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    Energy: What Works and What Doesn't

    President Obama told listeners during his weekly address that American energy is booming under his Administration. The reality is, however, that the private sector delivered the economic benefits America is enjoying from energy production—and the Administration’s policies are stunting that growth. The President highlighted that domestic oil production surpassed imports … 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 Also in line to be repealed are several commissions organized by the previous government to provide … More

    Australia’s Carbon Policy: Just Do Something

    At this time last year, the Australian government began collecting the world’s most expensive carbon tax. A year later, it seems unanimous among Australia’s two biggest parties that the tax has got to go. Prime Minister Kevin Rudd yesterday recommended replacing the tax with cap and trade. The change would … More

    Carbon Tax: Still a Bad Idea

    An anti-carbon tax amendment will likely be considered as the Senate attempts to pass its first budget in four years. While it has been made quite clear that passing a carbon tax would fail in both chambers of Congress, it is important to stress why enacting a carbon tax would … More

    Production of Oil, Gas and Coal on Federal Lands Sinks to Nine-Year Low

    Last fall the U.S. government’s Energy Information Administration reported a 40 percent decline in oil and natural gas production on federal lands compared to 10 years ago. The White House and a prominent liberal in Congress protested. They said EIA, a trusted source for reliable energy information, was wrong. They … More

    Heritage Foundation Releases Economic Study of Waxman-Markey Cap and Trade Bill

    The idea behind cap and trade is to reduce carbon dioxide emissions by putting a price on the right to emit carbon and other greenhouse gases on businesses. Since 85 percent of America’s energy needs are met through carbon-emitting fossil fuels, cap and trade would be a massive tax on … More