Lessons for Congress from the Land Down Under

Congress may soon consider legislation retroactively extending a raft of expired tax subsidies, known as “tax extenders.” One of those is the wind Production Tax Credit, a multi-billion dollar tax credit that subsidizes wind developers for the electricity they generate. This costly handout raises energy prices, destabilizes the electric grid, and benefits wealthy wind lobbyists […]

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In the Pipeline: 6/19/13

Say your prayers and do your penance, the end is coming. The Wall Street Journal (6/18/13) reports: “Consider the meaning in contemporary jargon of the famous carbon footprint that we all leave behind us. What is it, after all, if not the gaseous equivalent of Original Sin, of the stain that we inflict on our […]

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In the Pipeline: 6/4/13

Let’s talk about energy subsidies (on Friday). Join us with the National Review for lunch and a “High Noon Debate” to talk about the energy subsidy experiment.  Greenpeace has given you permission to not feel guilty about climate change. You see, oil companies are using your honorable sense of personal responsibility as a weapon against your consciousness. (Heads up: this […]

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In the Pipeline: 4/25/13

No need to panic! The Obama Administration plays the market long. We’ll recoup these “investments” during His Majesty’s fourth term. Yahoo (4/24/13) reports: “The Obama administration was warned as early as 2010 that electric car maker Fisker Automotive Inc. was not meeting milestones set up for a half-billion dollar government loan, nearly a year before U.S. officials […]

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In the Pipeline: 3/13/13

I suppose China, a nuclearized North Korea, and Islamic militants in the Philippines are largely trivial matters. I also assume this means that the Navy will start shelling powerplants, refineries, and automobile factories. Boston Globe (3/12/13) reports: “America’s top military officer in charge of monitoring hostile actions by North Korea, escalating tensions between China and Japan, and […]

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