Energy subsidies

Wednesday, June 19, 2013

What’s to like about ethanol? It can ruin car engines, it’s bad for the environment, and it raises taxes, gas and food prices

Mark J. Perry | January 16, 2013, 5:41 pm

Except for a small minority of corn growers and ethanol producers, corn ethanol is a bad deal for everybody else: it damages automobile engines and fuel systems, it’s bad for the environment, it requires billions of dollars extracted from US … read more >

Carpe Diem

The truth about all those ‘subsidies’ for ‘Big Oil’

Mark J. Perry | January 3, 2013, 5:22 pm

Do a Google search for the term “subsidies for oil companies” and you’ll get more than 600,000 results. Try a search for “subsidies for Big Oil” and you’ll get almost 700,000 results. The term “tax breaks for Big Oil” has almost … read more >

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Image Credit: Gage Skidmore (Flickr) (CC BY-SA 2.0)

Economics, Energy and the Environment

Pre-debate reads on energy

Kenneth P. Green | October 3, 2012, 1:04 pm

Though tonight’s presidential debate is likely to be long on imagery and symbolism and short on substance, it never hurts to be prepared in case a candidate accidentally utters something concrete and meaningful. Here are two recent articles on the … read more >

Image Credit: Timothy Tolle (Flickr) (CC 2.0)

Economics, Energy and the Environment

Wind subsidies’ pernicious effect on conventional energy investment

Kenneth P. Green | September 19, 2012, 3:12 pm

In the Wall Street Journal, Republican Senator Lamar Alexander and Republican Congressman Mike Pompeo discuss a fascinating new study of wind power, and particularly, the unintended (and even perverse) consequences of wind power subsidies, which can create situations where wind … read more >

Economics, Energy and the Environment

So let’s talk about those oil and gas subsidies…

Kenneth P. Green | August 20, 2012, 3:31 pm

As debate rages regarding the extension of the wind-power production tax credit, the Wall Street Journal ran a great article last Friday examining the question of energy subsidies: Who’s really pulling in the sugar from Uncle Sam? According to the … read more >

Economics, Energy and the Environment

More hot air on green jobs in Iowa

Kenneth P. Green | August 15, 2012, 1:16 pm

As we know, government subsidies don’t create jobs: They simply move job-creating capital around, and ultimately produce fewer jobs on net. read more >

Economics, Energy and the Environment

What comes after the renewabubble?

Kenneth P. Green | April 18, 2012, 4:03 pm

A team of analysts from the Breakthrough Institute, the Brookings Institution, and the World Resources Institute have put out a meaty report on the pending collapse of the renewabubble as the inflating power of the Obama administration’s “stimulus” (ARRA) from … read more >

Economics, Energy and the Environment

Center for American Progress: Let’s scapegoat the oil companies!

Kenneth P. Green | March 26, 2012, 4:50 pm

The interwebs are buzzing with a memo from CAP’s John Podesta and Geoff Garin, urging “interested parties” to join them in a campaign to demonize oil companies and blame them for high gas prices: By engaging in a public debate … read more >

Economics, Energy and the Environment

Energy fact of the week: Not much renewable energy for the buck

Steven F. Hayward | March 20, 2012, 3:16 pm

Last week’s energy fact looked at a new CBO report which showed that non-hydro renewable energy now receives two-thirds of all federal government tax preferences, while fossil fuels only receive about 15 percent. But the situation is really much worse … read more >

Economics, Energy and the Environment

Energy fact of the week: Who gets the most subsidies?

Steven F. Hayward | March 14, 2012, 4:14 pm

On Tuesday, the U.S. Senate voted down reviving the production tax credit for wind power, but also voted down Senator Jim DeMint’s sweeping proposal to do away with all energy subsidies for everybody—fossil fuels, wind power, solar power, biomass–the whole … read more >