In today’s edition of the Heartland Daily Podcast, Managing Editor of Environment and Climate News H. Sterling Burnett talks with Randy Simmons. Simmons is a professor of economics at Utah State University. Simmons and Burnett discuss two studies he and his colleagues have done examining the economic impact Renewable Energy Mandates have had on the economies and people living in Kansas and North Carolina.
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A stimulus-backed Department of Energy loan program that has not been tapped for four years, and was deemed unwanted two years ago by the Government Accountability Office, is suddenly ready and willing to dole out more taxpayer millions again – to a corporation that doesn’t need it.
One scandal that could haunt Reid for his remaining time in the Senate (and possibly beyond) was reported on recently in the Washington Free Beacon and Courthouse News. It seems the Reid helped the green energy company, Ormat Technologies, a firm that owns and manages geothermal plants in California and Hawaii, secure nearly $136 million in economic stimulus funding from the 2009 American Recovery and Reinvestment Act.
The first renewable energy mandate was adopted in 1983, but most states did not impose these mandates until the 2000s. Though the details vary from state to state, in general, renewable energy mandates require utilities to provide a certain percentage of the electric power they supply from “renewable” sources, notably wind and solar, with the required percentages rising over time.
At the end of January, the Obama administration announced the next step in a long process that could result in the exploration and ultimate extraction of oil-and-gas resources of the U.S. mid-Atlantic—something the Outer Continental Shelf (OCS) Governors Coalition supports. On March 30, the 60-day comment period ends. If everything goes well, we could see new American resources on the market in twenty years.
In this edition of The Heartland Daily Podcast, Managing Editor of Enivronment and Climate News, H. Sterling Burnett speaks with Robert Michaels. Michaels is a professor of economics at California State University in Fullerton, and is an expert on energy markets, energy regulation and electric power deregulation.
Research Fellow Isaac Orr introduces the latest addition to The Heartland Institute’s team, Research Fellow Bette Grande. Bette is a former legislator from North Dakota who served in the ND legislature for nearly two decades. During that time she specialized in pension reform and energy issues.
Increasingly over the past decade both federal and state governments have given special subsidies to, provided tax advantages for and mandated the use of solar energy as a solution to environmental concerns and the need for greater domestic energy independence.
Cape Wind, touted as “America’s first offshore wind project,” became one of America’s most high-profile and most controversial wind-energy projects. Fourteen years in the making, estimated at $2.6 billion for 130 turbines, covering 25 square miles in Nantucket Sound off the coast of Massachusetts, the Cape Wind project has yet to install one turbine—let alone produce any electricity. Now, it may be “dead in the water.”
Climate Alarmists turn back the Clock
Three centuries ago, the world ran on green power. Wood was used for heating and cooking, charcoal for smelting and smithing, wind or water-power for pumps mills and ships, and whale oil or tallow for lamps. People and soldiers walked or rode horses, and millions of horses and oxen pulled ploughs, wagons, coaches and artillery.
Jon Haubert from the group Coloradans for Responsible Energy Development (CRED) discusses the role that CRED plays in helping the general public understand the process of hydraulic fracturing in a balanced manner that weighs the costs of developing oil and natural gas against the benefits derived from them.
For the past several weeks, falling oil prices and a likely veto of the Keystone XL pipeline by President Barack Obama have been commanding the headlines. But something more significant has been lost in the commotion. Last year, the United States produced more oil and natural gas than any other country, allowing us to achieve virtual energy independence which has been an expressed goal of public policy since the 1970s. What’s more, American consumers are reaping a fiscal windfall as lower energy prices reduce the costs driving their cars and heating and powering their homes. Most American industries are benefiting as well, especially energy-intensive manufacturing companies that use oil and gas both as fuels and feed stocks.
Touted as “America’s first offshore wind project,” Cape Wind became one of America’s most high-profile and most controversial wind-energy projects. Fourteen years in the making, estimated at $2.6 billion for 130 turbines, covering 25 square miles in Nantucket Sound off the coast of Massachusetts, the Cape Wind project has yet to install one turbine—let alone produce any electricity.
In the early 2000s, ethanol was touted as the solution to a variety of ills plaguing our nation. As is currently the case, those who worshipped at the altar of ethanol placed their faith in a false idol.
While on an Energy policy road-trip, Research Fellow Isaac Orr and Nathan Makla take some time to discuss environmental issues in today’s podcast. Orr and Makla talk about some of the stops they have made so far during the tour and tackle a few of the most frequently asked questions regarding global warming.
We all expect to pay a price for missing deadlines—fail to pay a ticket on time, and you may find a warrant out for your arrest. But the Environmental Protection Agency (EPA) can apparently miss deadlines with impunity.
Many states are scrambling to identify low-emission power sources to comply with federal Environmental Protection Agency (EPA) restrictions on carbon dioxide emissions, but Michigan is blessed with affordable, reliable, zero-emission hydro power to help meet the restrictions. Policymakers in the Great Lakes State would be wise to take advantage of these hydro power resources.
Perhaps when Germany’s Chancellor Angela Merkel was a child, she attended a party and was the only one who came without a present, or was wearing inappropriate attire—and the embarrassment she felt haunts her to this day.