New analysis reveals cap-and-trade would provide windfall profits to politically connected firms, redistribute wealth

Who Benefits From Free Emission Allowances? (PDF 358 KB)
WASHINGTON – With Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) expected to reveal a draft of the Senate’s climate bill this week, free-market think tank Institute for Energy Research (IER) released a new [...]

FOR IMMEDIATE RELEASE:
September 29, 2009
Contact:
Patrick Creighton 202.621.2947
Laura Henderson 202.621.2951
Main Street Under Cap-and-Trade Attack
Study confirms Waxman-Markey cap-and-trade redistributes wealth from lower, middle-class income earners to wealthiest, most politically-connected
WASHINGTON—As Senators Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) are expected to release their version of a cap-and-trade global warming bill this week, the Institute for Energy Research (IER), [...]

Contact:
Patrick Creighton 202.621.2947
Chris Tucker 202.621.2951
Spanish Prof. to Congress: Avoid Spain’s Failed Experiment with “Green Jobs”
Academic draws attention to the rise, fall and outright collapse of Spanish green jobs bubble
WASHINGTON – Spanish professor Gabriel Calzada appeared before the US House Select Committee on Energy Independence and Global Warming this afternoon to discuss his country’s failed experiment [...]

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September 21, 2009
Contact:
Patrick Creighton 202.621.2947
Chris Tucker 202.346.8825
Let the Inquisition Begin
Spanish Prof. Returns to the States, Sets Out to Set the Record Straight on His Country’s Failed Experiment with Green Jobs
WASHINGTON – Four months removed from the release of his study on Spain’s experience with the mass government subsidization of so-called “green jobs,” Spanish [...]

FOR IMMEDIATE RELEASE
September 16, 2009
Contact:
Patrick Creighton, 202.870.0850
Laura Henderson, 202.621.2951
IER: Rahall Bill a Continuation of Failed Energy Policies From Washington
‘Energy’ hearing to focus on extending de facto offshore energy production ban,
New bill will increase foreign energy dependence
Washington, DC – Prior to part one of a two-day hearing on H.R. 3534, The Consolidated Land, Energy, [...]

FOR IMMEDIATE RELEASE
September 14, 2009
Contact:
Chris Tucker, 202.346.8825
Patrick Creighton, 202.621.2947
Something Rotten? Obama Says Danes Receive 20% of Their Power Via Wind; New Study Tells the Real Story
Danish experts visit Washington this week to explain to American audiences what’s really happening in Denmark
WASHINGTON – President Obama has frequently cited Denmark as an example to be followed in [...]

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Contact: Patrick Creighton, 202.870.0850

August 26, 2009

Laura Henderson, 202.380.5758

After world-leading efforts a century and a half ago, U.S. energy priorities must be refocused on increasing supply, stabilizing costs
Washington, DC – One hundred and fifty years ago, “Colonel” Edwin Drake struck oil in Titusville, Pennsylvania, helping to set the nation—and the world—on a path [...]

FOR IMMEDIATE RELEASE
August 26, 2009
Contact:
Patrick Creighton, 202.870.0850
Laura Henderson, 202.380.5758
IER: 150th Anniversary of Drake’s Well Should Renew America’s Leadership to Access, Deliver Energy
After world-leading efforts a century and a half ago, U.S. energy priorities must be refocused on increasing supply, stabilizing costs
Washington, DC – One hundred and fifty [...]

FOR IMMEDIATE RELEASE

CONTACT: Patrick Creighton, 202.870.0850

August 19, 2009

Laura Henderson, 202.380.5758

Insatiable: China Ups Oil Imports By 50% in 6 Months, Causes Significant Spike in Price of Oil
WASHINGTON – The price for a barrel of oil jumped more than four percent in trading this afternoon, driven in part by news from the Energy Department that a [...]

FOR IMMEDIATE RELEASE
August 10, 2009
Contact:
Patrick Creighton, 202.870.0850
Laura Henderson, 202.621.2951
ICYMI: Cold in the dark prospects
Federal energy policies spell shortages, rising prices
Washington Times
By: Thomas J. Pyle
August 10, 2009
“Energy prices certainly would surge under cap-and-trade. President Obama said so. His budget director said so. The nonpartisan Congressional Budget Office (CBO) said so. And most recently, the [...]