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    Spanish & Solar: A Model to Follow or a Cautionary Tale?

    Spain has spent nearly $30 billion on its green energy economy; each one of these green jobs cost the Spanish government on average $855,000, but the return on investment hasn’t been great. The country’s unemployment rate is not decreasing but rapidly increasing and is now at 19.3%, which is one … More

    Wind Power: An Expensive and Inefficient Way to Reduce CO2

    In a speech in May, President Obama pushed for our nation to transition to renewable energy and pointed to Denmark as an example of proof it can be done: [U]nfortunately. America produces less than 3 percent of our electricity through renewable sources of energy like wind and solar — less … More

    Subsidized Green Jobs Destroy Jobs Elsewhere

    Government expenditures are not free. Economists know this and most others recognize it when they take the time to think about it. Unfortunately, it seems not everybody takes that time. In a story fit for satire in The Onion, a renewable energy research group, bankrolled by a $1.1 billion subsidy … More

    Today’s Calamity: Don’t Forget About Renewable Energy Mandates

    It’s easy to forget that the Waxman-Markey cap-and-trade bill is not just about cap and trade. There are a number of other problematic provisions buried in the 1,427 pages of legislation. Cap and trade should receive the most attention because it’s the most economically devastating part of the bill, but … More

    Renewable Energy Goals Could Force Blackouts in Britain

    From the UK’s Telegraph: “Demand for power from homes and businesses will exceed supply from the national grid within eight years, according to official figures. The shortage of supplies will hit the equivalent of many as 16 million families for at least one hour during the year, it is forecast. … More

    Generous Assumptions on Cap and Trade Do Not Mask the Costs

    The Heritage Foundation recently released its economic analysis of the Waxman-Markey cap and trade bill, and unsurprisingly, found devastating results. The goal of cap and trade is to force energy prices to rise so high that people use less of it. And boy do they. Even under the most generous … More

    Outside the Beltway: Austin Electricity Consumers Paying More for Renewable Energy

    Our latest post takes us to Austin, Texas. Consumers are suffering from higher electricity prices, stemming from a renewable energy push that allows consumers to opt into plans to buy their electricity from renewable energy. The problem is, people aren’t buying it anymore, because it’s too expensive. The obvious solution? Spread … More

    Stimulus Killing Renewable Energy Industry

    Today’s Wall Street Journal reports that investment in renewable energies, and the green jobs that go with it, is being stifled by the stimulus. How? No one knows where, when, or if the stimulus money from Washington will arrive, sowing uncertainty among investors and businesses alike: New incentive programs haven’t … More

    In the Green Room: NRC Chairman Jaczko

    Yesterday, Dr. Gregory Jaczko, Chairman of the U.S. Nuclear Regulatory Commission (NRC), delivered at The Heritage Foundation his first major address since being appointed six weeks ago. Read more on his visit and what needs to be done about clean, renewable energy here.

    Consumers to Pay More for Saving Energy

    Congratulations, Missourians. For saving electricity, you could have an additional fee show up on your energy bill: Some Missouri residents and businesses soon could see a new charge on their electric bills — a fee for using less energy. Though it might seem illogical, the new energy efficiency charge has … More