Green energy spending bad for economy, environment

Is taxpayer money spent on Green energy hurting both the economy and environment? Well that’s the assertion of economists from the group PERC, who in a recent study found that for every $100 billion a government spends on so-called “clean energy,” that nation’s GDP is likely to decrease by nearly a half a percent.

By |2014-01-30T14:30:06-05:00October 31st, 2013|Comments Off on Green energy spending bad for economy, environment

Fracking yields trillions in benefits!

According to the U.S. Department of Energy, fracking requires just 0.6 to 5.8 gallons of water per million Btu of energy produced. By comparison, “renewable” and “sustainable” corn-based ethanol requires 2,510 to 29,100 gallons per million Btu of usable energy – and biodiesel from soybeans consumes an astounding and unsustainable 14,000 to 75,000 gallons of water per million Btu!

By |2013-07-29T18:59:57-04:00July 29th, 2013|7 Comments

Carbon tax hallucinations

Average planetary temperatures haven’t budged in 16 years. Hurricanes and strong tornadoes are at or near their lowest ebb in decades. Global sea ice is back to normal, Arctic ice is nearly normal, and the Antarctic icepack continues to grow. The rate of sea level rise remains what it was in 1900.

By |2013-03-28T17:50:11-04:00February 21st, 2013|8 Comments

Fractured fairy tales

Horizontal drilling and hydraulic fracturing have boosted shale gas production from zero a few years ago to 10% of all US energy supplies in 2012, observes energy analyst Daniel Yergin. Fracking has also increased US oil production 25% since 2008 – almost all on state and private lands, and in the face of more federal land and resource withdrawals, permitting delays and declining public land production.

By |2012-11-02T15:46:39-04:00November 2nd, 2012|1 Comment

California’s bankrupt Green energy economy is Obama EPA’s model for the nation

This article by CFACT advisor Larry Bell originally appeared as an op-ed in Forbes on October 16, 2012. [divider] Beware of the warning that “where California goes, so goes the nation,” particularly when it comes from EPA Administrator Lisa Jackson. Speaking in October, 2009 at the Governor’s Global Climate Summit in Los Angeles, she touted the fact that climate change regulations involving national fuel economy and greenhouse gas standards have their “roots” in California, and that the rest of the United States is finally “catching up with what’s happening [there].” Please, say it ain’t so! While gasoline prices have doubled since [...]

By |2012-10-18T11:32:42-04:00October 16th, 2012|Comments Off on California’s bankrupt Green energy economy is Obama EPA’s model for the nation
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