Representative Mike Pompeo (R–KS) hopes his new bill calling for the repeal of all energy tax credits on both conventional and renewable energy sources will level the playing field for energy producers and consumers and prevent the government from picking “winners and losers.” The Energy Freedom and Economic Prosperity Act …
The biggest wind energy purchaser in the country may sever ties with the industry’s largest trade group in the wake of a bitter fight to sustain subsidies for wind energy producers that, the company says, benefit producers at the expense of utilities and electricity consumers. Xcel Energy, which had the …
Michael Goggin, manager of transmission policy at the American Wind Energy Association (AWEA), posted a second response to my report “Wind Intermittency and the Production Tax Credit: A High Cost Subsidy for Low Value Power.” As before, Goggin does not respond to my analysis, leaving my main point unanswered. In …
The Heritage Foundation has been making the case against energy subsidies for years. This research eventually led to a letter written in March 2011 by our sister organization, Heritage Action for America, and signed by numerous other organizations calling for the dismantling of energy subsidies. Up until then, both Republicans …
The production tax credit (PTC) for wind energy is set to expire at the end of this year, but its supporters are arguing for an everlasting extension using twisted logic. For a while, the argument was that businesses need certainty. The law as it currently stands provides certainty—eligibility for the …
The expiration of the production tax credit (PTC) for wind and other renewable energy sources is the subject of intense debate. Some see the credit as a tool for creating jobs and battling global warming. Others see it as an expensive, market-distorting device that rewards inefficiency and punishes competitiveness. Support …
There he goes again. It seems that President Obama just can’t help himself. He keeps pushing Congress to pass policies it has rejected in the past or has foolishly passed to little beneficial effect. The latest recycling of policies comes from the President’s Post-It note to-do list for Congress. If …
