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  • Backgrounder posted November 13, 2014 by Kevin D. Dayaratna, Ph.D., Nicolas Loris, David W. Kreutzer, Ph.D. The Obama Administration’s Climate Agenda: Underestimated Costs and Exaggerated Benefits

    W‌hen his climate cap-and-trade bill was defeated in the Democrat-controlled Senate, President Barack Obama noted there were other ways of “skinning the cat.”[1] Now we know that his chosen way is an onslaught of mandates, regulations, and possibly taxes directed primarily by the Department of Energy (DOE) and the Environmental Protection Agency (EPA). The indicator…

  • Backgrounder posted October 31, 2014 by Nicolas Loris Free Markets Supply Affordable Energy and a Clean Environment

    Energy production has been one bright spot in the economy over the past few years, driving job creation and creating opportunities for Americans across the country. Increased energy supplies have saved consumers money directly on their energy bills and indirectly through lower prices for goods and services. The energy boom has also revitalized parts of the country where…

  • Commentary posted September 25, 2014 by Nicolas Loris Lift the Ban

    It’s a simple policy change that would create jobs, boost energy production, lower gas prices, help our reliable trading partners and ease geopolitical tensions around the world. Larry Summers, formerly President Obama’s top economic aide, recently said, “The merits are as clear as the merits with respect to any significant public-policy issue that I have ever…

  • Backgrounder posted September 4, 2014 by Nicolas Loris What Contributes to Gas Prices and Solutions to Help

    Drivers recently received a bit of welcome news when the Energy Information Administration projected that gasoline prices would likely decline throughout the rest of 2014 to around $3.30 per gallon after reaching a high of $4 per gallon in March.[1] For several years, paying more than $3.50 for a gallon of gasoline had been the new normal, and for many drivers that price…

  • Commentary posted August 6, 2014 by Nicolas Loris Exporting Energy has Broad, Expansive Benefits

    There’s been something of an energy boom taking place in the U.S. over the past few years, and it’s given the American economy a real boost. Now we just need the federal government to get out of the way and open opportunities to freely trade energy, and those benefits will grow substantially. U.S. coal exports over the past six years are way up, in large part because of…

  • Backgrounder posted July 23, 2014 by Nicolas Loris Energy Exports Promote Prosperity and Bolster National Security

    W‌ith the wealth of U.S. natural resources and the recent growth in domestic energy production, the United States is in a position to export more energy. Free trade is imperative to a free society because it fosters economic growth and improves human well-being. Policymakers should treat energy like any other good or service that is traded freely around the world by…

  • Commentary posted July 8, 2014 by Brett D. Schaefer, Nicolas Loris Obama's Climate-Change Deceptions

    President Barack Obama again sought to make the case to the American people for “dealing with the rapidly growing threat of climate change” last Wednesday, in a speech to the League of Conservation Voters. Right up front he said that his speech would not have “a lot of spin, just the facts.” When a politician says that, you know to expect the opposite. Obama assured the…

  • Commentary posted June 5, 2014 by Nicolas Loris All Economic Pain, No Environmental Gain

    Interested in paying a massive new energy tax? Especially one that would bring no environmental benefit? Probably not, but that's what you can expect in the wake of draft regulations just released by the Environmental Protection Agency - ones that could cut carbon dioxide emissions from existing power plants by 30 percent. President Barack Obama warned us it was coming.…

  • Commentary posted June 3, 2014 by Nicolas Loris The President's Bad Climate Math

    Critics of President Obama’s climate change regulations are often labeled by proponents as science deniers. While climate realists is a more accurate description, President Obama is clearly using denier math when he says that the Environmental Protection Agency’s carbon rules for existing power plants will drive down electricity prices. The EPA’s New Source Performance…

  • Issue Brief posted June 3, 2014 by Nicolas Loris EPA Proposes Next Step of Regulatory Cap-and-Trade

    The Environmental Protection Agency (EPA) has released its draft regulation to limit greenhouse gas (GHG) emissions from existing power plants. Along with the EPA’s New Source Performance Standards for new electricity generating units, the Administration is pursuing the regulatory equivalent of cap-and-trade that would drive up energy costs for families and businesses…

  • Issue Brief posted May 28, 2014 by Nicolas Loris Ending Ex–Im Would Remove Wasteful Energy Subsidies

    The U.S. Export–Import Bank (Ex–Im) provides government-backed loans, loan guarantees, and capital and credit insurance to foreign firms to enable them to buy U.S. exports. Producers of energy technologies and equipment have been a significant beneficiary of the Ex–Im Bank, accounting for 30 percent of the loans and guarantees Ex–Im made last year.[1] While Ex–Im was…

  • Backgrounder posted May 22, 2014 by Brian Slattery, Bryan Riley, Nicolas Loris Sink the Jones Act: Restoring America’s Competitive Advantage in Maritime-Related Industries

    The Merchant Marine Act of 1920, more commonly referred to as the Jones Act, is a protectionist measure that regulates domestic U.S. shipping practices. The Jones Act mandates that any goods shipped by water between two points in the United States must be transported on a U.S.-built, U.S.-flagged, and at least 75 percent U.S.-crewed vessel. Originally conceived to sustain…

  • Backgrounder posted May 15, 2014 by Nicolas Loris Time to Lift the Ban on Crude Oil Exports

    In a time of economic downturn, the sharp rise in crude oil production has been an important and remarkable wealth generator for the United States. As a result of technological advances in extracting and producing “tight oil,” also known as shale oil, the United States is now producing 8 million barrels per day, pushing the United States above 10 percent of the world’s…

  • Commentary posted May 12, 2014 by Nicolas Loris Climate change: A cure worse than the disease

    Man-made greenhouse gas emissions already are causing gloom and doom and adversely affecting our way of life. That's the conclusion of the National Climate Assessment just released by the Obama administration. But before we trade our Buicks for bikes, it's important to highlight the climate realities and show that the administration's proposed policy solutions will drive…

  • Issue Brief posted May 7, 2014 by Nicolas Loris Federal Regulations and Federal Ownership Limit Oil Production Potential

    Production of crude oil in the United States is up to 8.36 million barrels per day—the highest since January 1988.[1] The increased supply of oil has widespread economic benefits, but a new Congressional Research Service report shows that when the numbers are broken down by ownership it becomes clear that the situation could be even better. Although oil production overall…