Politics, not science drove offshore drilling ban, 40K jobs sacrificed Washington, DC – In the days following the Gulf oil spill, President Obama requested that the Secretary of the Interior conduct a 30-day review of the offshore drilling program in the United States and issue a report with recommendations. This report was to be “peer [...]

Canceling, delaying, banning domestic offshore exploration will increase tanker traffic, foreign imports IER President: “Canceling lease sales is purely a public relations move designed to show that the White House is doing ‘something’ to address the tragic accident in the Gulf. But the truth is, if these lease sales move forward, exploration in those areas would [...]

Washington, DC – This afternoon President Obama will visit Solyndra Inc., a solar panel manufacturing facility in Freemont, California that received a $535 million taxpayer-backed loan guarantee from the stimulus package. This facility employs 1000 workers and has the ability to build 230 megawatts of solar panel capacity per year. Following are a few facts [...]

Senate Committee seeks to make renewable energy handout “permanent” Washington, D.C. – Acknowledging that some sources of energy just can’t cut it on their own, the Senate Finance Subcommittee on Energy, Natural Resources, and Infrastructure held a hearing today to consider making the manufacturing tax credit for renewable energy technologies permanent. This program was created [...]

**UPDATE: American Power Act legislative text now available.** Washington, DC – After months of behind-the-scenes horse-trading and corporate deal-making, Senators John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joe Lieberman (I-Conn.) finally unveiled their global warming measure, The American Power Act. However, they have yet to release the actual legislative text, which will include the all [...]

Washington, DC – As Senators John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joe Lieberman (I-Conn.) prepare to unveil their much-awaited global warming legislation, many Americans find themselves wondering who will benefit from the proposal. Well, after a quick search of newspapers from the past few years, it’s obvious who wins and who loses: Wall Street [...]

Washington, DC – With Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joe Lieberman (I-Conn.) set to introduce their much awaited global warming legislation later this week, the Institute for Energy Research compiled and defined a list of terms expected to be included. It is important to remember that the principal behind the KGL approach [...]

Washington, DC – Leading up to today’s (April 28, 2010) House Energy and Environment subcommittee hearing entitled “Clean Energy Polices That Reduce Our Dependence on Oil,” the panel’s staff issued a memorandum outlining the subject matter to be covered at the hearing. The non-partisan Institute for Energy Research (IER) issued the following “fact check” on [...]

Inefficient, Unreliable, and Expensive, but Energy Nonetheless WASHINGTON, DC—Institute for Energy Research (IER) president Thomas J. Pyle today released the following statement in response to Secretary of the Interior Salazar’s approval of the Cape Wind project. “It is promising to see that Secretary Salazar has, for this first time in his tenure as Interior Secretary, [...]

“Pricing Carbon” is a National Energy Tax that Will Cripple Economic Recovery Washington, DC – Tax Day is an annual reminder to the many Americans that pay income taxes of just how much of our hard-earned money goes into the government’s pocket. But as we mark this annual “holiday,” the Institute for Energy Research would [...]