Despite a fiscal cliff and sequestration worries, more than $1.2 billion in cash payments for energy projects (in lieu of tax credits) have been issued by the Department of Treasury and Department of Energy since January 1, according to documents from the U.S. Treasury. Through February 14, $1,254,769,726 was distributed …
It’s no secret that the White House, regardless of Administration, releases unpopular news on Friday afternoons. On the popular television drama West Wing, the fictional Bartlett Administration calls it “Take out the trash day.” We shouldn’t be too surprised that the Obama Administration released Environmental Protection Agency (EPA) regulations that …
Government regulations cost Steven Lathrop decades of his life and pushed him into financial ruin, according to a new video released by Senator Ron Johnson (R-WI). Lathrop’s home of Granite City, Illinois, regularly suffered from storm flooding that damaged his neighbor’s homes, and even cost the taxpayers money in federal …
Saving the environment and producing shale oil and gas by hydraulic fracturing (fracking) are not mutually exclusive; however, it seems the two sides have been unable to move past their differences. But The Center for Sustainable Shale Development (CSSD) out of Pittsburgh, Pennsylvania, might just be pointing the way. The …
Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to re-allocate more than $150 million in remaining manufacturing tax credits for “green” energy projects originally authorized by the 2009 American Recovery and Reinvestment Act (the stimulus bill), …
“This is the most effective and efficient way to drive innovation to find better, less-polluting ways of producing power, goods and services,” Australian Treasurer Wayne Swan said at the passage of Australia’s carbon tax in July 2012. One wonders if he would say the same today—or, perhaps more importantly, if …
Despite billions of dollars in unused loan authority remaining under the Department of Energy’s (DOE) Loan Programs Office, negative publicity surrounding the loan guarantee programs (which offer taxpayer dollars to government-approved companies) has tampered with applications, according to a new Government Accountability Office (GAO) report. More than $51 billion in …
