Such is the paradox of government interference in the energy sector: People turn to government to spur innovation, but government is a monopoly, shielded from the market forces that create innovation through competition and consumer choice.
Author: Taylor Smith
More than seven billion people now populate Earth, including six billion who live in developing economies. After having already quadrupled in the past century, the world’s population could reach near 9 billion by 2050, according to projections by the United Nations. Half of that growth will come from Africa, which will increase its percentage of world population from 13 to 20 percent.
In a May 23, 1977 column for Newsweek, titled “A Department of Energy?” the late Nobel laureate economist Milton Friedman wrote: “Do not be misled into supposing that the energy problem is a purely technical problem that engineers can solve.”
The United Nations estimates it would cost $30 billion a year to end world hunger. That sounds like a lot, but the world spent more than ten times that amount in 2012 on global warming mitigation, according to a recent Climate Policy Initiative (CPI) study. And the U.N. says the world needs to spend even more on global warming mitigation—much more, in fact.
The Heartland Institute has recently signed a coalition letter led by the Frontiers of Freedom urging Congress to repeal the Renewable Fuel Standard when they consider reforming the law this Fall. The U.S. Environmental[...]
The Heartland Institute has recently signed a coalition letter led by the American Energy Alliance to “strongly urge a floor vote on the concurrent resolution, H. Con. Res. 24, expressing the sense[...]
The Illinois Legislature overwhelmingly passed a bill placing strict regulations on hydraulic fracturing last week, and now heads to Gov. Quinn’s desk where he has promised to sign it. SB[...]
According to IWF, the Safer Chemicals, Healthy Families organization is “capitalizing on the natural anxieties of parents” to pressure the nation’s top 10 retailers into removing certain products that contain so-called “hazardous” chemicals.
The North Carolina House Commerce and Job Development Subcommittee on Energy and Emerging Markets narrowly passed a bill Wednesday that would slowly reduce and ultimately end the state’s renewable portfolio[...]
American Energy Alliance President Thomas Pyle spoke today at a press conference in Washington, D.C. declaring his opposition to a national carbon tax. Pyle was backed by a coalition of[...]