Last week, Representative Ed Markey (D–CA) sent a letter to Secretary of Energy Stephen Chu questioning whether exporting natural gas would benefit American businesses and consumers. He wrote, “I am worried that exporting America’s natural gas would raise energy costs for American consumers, reduce the global competitiveness of U.S. businesses, make us more dependent on foreign sources of energy, and slow our transition away from fossil fuels.” Natural gas prices have been consistently low in the United States for the past two years but much higher abroad. If the price …
President Obama is channeling his inner Jimmy Carter again. In 1979, President Carter had solar panels installed on the roof of the White House, and they were taken down in the Reagan Administration during roof repairs. Today, the White House announced that that Obama Administration will use taxpayer dollars to build solar panels and a solar hot water heater on the roof of the White House in the spring of 2011. It’s an easy decision to make when you’re not the one paying for it. The government’s Energy Information Agency …
On November 23, 2009 the Congressional Budget Office issued “Economic and Budget Issue Brief: The Costs of Reducing Greenhouse-Gas Emissions.” This brief echoed many of the points The Heritage Foundation has made in its reports, WebMemos, blogs and our responses to a request from Henry Waxman (D-CA), chairman of the House Energy and Commerce Committee. For example: A. The CBO correctly notes that efficiency mandates (standards) don’t lower the cost of cap and trade. Here’s how they say it: “However, standards would tend to increase the costs of a cap-and-trade …
A study out of Stanford analyzes factors that lead to California’s lower per-capita electricity consumption. Proponents of regulation and cap and trade often point to the “success” California has had reducing per-capita electricity consumption (Note the reduction is relative to per-capita consumption in the rest of the U.S.). The study finds that the vast majority of the difference in electricity use is explained by factors other than policy. For instance, the mild weather and California’s relatively higher use of natural gas for space heating, led to a 15.8% reduction in …
In other words, the cost of a suitcase of Budweiser could make or break the country’s most ambitious environmental program.” That’s the Wall Street Journal’s Keith Johnson discussing numbers from the most recent Washington Post-ABC News poll. When asked about cap and trade, 52 percent of responders supported such a program – the same as last month but down from 59 percent a year ago. More interesting, though, is how the responses change when asked how much one would be willing to pay in higher electricity bills. When asked if …
Then-Senator Obama: “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” [youtube]http://www.youtube.com/watch?v=ydqg7ThZB04[/youtube]
Jack Spencer, Research Fellow in Nuclear Energy at the Heritage Foundation, authored this post. The Center for American Progress is promoting a study called “Business Risks and Costs of New Nuclear Power,” which according to a CAP press release uncovers the “staggering” costs new nuclear power. The study prices out new nukes based on what it purports to be a realistic set of conditions. Aside from the cherry-picking of data and its clear tilt toward Big Green (the vast industrial complex and lobbying machine being built around global warming alarmism), its …
