The Environmental Protection Agency announced Thursday that it has finalized a pair of new regulations on power plants expected to produce massive economic damage and unemployment in coming years. The regulations aim to reduce pollution in down-wind states, and replace similar regulations created by George Bush’s EPA in 2005 and …
Typically when someone buys something, that person receives some good or service in return. That’s not always the case when it comes to the federal government. The Department of Interior failed to issue leases after several oil and gas companies purchased them from the Bureau of Land Management. Consequently, the …
A glut of unsold trucks sits on General Motors dealers’ lots. Two auto plants in Indiana and Michigan stand idle, and it appears that the taxpayers aren’t out of the woods yet. GM still faces serious problems, being made worse by impending regulations. The Detroit Free Press reports: “Supply of Silverados …
Releasing 30 million barrels of petroleum from strategic reserves is not an energy policy, and it is not an especially useful response to either short-run or long-run pressures on gasoline prices. Because the release is scheduled to stop in 30 days, market adjustments will partially offset the release’s impact in …
On June 28, 2010, the Atomic Safety and Licensing Board—a three-judge panel charged with conducting licensing hearings for the Nuclear Regulatory Commission (NRC)—rejected the Department of Energy’s motion to withdraw the license application to move forward with opening Yucca Mountain, the geologic repository meant to store our nation’s used nuclear …
America’s chemical industry is one of the biggest consumers of natural gas. But it is stridently opposed to government interference and taxpayer-funded subsidies for the production, use and purchase of natural gas vehicles. American Chemical Council chief executive Cal Dooley, a former Democratic congressman from California, spoke at today’s Bloggers …
Doesn’t the Department of Energy (DOE) have enough needless programs and spending projects on its plate? DOE recently announced that it is launching a new program in cahoots with the Consortium for Energy Efficiency in which they will award the producer of the most efficient television. Producers will compete internationally …