FOR IMMEDIATE RELEASE: October 16, 2008 CONTACT: Thomas Pyle – 202.621.2952 CARB’s AB 32 Scoping Plan Will Cripple California’s Economy While not Helping the Environment Washington, DC – The California Air Resources Board (CARB) released its Scoping Plan for AB 32, the “California Global Warming Solutions Act of 2006,” calling for a reduction in greenhouse [...]

The major integrated oil companies are expected to soon start releasing their interim third quarter earnings reports. Analysts expect the reports to show large—perhaps record-breaking—profits. With a sputtering economy and an election right around the corner, we can be sure some lawmakers will excoriate “Big Oil” for kicking the consumer when he’s down. Indeed, some [...]

Rep. John Dingell and Rep. Rick Boucher have announced a new cap-and-trade bill they intend to take up next year. The bill amends the Clean Air Act to regulate greenhouse gases would force the U.S. to reduce greenhouse gas emissions 80% below 2005 levels by 2050. Click here for a copy of the bill. Click [...]

In the wake of Hurricane Ike, the Associated Press conducted an investigation of Ike’s environmental toll. The AP reported: The AP’s analysis found that, by far, the most common contaminant left in Ike’s wake was crude oil — the lifeblood and main industry of both Texas and Louisiana. In the week of reports analyzed, enough [...]

As Congress wrestled with the $700 billion bailout program, Google has come up with another massive spending program. Google wants the Federal government to spend $4.4 trillion to subsidize renewable energy. Eric Schmidt, Google’s CEO quipped, “Given the apparent willingness of the U.S. government to write big checks in a crisis, we can do this on [...]

On Friday, October 3, the California Air Resources Board is scheduled to formally release its Scoping Plan pursuant to AB 32, the “California Global Warming Solutions Act of 2006.” AB 32 calls for the state of California to reduce its greenhouse gas emissions to 1990 levels by 2020. One of the primary means to achieve [...]

One of the most common arguments against lifting the bans on offshore drilling has been the (alleged) claim that “it will take years for motorists to see any relief at the pump.” Economists have known that this view is not supported by economic theory. If government policies change and lead oil producers to expect greater [...]

FOR IMMEDIATE RELEASE October 2, 2008 CONTACT Brian Kennedy (202) 346-8826 IER Continues Energy Education Campaign with New National Ad Buy and “Economic Energy” Message Washington, DC – As part of its ongoing energy education campaign, the Institute for Energy Research (IER) today unveiled its first national television advertisement.  The new thirty second spot, Economic [...]