When insurance giant AIG paid lucrative bonuses to top executives after receiving federal support, President Obama asked, “How do they justify this outrage to the taxpayers who are keeping the company afloat?” But three years later, numerous green energy companies backed financially by the administration are paying out large salaries …
Do bank robbers stimulate economic growth? If you employ the logic used by the National Renewable Energy Laboratory (NREL) to assess the impact of the stimulus bill’s renewable-energy subsidies, the answer would be “yes.” The NREL recently issued a report on the economic impact of the Section 1603 Treasury Grant …
When it comes to finding alternate pathways to force their green agenda onto Americans, President Obama and his Administration know how to dream up creative solutions. In this latest installment, Energy Secretary Steven Chu is directing Power Marketing Administrations (PMAs) to invest in a smart electrical grid that also serves …
In sharp contrast to wind turbines, the wind lobby is spinning at 100 percent capacity—in order to keep the industry in the taxpayers’ pockets. Their dizzying logic makes you wonder if they have been riding the blades instead of examining the facts. First, they make two contradictory assertions: (1) Wind …
On the morning of Tuesday, February 21, 2012, a debate took place at the World Bank, and the outcome was stunning. Heritage’s David Kreutzer and Yale University economics professor Robert Mendelsohn debated Marianne Fay of the World Bank and Paul Ekins of the University College London. The proposition was “Green …
Yesterday, President Barack Obama rolled through Las Vegas to push for federal investment in clean energy vehicles, making his pitch at a UPS plant, escorted by a motorcade of 22 fossil fuel-burning vehicles. We haven’t seen anything this ironic since Al Gore hopped on a private jet to promote his …
