Around the world, China is investing in oil and gas resources to fuel its booming manufacturing industries and transportation sector to continue its sky-rocketing economic growth. China is not endowed with very much oil and gas resources of its own. Thus, it needs to partner with countries around the world to ensure availability of future [...]

Obama Administration Breaks (non) Leasing Records, Presents a Clear and Present Danger To U.S. Energy Security
“Oil and natural gas are, and will remain for many years to come, a cornerstone of our nation’s energy base.” -Interior Secretary Ken Salazar, March 19, 2009.
The Department of Interior recently issued a press release that stated, “Since January [...]

PDF Version (1.1 MB)
“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 [...]