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“The joke among China hands goes like this: If the Americans and the Chinese start talking about a major project today, in two years the Chinese will be done and the Americans will still be talking and applying for permits.” – Michael Economides
China’s economy is growing at a rate of 9 percent [...]

The Institute for Policy Integrity (IPI) recently released a survey [.pdf] of 144 leading economists who have published peer-reviewed articles on climate change. In the media blitz accompanying the release of the study, IPI spokespeople sold its results as a “consensus” among expert economists comparable to that of the climate scientists. They gave the average [...]

Last week the Senate Environment and Public Works Committee voted 11-1 to pass the Kerry-Boxer cap-and-trade energy tax.   Some of the Committee’s members wanted to delay that vote until the Environmental Protection Agency (EPA) conducts a complete economic analysis of the bill’s expected costs to American consumers and the nation’s economy, but Committee Chairman Barbara [...]

The Obama Administration sold its $787 billion stimulus plan on the basis of improving the economy through investing in green energy and by doing so, increasing employment in the United States. But what is actually happening, particularly with wind and solar projects, is that the majority of the manufactured components are being built offshore in [...]

While China’s Gross Domestic Product is currently less than half of the United States, China’s economy is expected to exceed the U.S.’s in just 15 years. Unlike the United States, China’s is working to dramatically increase its access to energy, both domestically and abroad. While the Obama Administration pulls back oil and gas leases,[1] halts [...]

We do not understand why IER gets the American Wind Energy Association (AWEA) so spun up. Maybe it’s because of our opposition to government subsidies. Maybe it’s because we don’t believe that government mandates forcing people to buy energy from expensive, inefficient sources is good for the economy. Or perhaps it is because of our [...]

Only in Washington D.C. would a program that costs hundreds of billions of dollars and perhaps over one trillion dollars, be called “comparatively modest.” But that’s what Congressional Budget Office (CBO) director Douglas Elmendorf said about the costs of cap-and-trade in his recent testifimony [.pdf] before the Senate Committee on Energy and Natural Resources.
Elmendorf’s testimony [...]

Florida Power & Light (FPL) has built a 25 megawatt photovoltaic power plant in Southern Florida that will supply power to 3000 homes and businesses–a small fraction of the company’s over 4 million customers.[i] And, when the plant comes on-line Tuesday, October 26, 2009, President Obama will travel to Florida in Air Force One to [...]

Senators John Kerry and Barbara Boxer have yet again released a new version of their cap-and-trade energy tax bill. Since the last version was released, the bill has grown by another 102 pages and now tips the scales at 923 pages.
Unlike previous versions, this one spells out which groups are politically-favored enough to receive preferential [...]

The cap and trade bills circulating in Congress (such as H.R. 2454, the Waxman-Markey bill) not only “tax” the people of the nation for the right to reduce greenhouse gas emissions in this country, but they contain additional energy-related “tax” provisions.[i] One of these is a Renewable Portfolio Standard (RPS) that requires 20 percent of [...]