CEOs from Detroit’s Big Three flew to Washington in their private planes asking for $25 billion. They were ridiculed for flying private jets and Congress sent them home, demanding they needed a comprehensive plan to even consider loaning this kind of money to the automakers. They … More

    Saving Detroit

    June 4, 2008, must seem like light years ago for Detroit. On that Wednesday night, the Detroit Red Wings hoisted Lord Stanley’s Cup in Hockeytown, U.S.A. Since then, it’s been nothing but the doldrums. The Detroit Lions have managed to lose every single football game in the 2008 season and … More

    Cars Will be Made in the U.S.

    The Wall Street Journal ran a great article on those ‘other’ car manufacturers we have in the U.S. The takeaway: These are the 12 “foreign,” or so-called transplant, producers making cars across America’s South and Midwest. Toyota, BMW, Kia and others now make 54% of the cars Americans buy. The … More

    Wind Suppliers are Paying People to Take Their Energy.

    Yes, you did read that title correctly, and no, it is not a joke. This is what happens when wasteful subsidies distort the market: In the first half of 2008, prices were below zero nearly 20 percent of the time. During March, when negative prices were most frequent, prices were … More

    Will Democrats Reinsert the Ban on Drilling?

    The Congressional restrictions on energy leasing in 85 percent of America’s territorial waters, which have been renewed annually since 1982, were allowed to lapse this year. They expired on September 30th, and since overlapping White House restrictions were rescinded by President Bush a few months ago, nearly all of our … More

    Disturbing Auto Industry #s

    Lynne Kiesling highlights these daunting numbers from David Yermack’s WSJ piece: • GM and Ford are two companies that made the most money-losing investments in the 1980s; between them they “destroyed $110 billion in capital” in the decade, according to an analysis from the careful and renowned economist Michael Jensen. … More

    Auto Bailout: Stuck in Neutral

    Congress is facing a few road bumps during this lame duck session to pass any legislation. The Omnibus Lands Bill that restricts energy exploration has been put on the backburner, at least for now, to make room for a vote to bail out Detroit. The good news is Democrats and … More

    Nuclear Reactors Small & Large

    104 nuclear power plants currently provide electricity for 20% of the nation. One of these reactors (1,000 Megawatt) provides electricity for about one million homes. This is great, but good things can come in small packages, too. For instance, Hyperion Power Generation, Inc. is looking to commercialize small, nuclear reactors … More

    The Auto Bailout & The Bankruptcy Myth

    When I think of bankruptcy I think of this. That’s right, the Monopoly Guy. Pockets empty. Shoulders shrugged. Game over. All the jobs will be wiped off the face of this earth and bulldozers will tear down the buildings. I’m guessing a lot of people think this way when they … More