According to a new report on financial waste in the Department of Defense, the Pentagon initiated more renewable energy projects in 2010 – the year measured – than any other federal agency, including the Energy Department and the Environmental Protection Agency. Those findings are detailed in a report (embedded below) released Thursday …
To its credit, the Obama Administration has yet to endorse a carbon tax. Such a tax is promised as the one-two punch that will put a significant dent in America’s fiscal crisis and the supposed impending doom from manmade global warming. This “market-based” approach will, supporters promise, bring new revenue …
Michigan voters rejected a proposed state constitutional amendment last week that would have imposed a mandate requiring the state’s utilities to source 25 percent of their electric sales annually from renewable energy by 2025. Proposal 3, dubbed “25 by 25,” called for more renewable energy from wind, solar, biomass, and …
It was clear in pre-election discussion that Americans want energy independence. The most successful means to this end has been the free market—and the release of the International Energy Agency’s (IEA) annual World Energy Outlook proves it. IEA projects that while global energy demand will climb, America will emerge as …
The International Energy Agency (IEA) released its Annual World Energy Outlook this week with the headline that the U.S. could become a net exporter of natural gas by 2020 and essentially energy independent by 2035. This transformation is a direct result of the private-sector innovation and investments to develop new …
Prominent right-of-center groups and individuals have floated the idea recently of backing a carbon tax that uses its revenue to offset other taxes or pay down the national debt. But a new industry report casts doubt on the viability of that policy, and the contradictory proposals of carbon tax proponents …
As a follow up to the Green Graveyard overview, this post provides additional information concerning the funding for each of the now-bankrupt green energy companies. In one of the most extensive compilations to date, Heritage has identified 19 bankrupt green energy companies that were unable to succeed even with the …
Real estate giant Forest City Enterprises is getting into the renewable energy market, investing in waste-to-methane conversion, a technology one company executive says “can survive without public subsidy.” But so far, that technology is reliant on taxpayer dollars, and Forest City is also “investing” in politicians who will likely keep …
While there’s speculation over which federally supported green energy company may be the next to declare bankruptcy, plenty have already gone belly up. In one of the most extensive compilations to date, Heritage has identified 19 bankrupt green energy companies—unable to make it even with the $2.6 billion in financial …
The Fukushima nuclear reactor accident in March 2011 challenged the public’s perception of nuclear power. However, much of this disillusionment simply stems from a lack of understanding of how a nuclear power plant functions. Inside a Nuclear Reactor A nuclear power plant is a lot like most coal or natural …