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  • Issue Brief posted April 24, 2013 by Nicolas Loris Master Limited Partnerships and Renewable Energy Producers

    Lawmakers have introduced legislation that would allow renewable energy producers to form Master Limited Partnerships (MLPs). MLPs are taxed as limited partnerships but publicly traded on the stock market. In the energy sector, the ability to form MLPs is available for mineral extraction, natural gas, oil, pipelines, geothermal, and the transportation and storage of…

  • Commentary posted April 24, 2013 by Nicolas Loris Expanding Opportunities for Renewable Energy

    It’s always tough to get a new business off the ground. It has proved extraordinarily tough for renewable energy companies, despite all the subsidies. Congress could help. It could allow renewable energy companies to organize as Master Limited Partnerships (MLPs). Of course, that would require liberalizing current legal requirements and qualifications for MLPs. MLPs…

  • Issue Brief posted April 10, 2013 by Nicolas Loris, Katie Tubb EPA Administrator Nominee Gina McCarthy: In Her Own Words

    In announcing his nominee for the next Environmental Protection Agency (EPA) administrator, President Obama said Gina McCarthy “has focused on practical, cost-effective ways to keep our air clean and our economy growing. She’s earned a reputation as a straight shooter. She welcomes different points of views.”[1] The EPA needs to take an entirely different direction, and…

  • Issue Brief posted April 10, 2013 by Nicolas Loris, Diane Katz, Katie Tubb 10 Questions for EPA Nominee Gina McCarthy

    If confirmed as administrator of the Environmental Protection Agency (EPA), nominee Gina McCarthy will inherit an agency exceeding critical mass. This bureaucratic onslaught has decreased American freedom and the EPA’s ability to efficiently address real environmental challenges. Given that McCarthy has helped to build this epitome of regulatory excess, it is important…

  • Issue Brief posted April 8, 2013 by Nicolas Loris, Jack Spencer, Katie Tubb 10 Questions for DOE Nominee Ernest Moniz

    Dr. Ernest Moniz, if confirmed by the Senate as next Secretary of Energy, will be taking over a Department wrought with controversy from the past four years. During a time when energy development should be driving the economy forward, pernicious subsidy policies, missing leadership on nuclear waste disposal, and unnecessary limits on conventional fuel development on…

  • Issue Brief posted April 8, 2013 by Nicolas Loris, Jack Spencer, Katie Tubb Ernest Moniz: In His Own Words

    The President and his first-term Administration have encumbered American energy policy with subsidies, mandates, and micromanagement. Energy Secretary nominee Dr. Ernest Moniz seems to offer a seamless continuation of this approach by advocating a policy that dictates or manipulates the production, use, and path of energy in America from Washington. While energy policy is…

  • Issue Brief posted March 25, 2013 by Nicolas Loris Trust Fund or Slush Fund? Energy Security Trust Has Fatal Flaws

    In a recent speech at Argonne National Laboratory, President Obama reiterated his desire for an Energy Security Trust.[1] Under the President’s proposal, the trust would divert billions of dollars of revenues generated from oil and gas production on federal lands to subsidize alternative fuel technologies. The Administration’s plan has three fatal flaws. First, it…

  • Issue Brief posted March 14, 2013 by Nicolas Loris Energy Efficiency, Not Efficiency Mandates

    In order to compel American businesses and consumers to act in a manner that suits the federal government, various federal agencies have created mandates and energy-efficiency programs for vehicles, homes, manufacturing processes, appliances, and more since the 1970s. Proponents of those programs argue that they save consumers and businesses money, reduce energy use, and…

  • Backgrounder posted February 11, 2013 by Nicolas Loris U.S. Natural Gas Exports: Lift Restrictions and Empower the States

    Technological advancements in directional drilling and hydraulic fracturing have led to an abundance of natural gas production in the United States that is fundamentally changing the energy landscape. The result has been more jobs, economic growth, and consistently low domestic natural gas prices in what has been known to be a historically volatile market. In fact, the…

  • Commentary posted January 30, 2013 by Nicolas Loris No 'Following the Leader' on Climate Change

    In his second inaugural address, President Obama pledged that the United States “will respond to the threat of climate change” and will take the lead for other countries to follow suit. This commitment is a willful rejection of reality. Congress has been unwilling to address climate change unilaterally through legislation. Multilateral attempts become more futile each…

  • Issue Brief posted January 24, 2013 by Nicolas Loris, Brett D. Schaefer Climate Change: How the U.S. Should Lead

    During his 2013 inaugural address, President Obama told Americans that the United States “will respond to the threat of climate change” and will take the lead for other countries to follow suit. Even assuming the accuracy of climate change models, unilateral action by the U.S. is a costly symbolic gesture that would do nothing to successfully resolve climate challenges.…

  • Backgrounder posted January 22, 2013 by Nicolas Loris, Katie Tubb, Jack Spencer How to Keep Promises to Expand Energy Production and Create American Jobs

    One of President Barack Obama’s central promises during the presidential campaign was to produce more American jobs by expanding energy production. The problem is that the energy policy that he pursued during his first term is having the exact opposite effect. With one hand, President Obama used delaying tactics, restrictions, and regulations to limit some resources,…

  • Issue Brief posted January 15, 2013 by Nicolas Loris EFEPA Eliminates Corporate Welfare and Corporate Dependence

    The energy sector has been pronounced as a big winner of the “fiscal cliff” legislation signed into law by President Obama. Lumped into the fiscal cliff bill are extensions of energy handouts that were originally scheduled to retire, as well as retroactively rewarded tax breaks for renewable energy that expired at the end of 2011. The inclusion of these targeted tax…

  • 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…

  • Backgrounder posted December 17, 2012 by Nicolas Loris, Derrick Morgan Cap-and-Trade for Cars Means Higher Prices and Less Choice for Car Buyers

    Abstract: New fuel-efficiency standards issued by the U.S. Department of Transportation and the Environmental Protection Agency will increase the average cost of a new car by $3,000 by 2025. Furthermore, consumers are unlikely to realize the projected fuel savings used to justify these standards, and the new standards will further constrain consumer choice. The market is…