The Senate Committee on Energy and Natural Resources met this morning and, among other things, discussed a national renewable electricity standard (RES). The RES, which mandates that a certain percentage of our nation’s electricity production come from wind, solar, biomass and other renewable energies, already passed out of committee but is likely to be a part of any energy agenda this year. A new Heritage Foundation study analyzing the costs of an RES finds that a national mandate for pricier, less reliable electricity would be harmful to American families, American …
The government is announcing its approval of the nation’s first off-shore wind farm today after a contentious, nearly decade long debate including many interested parties. Millions have been spent on lobbying both to move the project forward and stop it in its tracks. This is nothing new to energy projects. Coal, oil, natural gas, nuclear and renewables each have supporters and naysayers. Overregulation and special-interest politicking are two problems that are unlikely to disappear any time soon, but given the small percentage of energy that renewables provide and the ambitious …
Earth Day is a great day for politicians to push their clean energy agenda and President Barack Obama made this clear when he reiterated in his Earth Day video message that we need to transition to a clean energy economy. Politicians say that we should use the earth’s renewable resources, most notably the wind and the sun, to power our country. Some Members of Congress are even pushing for a federal mandate that requires a predetermined percentage of our nation’s electricity come from certain energy sources. The champion of ideas, …
Members of Congress like to play games and they like to spend money. What better analogy to use to describe Congress’s proposed green energy policies than the Price is Right? As Congress seeks to implement policy that would create green jobs by mandating renewable energy projects, three cautionary European tales suggest the U.S. should take a second look at cap and trade and renewable energy mandates. We’ll take you through a Price Is Right showcase style tour of three failed renewable energy initiative. Our first stop takes us to Germany …
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 yet been defined, and uncertainty about program rules has deterred investors from backing companies that also may get government money. At the same time, companies are holding off from accepting private capital because of the possibility of getting it more …
Speaking at an Air Force base near Las Vegas, President Obama pointed to a field of solar panels and boldly declared, “The first is a solar energy technologies program that will help replicate the success of the Nellis project in cities and states across America.” Obama, visiting Nellis Air Force Base between fundraising events in Las Vegas and Los Angeles, toured the largest solar power plant of its kind in the Western Hemisphere, a collection of more than 72,000 panels built on 140 acres, including part of an old landfill. …
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 percent of the rise in food prices between April 2007 and April 2008. In turn, increases in food prices will boost federal spending for mandatory nutrition programs such as the Supplemental Nutrition Assistance Program (SNAP, formerly known as Food Stamps) …
Finally giving up some ground to reality, Speaker Nancy Pelosi unveiled her energy package and conceded more than early reports indicated she would. But despite headlines like “Democrats Reluctantly Embrace Offshore Drilling,” it is exceedingly important that conservatives keep their eye on the ball. Earlier this week, the House leadership promised Congress a vote on the Republican “all-of-the-above” plan. Americans deserve a full debate on energy so it is imperative that conservatives force Pelosi to honor that promise. Pelosi’s Package: Do not believe everything you read about Pelosi’s new willingness …
Last night, Heritage Research Fellow Jack Spencer and I drove down to Solomons Island, home of Calvert Cliffs’ 2 nuclear reactor stations – where Constellation Energy is proposing to build a third. It was the third of three hearings held by Maryland’s public service commission in which elected officials and the general public had their chance to voice support or concern about adding a 1600MW reactor – the equivalent of the power produced by the two existing reactors. Of the 25 people we heard speak, 21 favored building a third …
Unintended consequences of the federal government’s energy policy are nothing new. Think about ethanol. The United States is now committed to using 9 billion gallons of ethanol in 2008, which will rise to 36 billion by 2022. No one thought it would be responsible for pushing 30 million people into poverty. No one thought of the adverse effects ethanol policy would have on the environment. Now, Americans are quite literally feeling the unintended consequences of wind energy. While wind is often touted as a green, renewable source of energy, Dr. …
