The government isn’t very good at picking technologies to invest in. Undeterred by this track record, however, some members of Congress now want to create a new subsidy program for cars powered by natural gas. Time to remember two great moments in government technology policy. In the early 1960s, an …
The City of Chicago is preparing for the absolute worst. No, it’s not the financial crunch they’re worried about. While cities across the country are considering closing libraries, cutting services and even pleading for bankruptcy in order to avoid economic Armageddon, the Windy City is preparing for a global-warming-induced environmental apocalypse. …
President Obama has often said that we need more oil and gas drilling in the United States, but rarely have the Administration’s actions matched his rhetoric. In his weekly video address, however, the President called for more lease sales in Alaska’s National Petroleum Reserve, extended leases in the Gulf of …
With the current debate over ending oil producers’ subsidies the question arises as to what subsidies do the producers actually get. It is a surprisingly complicated question. Wind producers also get subsidies that take complex forms—investment tax credits, production tax credits, mandates, property tax exemptions, etc. But the major federal …
The invaluable Alaskan oil pipeline isn’t doing well these days. A remedy to help fix this precious resource is available but overzealous environmentalists and over-regulatory politicians are standing in the way. The ever-decreasing amount of oil flowing through the pipeline is disrupting its effective operation — and threatening its very …
