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What’s holding electric cars back is that they are inferior, expensive products. How many superior, affordable products need government support? National Journal (10/25/12) reports: “Consider auto sales. Instead of looking at the sales of electric and plug-in hybrid electric vehicles as a percentage of the total auto sales, the focus should be on the incredible growth in […]
We have been preaching this gospel for some time. So have the folks at House Energy and Commerce. Energy & Commerce (10/23/12) reports: “Unconventional oil and gas production could support up to 3.5 million jobs by 2035 according to a new study released today by IHS Global Insight. This new study, America’s New Energy Future: The Unconventional […]
For years we at the Institute for Energy Research have highlighted the problems with the Obama administration’s corporate average fuel economy (CAFE) mandate. We have written comments to the administration (here and here) and explained how raising the fuel economy standard will reduce safety, price drivers out of the market, and reduce automobile choice and […]
WASHINGTON D.C. — IER President Thomas Pyle issued the following statement upon today’s release of the House Oversight Committee report, entitled “A Dismissal of Safety, Choice, and Cost: The Obama Administration’s New Auto Regulations.” The investigation — led by Oversight Chairman Darrell Issa (R-Calif.) — reveals how White House officials misled the American public and […]
Despite the recent hearing on massive fraud connected with the Renewables Fuel Standard, the Senate Finance committee has approved the friendly-sounding “Family and Business Tax Cut Certainty Act of 2012.” Among other provisions, the Act would extend the $1/gallon tax credit for biodiesel producers through 2013, a measure estimated to cost $2.1 billion (in forfeited […]
While the campaign was launched as prices at the pump were creeping upward to the highest levels in years, AEA spokesman Benjamin Cole said the group’s theme of energy affordability continues to resonate with voters, even as oil prices have stabilized in the subsequent months. “The fact is, gas is twice what it was in […]