Stimulus Plan Archive

Stimulus Funds for Green Energy Projects Going Offshore along with Other U.S. Manufacturing

November 6, 2009

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 [...]

The Day the Earth Stood Still: EPA Says CO2 a Threat to Human Health, Paves Way For Backdoor Tax on All Sectors of U.S. Economy

April 17, 2009

FOR IMMEDIATE RELEASE
April 17, 2009
CONTACT:
Laura Henderson 202.621.2951
Chris Tucker 202.346.8825
The Day the Earth Stood Still: EPA Says CO2 a Threat to Human Health, Paves Way For Backdoor Tax on All Sectors of U.S. Economy
Washington, D.C.—Institute for Energy Research (IER) president Thomas J. Pyle today issued the following statement in response to the announcement by the Environmental [...]

Running of the Bull: U.S. “Green Jobs” Rhetoric Runs Smack Dab Into Hard Lessons From Spain

March 31, 2009

FOR IMMEDIATE RELEASE
March 31, 2009
CONTACT:
Laura Henderson 202.621.2951
Chris Tucker 202.346.8825
Running of the Bull: U.S. “Green Jobs” Rhetoric Runs Smack Dab Into Hard Lessons From Spain
New Report Finds “Green Jobs” Spending Cost Spain Hundreds of Thousands of Real Jobs, Decades in Lost Opportunity
WASHINGTON, DC – As evidence continues to mount of the potential for a “green jobs”-focused [...]

The Size of President Obama’s Massive Energy Tax Grows

March 19, 2009

When President Obama released his budget plan three weeks ago, it included a whopping $1.6 trillion in new taxes. The plan contained $989 billion in various tax increases and a $646 billion cap and trade tax. As we previously noted, if enacted, this would be the largest tax increase in American history.
But it turns out [...]

IER: There May Be No Free Lunch, But There is a Free Stimulus

March 11, 2009

FOR IMMEDIATE RELEASE
March 11, 2009
CONTACT:
Laura Henderson (202) 621-2951
IER: There May Be No Free Lunch, But There is a Free Stimulus
Domestic energy development would create jobs and government revenue at no cost to the taxpayer
WASHINGTON, D.C. – Institute for Energy Research (IER) president Thomas J. Pyle today issued the following statement after lawmakers introduced a [...]

Administration Attempts to Sneak Biggest Tax Increase in History into Budget

February 26, 2009

FOR IMMEDIATE RELEASE

CONTACT:

February 26, 2009

Laura Henderson (202) 621-2951

Administration Attempts to Sneak Biggest Tax Increase
in History into Budget
Washington, D.C – The Institute for Energy Research (IER) today responded to the fact that President Obama’s budget includes the biggest tax increase in American history. The Administration’s budget uses projected revenues from an economy-wide cap-and-trade policy—a policy [...]

President Obama’s Budget includes $1.6 trillion in New taxes—the Largest Tax Increase in History

February 26, 2009

At a time when many Americans are struggling financially, President Obama is proposing the largest tax increase in history. Not only does the budget include $989 billion in new taxes, but it also includes another $646 billion in new tax revenue from his cap-and-trade plan. The new taxes on energy in the budget and the [...]

Access to Affordable Energy Essential to Any Successful Economic Recovery Plan

February 18, 2009

FOR IMMEDIATE RELEASE
February 18, 2009
CONTACT:
Laura Henderson (202) 621-2951
IER: Access to Affordable Energy Essential to Any Successful Economic Recovery Plan
IER reminds President, Congress that American energy development is the “ultimate shovel-ready project”

WASHINGTON, D.C. – Institute for Energy Research (IER) president Thomas J. Pyle issued the following statement this afternoon in advance of President Obama’s primetime address [...]

IER to Stimulus: We’re Watching You

February 13, 2009

FOR IMMEDIATE RELEASE
February 13, 2009
CONTACT:
Laura Henderson (202) 621-2951
IER to Stimulus: We’re Watching You
IER Unveils New Website to Monitor Taxpayer Return on Massive Government Spending Bill

Washington, D.C. – Institute for Energy Research (IER) President Thomas J. Pyle today issued the following statement on the American Recovery and Reinvestment Act of 2009, President Obama’s massive $789 billion [...]

Electric Revenue Decoupling Explained

February 13, 2009

Robert J. Michaels*
It is no secret that the stimulus bill contains both wasteful spending and economically destructive policies. However, one of the bill’s most alarming provisions is little known and difficult to understand: electricity revenue decoupling. Decoupling, another in a long line of anti-consumer energy policies, will force utility companies to raise electricity rates in [...]

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