Reuters’s environment correspondent Alister Doyle provides even more fodder for why a carbon (energy) tax or the Environmental Protection Agency’s (EPA) regulation of greenhouse gas emissions is economically and environmentally foolish. Doyle writes: Scientists are struggling to explain a slowdown in climate change that has exposed gaps in their understanding …
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), …
President Barack Obama laid out an ambitious agenda last night. Here are some highlights of our experts’ analysis of his claims, his plans, and his promises. Responding to Newtown All Americans, no matter what our backgrounds or political perspectives, abhor the death of innocent human beings. We were shocked by …
The fiscal cliff deal is not only preventing certain politically motivated energy tax policies from falling off the cliff, but it’s also resurrecting ones that have been dead and buried for a year. Lumped into the 157-page fiscal cliff bill are extensions of energy handouts that were originally scheduled to …
The Heritage Foundation has been making the case against energy subsidies for years. This research eventually led to a letter written in March 2011 by our sister organization, Heritage Action for America, and signed by numerous other organizations calling for the dismantling of energy subsidies. Up until then, both Republicans …
ECONOMY A Non-Recovery Recovery The August report shows that the labor market is continuing its non-recovery. Average job growth for 2012 is worse than average job growth in 2011. Fiscal policies from Washington have made the situation worse. While President Obama has promised to reduce regulations, which would help job …
This Friday, the House of Representatives will vote on the No More Solyndras Act, which would prohibit any new loan guarantees from Title XVII of the Energy Policy Act of 2005. For applications that are already under consideration or have received conditional commitment, the bill would require the Secretary of …
The Environmental Protection Agency’s world is chock full of external costs and external benefits that it must rectify with taxes, subsidies, and regulations. For instance, to cure this world of CO2-itis, the EPA, along with the National Highway Transportation and Safety Administration (NHTSA), recently released the latest version of the …
“The Bank of Washington continues to help us!” bragged Solyndra CEO Chris Gronet in emails released last week. An investigation by the House Energy and Commerce Committee revealed that Solyndra—the solar company that went under, taking more than $600 million in taxpayer funds with it—wasn’t ever supposed to be an …
