Tag: Cronyism

As the battle over the Senate’s objectionable tax extenders package continues, another fight over special interests and corporate welfare is building in Congress—namely, the reauthorization of the Export-Import (Ex-Im) Bank. After Ex-Im’s mandate expired on June 30, senators voted Sunday to revive the Bank. The U.S. government runs the bank as its “official export credit […]

WASHINGTON D.C. — AEA President Thomas Pyle released the following statement in response to today’s decision by the Internal Revenue Service to establish a loose definition for the wind Production Tax Credit’s qualifying language. According to the new IRS guidelines, wind projects can receive 10 years of taxpayer-funded subsidies by committing as little as 5 […]

Look out, folks.  This young woman is a force to be reckoned with. AEA (1/15/13) reports: “Director of Federal Affairs, Robin Millican, speaks at a press conference held by Rep. Mike Pompeo about the Energy Freedom and Economic Prosperity Act.”   We could have come up with a dramatic statement like “Blades of Death Ripping American […]

We have been preaching this gospel for some time.  So have the folks at House Energy and Commerce. Energy & Commerce (10/23/12) reports: “Unconventional oil and gas production could support up to 3.5 million jobs by 2035 according to a new study released today by IHS Global Insight. This new study, America’s New Energy Future: The Unconventional […]

  A recent Grist article was elated over the apparent lack of voter knowledge on the Solyndra issue, and celebrates poll results showing Americans support “clean energy” initiatives. But ironically, the writer who is complaining about dishonesty himself quotes a Solyndra critic out of context to utterly change the meaning of his statement. Furthermore, the […]

  WASHINGTON D.C. — IER President Thomas Pyle sent a letter today to four congressional chairmen calling for an “immediate, exhaustive and unyielding” investigation of the Defense Department’s decision to fuel naval exercises in the Pacific ocean using biofuels that cost $27 per gallon. The letter was sent to Chairman Buck McKeon of the House […]

  When he’s not busy picking “winners” like Solyndra, Energy Secretary Steven Chu has time to engage in original, peer-reviewed research. In a forthcoming paper, Chu and his co-authors argue that federal mandates for energy efficiency actually don’t increase prices for consumers, because the extra hoops force the producers to learn how to innovate. As […]