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  • Conservatives Could Hold the Stop Sign on Auto Bailout

    From the front page of the NY Times: The prospects of a government rescue for the foundering American automakers dwindled Thursday as Democratic Congressional leaders conceded that they would face potentially insurmountable Republican opposition during a lame-duck session next week. “ The 60 votes necessary to pass the bill in … More

    An Economist's Memo to Obama

    Harvard economist Greg Mankiw’s letter to President-elect Barack Obama offers some great suggestions for the next four years: Congratulations, Senator Obama. You ran a good campaign, and you racked up an historic victory. As you get ready for your new responsibilities, let me suggest four ways for you to become … More

    Morning Bell: Obama's Nuclear Divide

    President-elect Barack Obama has a number of challenges to tackle when he takes office in January. One of his promises is to change the weather — by addressing global climate change. While only Congress (or the EPA) can implement an economy-wide cap-and-trade policy, Obama would surely sign the bill. In … More

    The Global Warming Challenge

    Some of the most egregious policies implemented by Congress have been when Members failed to fully understand the costs and the benefits of that policy. Sometimes it’s haste and other times it’s failing to take into account the seen and the unseen. The question is: If Congress implements a stringent … More

    Time to Say Hasta la Vista, Nuclear Moratorium

    It’s time for California Governor Arnold Schwarzenegger to put his money where his mouth is. He’s a vehement believer that the United States needs to reduce its greenhouse gas emissions and in March he advocated the use of nuclear power in America. He said, I myself think that nuclear power … More

    Wind Dies Down, Should We Subsidize Something Else?

    Decrease in energy demand and the current credit crunch has led to a number of hold ups and delays in large renewable energy projects, particularly wind. The decrease in demand for energy caused natural gas and oil prices to fall in recent months and Reyad Fezzani, chief executive officer of … More

    Propping Up a Failing Auto Industry

    According to the latest news, the only obstacle remaining to complete a merger between General Motors and Chrysler is $10 billion in taxpayer money. Jui Chakrovorty Das and Kevin Krolicki detailed that GM and Cerberus Capital Management, the owner of Chrysler “have resolved the major issues in a proposed GM-Chrysler … More

    Clean, Safe Energy - and lots of it!

    Earlier this week, The Heritage Foundation hosted Veteran journalist William Tucker, who recently released his book, “Terrestrial Energy: How Nuclear Power Will Lead the Green Revolution and End America’s Energy Odyssey.” The event is available for viewing here. Windmills, solar collectors and geothermal plants can make a small contribution at the … More

    More Help for the Auto Industry? Just Say No

    General Motors wants to merge with Chrysler. Doesn’t sound so bad, right? Turning Detroit’s Big Three into the Big Two might be just the remedy for an ailing U.S. auto industry. Maybe not. But that’s not the problem. The problem is how GM is proposing to merge with Chrysler — … More

    It's Not Easy Being Green

    Kermit the Frog poured his heart out when he sang, “It’s Not Easy Being Green.” I couldn’t have said it better myself. In fact, it’s quite costly to be green. But policymakers and environmentalists alike are purporting the ‘Green Revolution’ as the solution to both our financial woes and our … More