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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Europe’s “Green Energy” Dream has Become a Nightmare

The U.S. Energy Information Administration’s “Today in Energy” chart on November 18 illustrates a huge problem with Europe’s aggressive renewable energy subsidies and mandates — European electricity prices have risen at an astonishing rate, compared to American prices: EIA attributes much of the problem to Europe’s regulatory policies, noting, “In 2013, average residential electricity rates […]

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In the Pipeline: 6/18/13

Putting your money where your mouth is seems to be harder than putting someone else’s money where your mouth is. The Institute for Energy Research (6/17/13) reports: “The data in this report clearly highlights the gap between stated values of consumers and the reality of their actions in the marketplace…Our report makes it clear that a customer’s […]

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