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    Pickens Admits: Subsidies Are Unnecessary

    It’s difficult to believe that less than a year ago, proponents of expanding the natural gas industry insisted that it needed federal subsidies. But at least one prominent advocate is now singing a different tune. Back in December, billionaire T. Boone Pickens wrote in Politico: The problem is that there … More

    Chemical Industry Fears Job Losses If Congress Subsidizes Natural Gas Cars

    America’s chemical industry is one of the biggest consumers of natural gas. But it is stridently opposed to government interference and taxpayer-funded subsidies for the production, use and purchase of natural gas vehicles. American Chemical Council chief executive Cal Dooley, a former Democratic congressman from California, spoke at today’s Bloggers … More

    When Government Picks "Winners," They Sometimes Turn Out to Be Losers

    The government isn’t very good at picking technologies to invest in. Undeterred by this track record, however, some members of Congress now want to create a new subsidy program for cars powered by natural gas. Time to remember two great moments in government technology policy. In the early 1960s, an … More

    Reid’s Lame Duck Energy Bill: More Money for Special Interests, Higher Costs for the Rest of Us

    It’s highly unlikely that we’re going to see any large energy bills like a cap and trade or renewable electricity standard passed during the lame duck session, but that isn’t stopping Senator Harry Reid (D–NV) from moving forward with bad energy policy. Undeterred by an American electorate that shouted clearly … More