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 …
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 …
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 …
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 …
There were no fewer than 12 events relating to energy costs on Capitol Hill yesterday: six news conferences and six hearings. Today another nine hearings and news events are scheduled. Daniel Yergin, Pulitzer Prize-winning author of “The Prize” and chairman of Cambridge Energy Research Associates, assured one Senate panel that …
