Archive for June, 2008

Bush Misses Key Opportunity on Offshore Energy, IER Renews Call to Eliminate Executive Ban

June 18, 2008

Washington, DC – President Bush today called on Congress to repeal its 27 year-old ban offshore energy production, but stopped short of eliminating the executive moratorium on production originally established by his father in 1990. The Institute for Energy Research (IER) urged the president last week to exercise his authority to eliminate that ban [...]

IER Calls on Bush to Tear Up Executive Drilling Ban

June 12, 2008

“Mr. Bush, Tear Up That Offshore Drilling Ban”
IER Calls on Bush to Tear Up Moratorium on Offshore Drilling

Washington, DC – The Institute for Energy Research (IER) today called on President Bush to exercise his authority to repeal the Executive Order banning energy production on America’s outer continental shelf (OCS). IER [...]

Will it Cost $45 Trillion or $545 Trillion to Reduce CO2 Levels by Half

June 11, 2008

Last week, the International Energy Agency (IEA) released its Energy Technologies Report . In the report, IEA estimated that cutting carbon dioxide levels in half by 2050 would cost $45 trillion. While reports like this are always based on a number of assumptions, one very important assumption in this case is the amount of “spontaneous [...]

U.S. Senate Debates “Greatest Hits” Compilation of Failed Energy Policies

June 10, 2008

TAX: (noun) a burdensome charge, obligation, or duty demanded by a government (verb) to lay a burden on; make serious demands on; to take to task; censure; reprove.
Washington, DC – The Institute for Energy Research (IER) today called on the U.S. Senate to stop the political charade and address the real issues surrounding high energy [...]

U.S. Senate Punts Boxer-Lieberman-Warner Bill

June 6, 2008

U.S. Senate Punts Boxer-Lieberman-Warner Bill
No further debate on the ‘most important issue facing the country’
 
WASHINGTON, D.C. – Thomas Pyle, president of the Institute for Energy Research (IER), issued the following statement today in response to the U.S. Senate’s cloture vote on the Boxer-Lieberman-Warner climate change legislation.  Forty-eight Senators voted to halt debate on the bill.  [...]

IER Economist Murphy Takes on Nordhaus’ Case for a Carbon Tax

June 5, 2008

IER’s economist, Robert Murphy, takes on Nordhaus’ dubious case for a carbon tax with Rolling the Dice.  The Murphy study is currently under submission at a peer-reviewed economics journal.
 
 
 

Cap & Trade Is Not A Market Solution

June 4, 2008

By Robert P. Murphy, Economist

As the U.S. Senate debates climate change legislation this week, many have proclaimed the virtue of its “cap and trade” system as a “market solution” to reducing carbon emissions. Nothing could be further from the truth.
Unlike a direct tax, cap and trade is a European-style scheme that masks its negative consequences [...]

Cap & Trade Rhetoric: Up is Down, Taxes Create Jobs, Less Growth is Good Growth

June 2, 2008

By William Koetzle
 
In her weekly radio address on Saturday, U.S. Senator Barbara Boxer (D-CA) urged support for the carbon “cap and trade” bill (S. 2191, the Lieberman-Warner Climate Security Act), on which the Senate begins debate today.  She urges support, not only on the basis that it’s needed to save the Earth as we know [...]

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