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    Morning Bell: Wind Energy Subsidies Are As Useful As VHS Tape Subsidies

    The wind production tax credit is set to expire at the end of this year, which has the industry crying out for continued subsidies. Heritage’s Nicolas Loris has made the case that the wind energy tax credit makes as much sense as a VHS production tax credit. Can you imagine … More

    Taxpayer-Backed Green Energy Firms Struggle, But Hike Executive Pay

    When insurance giant AIG paid lucrative bonuses to top executives after receiving federal support, President Obama asked, “How do they justify this outrage to the taxpayers who are keeping the company afloat?” But three years later, numerous green energy companies backed financially by the administration are paying out large salaries … 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

    What If Oil Producers Actually Received Subsidies Like Wind Energy Producers?

    With the current debate over ending oil producers’ subsidies the question arises as to what subsidies do the producers actually get.  It is a surprisingly complicated question.  Wind producers also get subsidies that take complex forms—investment tax credits, production tax credits, mandates, property tax exemptions, etc.  But the major federal … More

    Reject All-of-the-Above Energy Approaches

    With Congress divided, will anything actually get done in the next two years? President Obama recently suggested energy policy as an area in which bipartisan support could exist. Rather than trying to pass  a large climate change bill, Obama stressed the importance of increasing technologies and energy sources to reduce … More

    Cape Wind Power: What’s Cost Got to Do with It?

    After nearly a decade, the Cape Wind offshore project has a lease approval from the Department of Interior, but it is not quite up and running. Once the 130 turbines that stand 440 feet high (taller than the Statue of Liberty) start moving, consumers will pay a hefty premium for … More

    Circumventing Cap and Trade with an Another Bad Energy Bill

    In the midst of a crisis in the Gulf, some Senators are making a final push to pass energy and climate legislation this year. Senators John Kerry (D–MA) and Joe Lieberman (I–CT) are introducing a scaled-back version of their original cap-and-trade bill but still want to maintain a carbon cap. … More

    Oval Office Speech Should not Endorse China’s Renewable Investments

    In the 1990s, Gatorade ran its “I wanna be like Mike” campaign – a series of advertisements of kids aspiring to be basketball legend Michael Jordan. In light of the oil spill, President Obama is ramping up his “I wanna be like” campaign when it comes to America’s energy policy. … More

    Renewable Energy: Free as the Wind?

    The Senate Committee on Energy and Natural Resources met this morning and, among other things, discussed a national renewable electricity standard (RES). The RES, which mandates that a certain percentage of our nation’s electricity production come from wind, solar, biomass and other renewable energies, already passed out of committee but … More

    Cape Wind and the Clean Energy Economy

    The government is announcing its approval of the nation’s first off-shore wind farm today after a contentious, nearly decade long debate including many interested parties. Millions have been spent on lobbying both to move the project forward and stop it in its tracks. This is nothing new to energy projects. … More