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  • renewable electricity standard

    Lame Policy for Lame Duck

    It seems that many in Washington had their books upside down when they studied economics. In the midst of a serious recession, they are proposing to jack up income tax rates, which would add hundreds of thousands to the already sky-high unemployment rolls. Now we hear that the Senate is … More

    What’s Scarier Than Cap and Trade? A Renewable Electricity Standard

    For the past year, the phrase “cap and trade” was as taboo as using Lord Voldemort’s name in J. K. Rowling’s Harry Potter series. Wizards scared of the Dark Lord referred to Voldemort as “He-Who-Must-Not-Be-Named.” For those hoping to pass cap and trade, it became “The-Energy-Policy-That-Will-Create-Jobs.” But opponents correctly labeled … More

    Wind Energy: It’s Not Cheap or Clean

    Much of the justification for subsidies, tax credits, and mandates for increasing wind energy production in the U.S. is that it will create jobs and help cool our planet’s fever. We’ve explained in detail how subsidized green jobs destroy jobs elsewhere, but it also turns out that increased wind power … More

    Coal an Alternative Fuel? Yes, According to Reid’s New Energy Bill

    As many predicted, Majority Leader Harry Reid’s (D–NV) new energy bill contains neither a cap-and-trade program nor a renewable electricity standard (RES). But in a complete change of direction, the bill has made coal, the nemesis of the cap and trade/RES crowd, an alternative fuel. So now, to the list … More

    The Good, the Bad, and the Early in the Senate Spill Bill

    The Senate just released its proposed legislative response to the Deepwater Horizon oil spill. Fortunately, earlier efforts to load the spill bill down with extremely costly and unrelated measures like cap and trade have given way to a more targeted approach. Nonetheless, the bill still contains a number of problematic … More

    The President's Oil Spill Speech

    President Barack Obama delivered his first Oval Office speech on the heels of his latest visit to the Gulf region – the fourth since the Deepwater Horizon rig explosion in April.   With such an environmental and economic crisis present, the president needs to exert leadership to protect our precious coastal … More

    Morning Bell: The Obama Energy Tax Game Plan

    In February of this year, after Sen. Scott Brown’s (R-MA) victory put Obamacare on life support, health insurer Anthem Blue Cross announced a 39% rate hike for its individual market subscribers in California. Despite the fact that the President’s health care plan will only drive health insurance rates higher, the … More

    Morning Bell: The Jobless Obama Recovery

    This Wednesday in Pittsburgh, President Barack Obama defended his administration’s economic policies telling the audience at Carnegie Mellon University: “Now, I’ve never believed that government has all the answers. Government cannot and should not replace businesses as the true engine of growth and job creation.” But that is exactly what … More

    Subsidized Green Jobs Still Destroy Jobs Elsewhere

    Last month Politico reported that the alternative energy sector had upped its lobbying efforts from $2.4 million in 1998 to $30 million in 2009. So what is the renewable power industry getting for its investment? Studies like this one by Navigant Consulting, Inc. for the Renewable Electricity Standard-Alliance for Jobs. … More

    Harry Reid's "Smaller" Energy Bill Would Come with Big Costs

    Senator’s John Kerry (D-MA) and Joe Lieberman (I-CT) are set to release the Senate version of a cap and trade bill tomorrow that will call for a 17 percent cut in emissions below 2005 levels by 2020. But if cap and trade cannot garner enough support, Senator Harry Reid (D-NV) … More