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…
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…
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…
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.
…