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    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

    Ethanol Mandate Leads to Violence, Social Unrest

    The conversion of corn to ethanol has contributed to a doubling in global food prices since 2005, according to a report by the New England Complex Systems Institute (NECSI). In a presentation at The Heritage Foundation, Dr. Yaneer Bar-Yam elaborated upon earlier research done by NECSI demonstrating a link between … More

    Obama Promises to Increase Taxes on Small Business, Then Give Them a Tax Credit

    In the midst of President Obama’s push to hike taxes on the most successful job-creating Americans, the President proposed a new “stimulus” of $25 billion to offer tax breaks to businesses for hiring new employees or paying workers higher salaries. Sound like déjà vu? That’s because Congress and the Obama … More

    DOE Sent Millions to Solar Firm That Lacked 'Economically Viable' Product

    Amonix, the solar panel manufacturer whose Las Vegas plant ceased operations in May, managed to secure millions in federal grants and potential tax breaks even though its product had quality problems and was never really economically viable, according to sources. The politically connected company had the backing of Senate Majority … More

    CBO Debunks Myth That Tax Code Favors Oil Over Renewables

    Environmental activists and liberal politicians are fond of bemoaning the supposedly disproportionate tax benefits that go to the fossil fuel industry compared to its renewable energy competitors. The president specifically has made “ending tax breaks for oil companies” a pillar of his paltry efforts to reduce the federal deficit. But … More

    Obama Blasts Private Jet Tax Breaks Included in His Own Stimulus

    The chief economic culprit of President Obama’s Wednesday press conference was undoubtedly “corporate jets.” He mentioned them on at least six occasions, each time offering their owners as an example of a group that should be paying more in taxes. “I think it’s only fair to ask an oil company … More