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 …
“We need green energy. Just not here.” Do those words sound familiar? That’s quite often the case with so-called proponents of green energy. The acronym NIMBY (not in my back yard) should really be replaced with BANANA (build absolutely nothing anywhere near anything), according to Ryan Yonk, coauthor of a …
A blackout occurred in the wake of Hurricane Sandy, as more than 8 million people in the northeast were left without power. Millions could remain without power for several more days. Hurricane Sandy was a natural disaster that people could prepare for but couldn’t avoid. Blackouts and brownouts caused by …
Buried in Friday’s Bureau of Labor Statistics report on the country’s unemployment situation was this disheartening fact: 9,000 employees of the mining and resource extraction sector lost their jobs in October. That brings total job losses in that sector to 17,000 since May, according to BLS. The Bureau, which is …
Despite more than $14 billion in cash payments to solar, wind, and other renewable energy project developers since 2009, just 48 terawatt hours of additional annual electricity generation were expected to be added through funds authorized by the stimulus, according to documents released by the Department of Treasury. The more …
Disappointed with the lack of global warming discussion in the current presidential campaign, tabloid climatologists have latched onto Hurricane Sandy as their vehicle for relevance. The more reserved among them use lines like “Though we cannot prove that global warming caused Hurricane Sandy, the scientists predict there will be more …
The Administration’s green jobs initiatives appear to be the Detroit Tigers of the policy world—they are 0-for-4 in the major reports on their success. In the past year, there have been four reports on green jobs by the Department of Labor: two from the department’s inspector general’s office and two …
Politicians too often confuse “free money” with “free markets”—that is, they consider themselves pro-business when they work deals that make some businesses happy, even though it usually comes at the expense of the overall economy. So it should be no surprise that President Obama claimed in a Morning Joe interview …
