• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Solyndra

    How President Obama Is Killing Jobs

    Five years on and President Obama still refuses to assume responsibility for his woeful economic record. The buck stops with Republicans, other countries, changes in the weather, etc.—anywhere but the Oval Office. Of course, it’s not new having a chief executive who refuses to admit failure. What is rare is … More

    Keystone XL Jobs vs. Subsidized Green Jobs

    President Obama criticized the job estimate numbers from the construction of the Keystone XL pipeline in an interview with The New York Times over the weekend, but if the president wants to complain about job creation, he should really take a look as his failed green jobs programs. While there … More

    Congressional Budget Office Looks at a Carbon Tax

    The Congressional Budget Office (CBO) recently released its report on the impact of a carbon tax. (Disclaimer: I provided comments to the CBO on a draft of the report, earlier this year.) The economic parts were pretty sensible and conclude that (be sure you are sitting down)—there are no free … More

    Green Energy Companies Fisker and SoloPower Struggle Despite Government-Backed Loans

    One foot on a banana peel, the other in the grave. That’s where Fisker Automotive and SoloPower find themselves, struggling for survival despite generous government handouts in the form of loan guarantees and tax breaks. Should either company take a turn for the worse, a tombstone in Heritage’s “Green Graveyard” … More

    Electric Cars and Crony Federalism

    Competition is good—but only when it encourages a “race to the top.” That’s true in business and among the states as well. Competition can encourage policy innovation. For example, Pennsylvania carefully (but reasonably) regulates hydraulic fracturing, and it is reaping the benefits as companies create jobs by safely extracting oil … More

    The High Cost of Offshore Wind: Is Cape Wind the Next Solyndra?

    Opponents have called it “another Solyndra waiting to happen.” An estimated $2.6 billion offshore wind project near Massachusetts could be awarded a $350 million Department of Energy (DOE) loan guarantee and a 30 percent federal tax credit, according to recent reports. The much beleaguered 468 megawatt, 130 turbine Cape Wind … More

    DOE Sitting on Taxpayer Dollars Due to Negative Publicity

    Despite billions of dollars in unused loan authority remaining under the Department of Energy’s (DOE) Loan Programs Office, negative publicity surrounding the loan guarantee programs (which offer taxpayer dollars to government-approved companies) has tampered with applications, according to a new Government Accountability Office (GAO) report. More than $51 billion in … More

    Department of Energy: No Room for Sequestration Cuts?

    President Obama is touring the country and campaigning against the spending cuts under sequestration, such as cuts to energy research. The Department of Energy (DOE) itself has claimed that it may have to “curtail vital programs” and furlough employees in light of sequestration. The Heritage Foundation has already identified wasteful … More

    Bankrupt Abound Solar to Bury Unused Solar Panels in Cement

    Colorado-based Abound Solar has been ordered to remove and bury in cement thousands of leftover solar panels “deemed unsellable” by the Colorado Department of Public Health and Environment (CDPHE). The company must also clean up other hazardous waste at a number of facilities statewide, according to the Northern Colorado Business … More

    Taxpayers Sink Deeper in Solyndra Saga: Part Two

    As Part One of this series explained, bankrupt or not, Solyndra continues to dig deeper into taxpayers’ wallets. This entry examines two contracts the government awarded to the law firm Morrison & Foerster to assist in the cleanup of the failed Solyndra experiment. These examples reveal an alarming trend, one … More