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  • Issue Brief posted April 11, 2013 by David W. Kreutzer, Ph.D., Kevin Dayaratna Boxer–Sanders Carbon Tax: Economic Impact

    Senators Barbara Boxer (D–CA) and Bernie Sanders (I–VT) recently proposed the Climate Security Act of 2013,[1] which includes a tax on the use of carbon. Heritage analysis of the bill shows that it would increase the cost of energy, reduce incomes, lead to fewer jobs, and have minimal impact (if any) on global warming. The economic impacts would include (after adjusting…

  • Commentary posted January 16, 2013 by David W. Kreutzer, Ph.D. Grimm's Carbon Tax

    Maybe the wolf should have skipped the granny disguise and just scarfed down Little Red Riding Hood in the woods. It couldn’t have worked out any worse for him. That appears to be the logic of carbon-tax cabal in Washington. The latest triad of bills — Lieberman-Warner, Waxman-Markey and Kerry-Boxer — all died once their “cap-and-trade” costumes were pulled off to reveal…

  • Issue Brief posted January 8, 2013 by David W. Kreutzer, Ph.D., Nicolas Loris Carbon Tax Would Raise Unemployment, Not Swap Revenue

    Interested in raising revenue and reducing global warming, some policymakers in Washington are floating the idea of a carbon tax. In order to sway conservatives to support a carbon tax, proponents are pushing for either revenue neutrality or replacing the Environmental Protection Agency's (EPA) greenhouse gas regulations. These proponents ignore three critical realities…

  • Commentary posted October 8, 2012 by David W. Kreutzer, Ph.D. The Benefits Are a Myth

    The problem with subsidizing wind and solar power is that subsidies don't make these unaffordable energy sources affordable, they just change who pays. Taxpayers foot a large part of the bill, instead of the producers and consumers of wind and solar power. And the costs that imposes on the economy aren't justified by any of the supposed benefits of these energy sources. …

  • Play Movie David Kreutzer on Natural Gas - CNBC Video Recorded on September 28, 2012 David Kreutzer on Natural Gas - CNBC

    Research Fellow David Kreutzer discusses the use of natural gas in the U.S. on CNBC.…

  • Testimony posted September 25, 2012 by David W. Kreutzer, Ph.D. Funding World Climate Initiatives

    Testimony Before The Committee on Energy and Commerce Subcommittee on Energy and Power United States House of Representatives September 11, 2012 My name is David Kreutzer. I am Research Fellow in Energy Economics and Climate Change at The Heritage Foundation. The views I express in this testimony are my own and should…

  • Backgrounder posted September 17, 2012 by David W. Kreutzer, Ph.D. Renewable Fuel Standard, Ethanol Use, and Corn Prices

    Abstract: The ethanol mandate in the federal Renewable Fuel Standard increases corn prices and food prices. This harms consumers and distorts the domestic and international commodity market. While waiving the mandate would be an improvement, eliminating it is the best choice. As corn prices hit record highs, the folly of the federal ethanol mandate becomes ever more…

  • Testimony posted July 25, 2012 by David W. Kreutzer, Ph.D. The American Energy Initiative: The Cost of Loan Guarantees

    Testimony before the Committee on Energy and CommerceSubcommittee on Energy and PowerUnited States House of Representatives July 12, 2012 My name is David Kreutzer. I am Research Fellow in Energy Economics and Climate Change at The Heritage Foundation. The views I express in this testimony are my own and should not be…

  • Testimony posted June 28, 2012 by David W. Kreutzer, Ph.D. The Federal Green Jobs Agenda: What the Job Counts Actually Tell Us

    Testimony Before The Committee on Energy and Commerce Subcommittee on Oversight and Investigations United States House of Representatives  June 19, 2012 My name is David Kreutzer. I am Research Fellow in Energy Economics and Climate Change at The Heritage Foundation. The views I express in this testimony…

  • Issue Brief posted April 26, 2012 by David W. Kreutzer, Ph.D. BLS Green Jobs Report: Less Than Meets the Eye

    A recent Bureau of Labor Statistics (BLS) report defines and counts the green jobs in the American economy.[1] Cheerleaders for the President’s program of green jobs mandates and spending point to the study as confirmation of green jobs’ economic importance. However, analysis of the BLS data provides more data to support green jobs satire than green jobs subsidies. …

  • Play Movie David Kreutzer on Energy Policy on Willis Report Video Recorded on April 19, 2012 David Kreutzer on Energy Policy on Willis Report

    David Kreutzer discusses Obama's energy policies on FBN's Willis Report.…

  • Backgrounder posted April 9, 2012 by Ariel Cohen, Ph.D., David W. Kreutzer, Ph.D., James Phillips, Michaela Dodge Thinking the Unthinkable: Modeling a Collapse of Saudi Oil Production

    Abstract: If an “Arab Spring” uprising completely disrupted Saudi oil production, the U.S. and the global economy would face a massive economic and strategic crisis. Russia and Iran as oil-producing states would likely exploit the crisis to increase their power around the world while undermining U.S. influence, especially in the Middle East. To guard against the economic…

  • Commentary posted March 30, 2012 by David W. Kreutzer, Ph.D. The Countless Shades of Green Jobs

    Green jobs - or, as our president calls them, the "jobs of the future" - have been notoriously tough to define and count. The federal Bureau of Labor Statistics recently did it, though, and now it's the result that's notorious. Facing an admittedly difficult project, the BLS created a definition that is so broad as to make it a meaningless measure of the green…

  • Commentary posted March 27, 2012 by David W. Kreutzer, Ph.D. Aren’t Energy Consumers Selfish Enough Already?

    While the folks in flyover country often view Washington as a power-crazed den of self-serving money grubbers, the view from Washington is quite different. Here, our leaders worry that the folks in the hinterlands aren’t nearly venal and self-serving enough. Not to worry. Lawmakers and bureaucrats have a ready solution to this perceived problem: simply adopt policies…

  • Play Movie David Kreutzer on Chevy Volt on WTIC Video Recorded on March 4, 2012 David Kreutzer on Chevy Volt on WTIC

    David Kreutzer comments on the Chevy Volt on WTIC.…