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    Green Graveyard: An In-Depth Look at Government’s Bad Bets on 19 Now-Bankrupt Companies

    As a follow up to the Green Graveyard overview, this post provides additional information concerning the funding for each of the now-bankrupt green energy companies. In one of the most extensive compilations to date, Heritage has identified 19 bankrupt green energy companies that were unable to succeed even with the … More

    $14 Billion in Stimulus Spending Generates Just 1.2 Percent of Electricity

    Despite more than $14 billion in cash payments to solar, wind, and other renewable energy project developers since 2009, just 48 terawatt hours of additional annual electricity generation were expected to be added through funds authorized by the stimulus, according to documents released by the Department of Treasury. The more … More

    Is a Tax Cut Always a Good Thing?

    According to Friday’s Washington Post, the Administration is considering a new, short-term tax cut. Should conservatives cheer? As a matter of principle, there are at least two reasons to dislike taxes and to applaud tax cuts. First, taxes take money away from those who made the money in the first … More

    Morning Bell: Obama’s “New Economic Patriotism”

    President Obama has a new booklet—a glossy, 20-page spread called “The New Economic Patriotism: A Plan for Jobs and Middle-Class Security.” The title is completely Orwellian, since the plan—which is nothing new—would actually kill jobs, harming the middle class. As expected, the “new patriotism” means paying more in taxes for … More

    President Obama’s Taxpayer-Backed Green Energy Failures

    It is no secret that President Obama’s and green energy supporters’ (from both parties) foray into venture capitalism has not gone well. But the extent of its failure has been largely ignored by the press. Sure, single instances garner attention as they happen, but they ignore past failures in order … More

    House Committee Launches Document Probe Into DOE, Abound Solar

    Bankrupt solar module manufacturer Abound Solar, recipient of a Department of Energy loan guarantee of $400 million, and the subject of an official investigation in its home state of Colorado, now faces additional scrutiny in the form of a document probe from the House Energy and Commerce Committee. The letter … More

    VIDEO: Pre-Presidential Debate Highlights Policy Differences

    DENVER — Conservatives and progressives duked it out over policy Wednesday morning ahead of the first presidential debate of 2012 at the University of Denver. The Heritage Foundation and The Independence Institute hosted a wide-ranging pre-presidential policy debate in Denver, featuring policy experts and commentators from both sides of the … More

    10 Ways the Obama Administration Is Hurting America’s Energy Economy

    One of the few bright spots over the past few years in America’s economy has been energy production, but this has occurred largely in spite of this Administration’s energy policies, not because of them. And the simple fact remains that our energy economy could be even brighter, but egregiously burdensome … More

    Morning Bell: “60 Minutes” Contrast Between Romney, Obama on Entitlements

    The official, head-to-head debates begin next week, but Sunday’s “60 Minutes” appearances by President Barack Obama and Governor Mitt Romney (R-MA) provided a contrast in the ideas offered on the nation’s entitlements and spending crisis. For his part, the President punted on a serious question about the nation’s concern over … More

    Watchdog Recommends Revocation of $9 Million EPA Stimulus Award

    The chief watchdog for the Environmental Protection Agency has recommended that the agency recoup $9 million in grant funds given to an Oregon non-profit – the entirety of the award – citing uncompetitive procurement costs, shoddy financial management, and inadequate reporting of information to the federal government. EPA awarded the … More