Fuel-cell vehicles are a long way off, reports The Washington Times. Cost, fuel availability, and consumer skepticism remain major obstacles. This is yet another reason why Congress should end subsidies for alternative energy technologies. Introducing the five-year, $1.2 billion Hydrogen Fuel Initiative in 2003, President Bush promised that federal subsidies …
Al Gore has warned a group of leading investment managers at a UN-sponsored conference to cleanse their portfolios of “subprime carbon assets.” In Gore’s mind, businesses that rely on carbon-intensive energy are bad investments — or should be, and Wall Street should see them as riskier than “clean energy” companies …
A new study by University of Washington economics professor Theo Eicher finds middle-class families are being priced out of the Seattle real estate market due to land-use regulations that drive up home prices by more than $200,000 per home. Eicher identifies Washington’s smart-growth-movement-inspired Growth Management Act as one of the …
A Barton, Md., reader of the Cumberland Times pierces through the doublespeak of environmental groups that advocate conservation as the key to avoiding imminent power shortages in the region. Responding to power company admonitions that the public needs to conserve more, he writes: Lady, I’m retired, on Social Security, over …
Sen. Byron Dorgan (D-N.D.) has joined six of his Senate colleagues (Jeff Bingaman, Carl Levin, John Kerry, Susan Collins, Joe Lieberman and Ron Wyden) in introducing a bill “to increase the supply and lower the cost of petroleum by temporarily suspending the acquisition of petroleum for the Strategic Petroleum Reserve.” …
The federal government is doing all it can to revive the economy and prevent the United States from dipping into a recession. Most notable is the stimulus package focused on tax rebates which, in effect, won’t actually stimulate the economy. As Roy Innis, chairman of the Congress of Racial Equality, …