Issue Brief posted April 8, 2013
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…
WebMemo posted June 8, 2011
Congress’s Recent Attempts to Promote Small Modular Nuclear Reactors Fall Short
The House and Senate are considering bills that are meant to help development of small and modular nuclear reactors (SMRs). These new reactors could provide all of the attractive qualities of large reactors—such as being safe, emissions-free sources of electricity—but at lower upfront costs with greater flexibility. Unfortunately, the two bills—the Nuclear Energy Research…
Backgrounder posted April 7, 2011
By Any Other Name, Energy Cuts Still Stink
Eighty-five percent of the energy that fuels the American economy is from coal, petroleum, and natural gas. An unavoidable by-product of burning these fuels is carbon dioxide (CO2). Analyses of the Waxman–Markey cap-and-trade bill make clear that CO2-reduction targets will not be met through increases in renewable energy production. So, cutting CO2 means…
WebMemo posted July 20, 2010
Cap-and-Trade Bill Would Make Housing Less Affordable
In addition to the devastating economic effects of cap and trade, the Clean Energy Jobs and American Power Act (S. 1733)—introduced by Senators John Kerry (D–MA) and Joseph Lieberman (I–CT)—would likely lead to the same conditions that caused the housing bubble of a few years ago.
It would do this by providing financial incentives to the federally funded metropolitan…
WebMemo posted June 18, 2010
Lugar’s Energy and Climate Plan: More Big Government, Less Consumer Choice
On June 9, Senator Dick Lugar (R–IN) introduced his Practical Energy and Climate Plan. As Lugar promised, the bill does not contain a cap-and-trade or carbon pricing provision; however, it does include a host of mandates and regulations that would hurt the consumer in the name of reducing dependence on foreign oil and reducing greenhouse gas emissions.
WebMemo posted May 26, 2010
Kerry–Lieberman Tax Subsidies: The Wrong Approach for Nuclear Power
When it comes to tax policy, what once were vices now are habits. A quick glance at the tax provisions in the President’s budget reveals lists and lists of special tax deductions and credits. Legislation again moving in Congress to extend certain expired and expiring tax provisions includes yet another list of special tax provisions. Inevitably, the number of special…
WebMemo posted May 14, 2010
Too Many Subsidies Mar Otherwise Good Nuclear Title of Kerry–Lieberman Bill
Senators John Kerry (D–MA) and Joe Lieberman (I–CT) released their much-awaited climate and energy bill, the American Power Act (APA), on May 12. While the economic harm caused by the bill’s cap-and trade-provisions makes it a non-starter, the nuclear title, with modification, provides a good start for a separate nuclear bill.
Strong on Regulatory Reform
WebMemo posted April 23, 2010
U.N. Global Warming Treaty Process Still Off-Track in Bonn—and for Good Reason
The United Nations' first significant global warming meeting since last December’s Copenhagen summit just wrapped up in Bonn, with no progress toward a new international treaty to replace the Kyoto Protocol. This meeting was supposed to help lay the groundwork for an agreement at the next major conference scheduled for Cancun, Mexico, in December. However, none of the…
WebMemo posted February 4, 2010
Green Jobs: Environmental Red Tape Cancels Out Job Creation
In the midst of a recession, costly environmental legislation is not an easy sell. For that reason, the Obama Administration and congressional proponents of an aggressive environmental agenda have tried to recast their policies as a boost to--rather than a drain on--the economy. From the stimulus package to pending global warming legislation to the Senate's upcoming jobs…
WebMemo posted February 3, 2010
Conditions and Policy Reforms Must Accompany Nuclear Loan Guarantee Boost
President Obama's 2011 budget provides an additional $36 billion in loan guarantee authority to nuclear energy projects. When added to the $18.5 billion previously authorized under the Energy Policy Act of 2005, the American taxpayer will now be subsidizing $54.5 billion in loans to the nuclear industry (if the budget is approved).
Loan guarantees can help…
WebMemo posted December 14, 2009
Senate Attempts to Promote Small Nuclear Reactors Fall Short
The Senate is considering two bills that are meant to help small and modular nuclear reactor development. Unfortunately, the Nuclear Energy Research Initiative Improvement Act (S. 2052) and the Nuclear Power 2021 Act (S. 2812) would have the opposite impact.
Together (or individually), these bills would smother the private-sector initiative and free-enterprise spirit…
WebMemo posted December 4, 2009
Obama Jobs Deficit Up Again, Real Jobs Strategy Needed
Another month under President Obama, another 11,000 jobs lost, pushing the total Obama jobs deficit to 7.6 million. One day after the White House jobs summit admitted that the President’s policies—including the massive $787 billion stimulus enacted last spring—are not working to create jobs, the Department of Labor’s monthly jobs report added the exclamation point.
WebMemo posted November 23, 2009
The Clean Energy Act of 2009: A Missed Opportunity for Real Nuclear Energy Policy Reform
Senators Lamar Alexander (R-TN) and Jim Webb (D-VA) recently introduced their bipartisan Clean Energy Act of 2009 (CEA 2009), which aims to create a business and regulatory environment to double nuclear power production in just two decades. While their reform efforts are laudable and necessary, most of their recommendations will not bring about their desired…
Special Report posted November 23, 2009
Why Must the U.N. Be Central to Addressing Global Warming?
A statement issued by the Asia-Pacific Economic Cooperation (APEC) summit conceded a long-suspected reality: The upcoming Copenhagen conference will not produce a legally binding climate pact to succeed the failed Kyoto Protocol. APEC's statement was significant because APEC nations comprise roughly 60 percent of total anthropomorphic greenhouse emissions, including…