Repealing the ban on oil exports is a win-win for the U.S. and its people; revising the solar investmenttax credit and the wind production tax credit are a lose-lose proposition that will cost the U.S. economy billions of dollars for an infinitesimal environmental gain. The American people should not be blackmailed by partisan politicians who want their wind and solar subsidies as the price of the positive benefits of lifting the crude oil export ban.
CFACT advisor Marita Noon notes that the Iranian nuclear deal -- which puts Israel at great risk -- is already matched by the fact that Israel relies heavily on Russia and Kurdistan for its crude oil -- and suggests that one major benefit of lifting the ban on U.S. oil exports would be to provide Israel (and western Europe) with alternative supplies of crude oil for their refineries.
Polar bear populations in the Arctic are at record numbers (at least since humans started recording them), so it should be no surprise that all of a sudden President Obama is NOT talking about them. Instead, on his recent Alaska trip, he called for more icebreaker ships at a time he is also trying to claim that Arctic ice is shrinking (when it is not) and glaciers are retreating (which they have been doing for well over a century).
Most of us feel that time goes by faster as we get older. It does. When you are 5 years old, one year represents 20% of your life. Yet, when you are 50, that same calendar year is only 2% of your life—making that single timeframe much smaller. Those of us involved in fighting the bad energy policies coming out of Washington have a similar feeling: The second term of the Obama Administration seems to be throwing much more at us and at such speed that we can barely keep up. Likewise, they are. We knew that President Obama was planning [...]
CFACT contributor Marita Noon points out that the recent drop in crude oil prices has not been felt at the gasoline pump, largely thanks to unplanned shutdowns at numerous aging refineries that -- thanks to counterproductive government regulations -- cannot be replaced or even significantly upgraded at any reasonable cost. Indeed, the last time anyone built a new oil refinery in the U.S. was 1977.
The agency that contaminated the Animas River is about to start regulating water that may be in your backyard
Unless a federal judge issues a preliminary injunction, the definition of the “Waters of the U.S.” will change on August 28—giving the Environmental Protection Agency (EPA) the authority to regulate the water in your backyard (even the water that might be in your backyard due to a heavy rain). Even, according to West Virginia Attorney General Patrick Morrisey: “any area where agencies believe water may flow once every 100 years.” Thirty-one states, in four districts, have filed motions with the federal courts to block the EPA and the U.S. Army Corps of Engineers (ACOE) from beginning to enforce the new “Waters [...]
The solar industry is jubilant over President Obama’s Clean Power Plan, released in its final form on Monday, August 3. The same day, however, some other news reminded the public of what happens when government policy mandates and incentivizes a favored energy source: Taxpayer dollars are gobbled up and investors lose out. “The fundamental objective of the Clean Power Plan,” according to Solar Industry Magazine, “is the phasing out of coal-fired power plants in favor of low- or zero-emission sources…” It does this through three “building blocks,” one of which is: “increase electricity generation from non-emitting renewable sources, such as solar [...]
Another day, another way in which the Obama Administration undermines U.S. energy security and prosperity -- this time through granting ridiculous concessions to Iran while hunkering down to depress the U.S. and Canadian oil markets. Such an energy policy could have only been designed in places like Tehran -- or by those whose desire to placate the iranians is so intense that common sense and the U.S.national interest have been thrown overboard.
For the first time in over 80 years, Mexico held an auction for developing oil prospects -- with offerings for 14 shallow-water blocks. The downsides included the drop in the world oil price, the escape of the notorious cartel leader El Chapo (adding to distrust over Mexico's political stability), and the U.S. deal with Iran that opens up its oil to world markets. The upside -- these were among the least likely to be profitable blocks that the Mexican government has available to offer.
Since Japan shut down all of its nuclear power plants after Fukushima, the nation has suffered from high fuel costs that make Japanese products less competitive in the world economy. Japan thus rejoins a number of nations who rely on uranium (and now thorium) as well as fossil fuels -- because it was the economically wise thing to do. Would that the U.S. would base at least some of its energy policy (sic) on economics.
CFACT advisor Marita Noon shows, using publicly available documentsjust jhow dependent the solar industry is on subsidies and other favorable government policies in which the many subsidize the few. Even though the price for photovoltaic elements has dropped dramatically, the industry could not survive without the Investment Tax Credit for renewable energy, state renewable portfolio standards; (which are fading fast), and the Obama Administration’s pro-solar policies.
The Renewable Fuel Standard requires a quantity of ethanol to be included in gasoline -- and more and more of this ethanol is supposed to be "cellulosic" -- except that nobody has come up with an affordable way to make cellulosic ethanol in large quantities. Thus the federal standards are bogus.
The Export Import Bank should not be reauthorized, says CFACT advisor Marita Noon. First, because the big businesses who profit the most -- including foreign companies -- do not need the help. second, because small businesses can be aided in much better ways.
Imagine! If one little regulatory disagreement with the EPA has led to a years-long effort to salvage maybe half of the electric power being generated at the San Juan Generating Station in Farmington, New Mexico, what will be the full impact of the EPA's much hated Clean Power Plan? The answer -- total chaos, a massive loss of generating power, and economic ruin for millions of Americans.
Coleman Alderson's new book, Mountain Whispers, Days without Sun, paints a gripping picture of how the Global Energy Enforcement Organization (GEEO) takes control of every aspect of our lives, leaving people struggling to survive a bleak existence. CFACT policy analyst Marita Noon recommends this book to those who worry about a total Green victory over those who seek freedom and prosperity.