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), …
The conversion of corn to ethanol has contributed to a doubling in global food prices since 2005, according to a report by the New England Complex Systems Institute (NECSI). In a presentation at The Heritage Foundation, Dr. Yaneer Bar-Yam elaborated upon earlier research done by NECSI demonstrating a link between …
It was clear in pre-election discussion that Americans want energy independence. The most successful means to this end has been the free market—and the release of the International Energy Agency’s (IEA) annual World Energy Outlook proves it. IEA projects that while global energy demand will climb, America will emerge as …
The International Energy Agency (IEA) released its Annual World Energy Outlook this week with the headline that the U.S. could become a net exporter of natural gas by 2020 and essentially energy independent by 2035. This transformation is a direct result of the private-sector innovation and investments to develop new …
In the wake of the recent Russia-Ukraine gas spat, debate has begun once more in Europe on how to secure energy supplies. The focus again turns to developing policies that reduce the continent’s vulnerability to events that threaten the security of supply in the future. As reported here earlier, in …
Congress is expected to vote on a stimulus package after the election. This package may include various spending increases including funding for infrastructure, and bailouts for states facing budget shortfalls. Unfortunately, proposals made thus far are emblematic of a failed approach. Increased spending, whether it is in the form of …
