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    The New Math of Renewable Energy: $50 = $100

    Suppose you could produce $50 of electricity but it cost you $100 to do so. Would that make any sense? It would if you work at the White House. In a speech at a wind-turbine blade manufacturer in Iowa, President Obama called for extending two sets of subsidies that turn … More

    Obama to Tout Green Energy at Politically Connected Wind Company

    President Obama will make a push for wind energy subsidies on Thursday at the Iowa production facilities of a politically connected wind turbine manufacturer with ties to his administration. The appearance could serve to reinforce perceptions of cronyism in the administration’s “green jobs” push. At the manufacturing facilities of TPI … More

    Interior Looks to Expand Permits for Killing Bald Eagles to Accommodate Wind Energy

    The U.S. Fish and Wildlife Service, a division of the Interior Department, is considering loosening regulations on the killing of bald eagles, the national bird of the United States, to accommodate the development of wind energy sources. A draft regulation first filed in April would allow businesses to apply for 30-year … More

    On Energy Policy, Navy Secretary Is Either Dishonest or Misinformed

    In response to a congressional inquiry regarding a Navy purchase of expensive biofuels, Secretary Ray Mabus made numerous claims that are either factually incorrect or misleading regarding federal energy policy and the nation’s oil reserves. Mabus was responding to concerns raised by Reps. Doug Lamborn (R-CO) and Mike Conaway (R-TX) … More

    In the Green Room: Senator Lamar Alexander on the Wind Energy 'Scam'

    Senator Lamar Alexander (R-TN) is the ranking Republican on the Appropriations subcommittee dealing with environmental issues. He is currently working to end subsidies for wind power, an energy source that he dubs “a scam.” “We don’t have the money” to continue the subsidies, Alexander told Heritage in our latest segment … More

    CBO Debunks Myth That Tax Code Favors Oil Over Renewables

    Environmental activists and liberal politicians are fond of bemoaning the supposedly disproportionate tax benefits that go to the fossil fuel industry compared to its renewable energy competitors. The president specifically has made “ending tax breaks for oil companies” a pillar of his paltry efforts to reduce the federal deficit. But … More

    VIDEO: The Perfect Storm of Regulations on American Energy

    Coal energy powers the small Colorado town of Craig — quite literally. The community relies on the energy produced at the Craig Station plant to keep the lights on and the economy moving. New regulations, however, threaten the community’s prosperity. Colorado imposed a renewable energy mandate that stipulates 30 percent … More

    Another Stimulus-Backed Energy Company Files for Bankruptcy

    After months of financial turmoil, an Energy Department-backed lithium ion battery company has filed for Chapter 11 bankruptcy protection. The company, Ener1, received a $118 million grant from DOE in 2010 as part of the president’s stimulus package. The money, which went to Ener1 subsidiary EnerDel, aimed to promote renewable … More

    Another Free-Money Report

    Because the concept of opportunity cost is fundamental to all of economics, it is covered in the first chapter of every principles-of-economics textbook. Opportunity cost tells us what we give up when make decisions on consumption and production. There are no free lunches. In spite of the universal agreement on … More

    In Pictures: Energy Department's Renewable Energy 'Investments'

    The Washington Post put together a handy infographic examining the distribution of $36 billion in Energy Department financing for renewable energy companies. Solar power generation companies were the largest beneficiaries of DOE’s “investments,” with twelve companies having received a third of the financing under the program.