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    Congress Should Permanently Waive the Ethanol Mandate

    Last week, the Environmental Protection Agency (EPA) rejected a proposal from a number of governors and federal legislators to partially waive the Renewable Fuels Standard, which mandates the production of 36 billion gallons of ethanol by 2022. This year, the Energy Policy Act of 2005 requires refiners to blend nearly … More

    Energy Independence the Free-Market Way

    It was clear in pre-election discussion that Americans want energy independence. The most successful means to this end has been the free market—and the release of the International Energy Agency’s (IEA) annual World Energy Outlook proves it. IEA projects that while global energy demand will climb, America will emerge as … More

    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

    Green Graveyard: 19 Taxpayer-Funded Failures

    While there’s speculation over which federally supported green energy company may be the next to declare bankruptcy, plenty have already gone belly up. In one of the most extensive compilations to date, Heritage has identified 19 bankrupt green energy companies—unable to make it even with the $2.6 billion in financial … More

    America Doesn't Need a Federal Department of Subsidies

    Politicians too often confuse “free money” with “free markets”—that is, they consider themselves pro-business when they work deals that make some businesses happy, even though it usually comes at the expense of the overall economy. So it should be no surprise that President Obama claimed in a Morning Joe interview … More

    Installing Windmills Doesn't Make the Wind Blow

    A tweet from the Department of Energy (DOE) gives a link to a DOE webpage highlighting a graph from, and giving a link to, a study by the American Wind Energy Association. Skipping the question of how appropriate it is for the DOE to flack for an advocacy organization, we … 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

    Electric Car Batteries Going Nowhere

    Another green-energy-related company built on government subsidies is having trouble keeping its head above water. This time, the scandal surrounds Compact Power, a subsidiary of LG Chem.* In 2010, the Obama Administration proudly gave Compact Power a $150 million grant to build a vehicle battery manufacturing facility in Michigan. These … More

    Why Big Bird’s Federal Subsides Need to Go

    The call to eliminate federal subsidies to the Public Broadcasting Service (PBS), such as Governor Mitt Romney’s recent statement, shouldn’t ruffle the famous fowl. After all, not only does PBS not need taxpayer support, but because it inevitably entangles Big Bird in politics, it does him more harm than good. … More

    Conservatives Outline Policy Agenda Following Presidential Debate

    DENVER — Members of The Heritage Foundation’s policy team joined experts from across the country at the Conservative Political Action Conference in Colorado. The event included a surprise visit from former Governor Mitt Romney and speeches by Senators Orrin Hatch (R-UT), Marco Rubio (R-FL) and John Thune (R-SD). Heritage experts … More