The 2009 Offshore Technology Conference kicked off yesterday with a star-studded panel offering perspectives from all sides to discuss meeting America’s energy challenges in both the near and the long term. The panel included statements and question and answers from Roger Ballentine (Senior Fellow, Progressive Policy Institute), Jack Gerard (President, …
Heritage Foundation President Ed Feulner’s message, written five years ago, is still very much relevant today: Almost all the settlers who arrived here hundreds of years ago were subsistence farmers. They cleared hundreds of millions of acres of trees. According to the Pennsylvania Department of Conservation and Natural Resources, “A …
Though intended to help consumers and reduce greenhouse gas emissions, the ethanol mandate has done just the opposite, contributing to high food and gas prices with little environmental benefit. A Congressional Budget Office (CBO) report released yesterday confirmed this: Increased use of ethanol accounted for about 10 percent to 15 …
President Obama has been touting green energy investment and green jobs since his campaign trail, but he really kicked it into another gear once the economy tanked, calling the green stimulus a cure to the recession and to climate change. During his push for stimulus bill support, President Obama said …
This morning’s breakfast had two very interesting speakers: climate skeptic Congressman Tom McClintock from California and Canadian author, columnist and environmentalist Lawrence Solomon. Solomon is a founder and managing director of the Energy Probe Research Foundation and is a strong advocate of renewable energy and written a book against urban …
Or should the question be how much will they waste? Economist Arnold Kling has a list of risks associated with a large stimulus. Number one on the list is: It is harder to spend larger amounts quickly and cost-effectively. One of Obama’s chief economists, Larry Summers, emphasized that stimulus spending …
Will the Stimulus plan currently proposed by Congress actually create jobs? The short answer is no. The longer answer is the government cannot create jobs; the government can only transfer or redistribute jobs. As Heritage Senior Budget Analyst Brian Riedl says, “[B]efore the government can spend $1 billion hiring road …
If the tide on global warming is beginning to shift, and climate scientists who believe global warming is a serious threat are looking for a job, look no further: An economic stimulus plan released by House Democrats yesterday would pump more than $1 billion into climate science at federal agencies, …