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    Building on Quicksand: The Social Cost of Carbon

    In the recent State of the Union address, President Obama promised to act alone on his political agenda if Congress didn’t go along, and he is indeed relying on unilateral executive action as he focuses on carbon-based energy. A major weapon in this attack on the most affordable energy sources … More

    The 10 Worst Regulations of 2013

    There are many things 2013 will be remembered for, not least the miles of red tape that were imposed on Americans. It has been a very busy year indeed for regulators, who imposed new dictates on everything from the food we eat to the loans we obtain and the health … More

    Baucus Continues Losing Streak with Energy Tax Reform Draft

    Chairman of the Senate Finance Committee Max Baucus (D–MT) released a draft bill to reform the way the tax code treats energy. This latest draft reform plan misses the mark, just like his earlier efforts on international tax and depreciation did. Baucus claims that his plan would stop the tax … More

    Heritage Contributes to the Reopening of the White House's Social Cost of Carbon Discussion

    The White House has stated that it will open its estimate of the social cost of carbon (SCC) for public comment. Administration officials who are responsible for this decision should be commended for recognizing the need to revisit this issue. We at Heritage are proud to say that we contributed … More

    Carbon Regulation: Time for America to Learn from Australia’s Mistake

    Australia’s new Prime Minister Tony Abbott, who won a landslide victory earlier this month, vowed to promptly scrap the nation’s tax on carbon emissions. He began to follow through at his first cabinet meeting. Also in line to be repealed are several commissions organized by the previous government to provide … More

    EPA’s New CO2 Regulations: Time for Congress to Step Up

    “Politically, the White House is hesitant to say they’re having a war on coal. On the other hand, a war on coal is exactly what’s needed.” That gem came from outside White House adviser Daniel Schrag when President Obama made his climate change speech in June. This morning, the Environmental … More

    Scrutinizing the Social Cost of Carbon: Comment to the Energy Department

    On September 16, Heritage analysts David Kreutzer and Kevin Dayaratna sent a request to the Department of Energy requesting that a recent rule incorporating an updated Social Cost of Carbon be opened for additional comments. The Social Cost of Carbon (SCC) is a monetary value measuring the purported damages from … More

    Subsidies and Taxes Complicate the Future of Nuclear Power

    Rising maintenance costs and a sharp decrease in natural gas prices have put the future of some nuclear power plants into question. But other plants face retirement under the burden of specific taxes and anti-competitive green energy subsidies. Mark Cooper, a senior fellow at the Vermont Law School, recently published … More

    House Pushes Back Against White House Carbon Measures

    Before the House dismissed for August recess, it sent two important messages related to regulating (or not) carbon dioxide. The House decisively passed an amendment to the Regulations from the Executive in Need of Scrutiny (REINS) Act raised by Representative Steve Scalise (R–LA) that would require congressional approval for a … More

    Keystone Pipeline: Shaheen–Portman Bill the Wrong Place for a Keystone Amendment

    The Heritage Foundation has already made the case that the Shaheen–Portman energy efficiency bill promises only more federal intervention and corporate welfare. Adding an amendment to approve the Keystone XL Pipeline project wouldn’t make the bill any better. The Shaheen–Portman bill would set up a “voluntary” national building code that … More