Beyond cheap electricity, Ohio is looking to shale gas to rebuild its manufacturing base. Already, Shell is building a $6 billion ethane “cracker” along the Ohio River that will produce raw material for polyethylene, which goes into plastics. There are 12,000 manufacturers within 600 miles of the new plant that use plastics and don’t have access to a local supply …
Washington thinks you can’t be trusted to buy your own car.
The vast majority of Americans will beat a path to the carmakers who build affordable, low emission, high functional vehicles, writes economist Wayne Winegarden in Forbes. So why do we need Washington to tell us what kinds of cars to drive? According to a study by the Yale Program on Climate Change Communication, most Americans consider global warming a threat …
New Report: Divestment of Fossil Fuels Has Substantial Cost for Retirees, Taxpayers
Some politicians in Colorado, New York and other states want public pension funds to sell off their investments in oil, natural gas, coal and utility stocks – but at what cost? A new study shows that “divestment” spells big trouble for taxpayers and the public employees who are counting on their pensions. The politicians involved in “divestment” say they want …
Obama’s “CAFE Standards” will raise the price of your next car by at least $3,000.00
For the “Corporate Average Fuel Economy” program – “CAFE Standards” – to reach its goal, the average price of a new vehicle will skyrocket by at least an additional $3,000.00. That’s according to the Obama administration’s own technical assessments. Other estimates put the price hike at $7,200.00 per vehicle. The Department of Transportation is now reviewing the Obama CAFE standards, …
What Obamacare did for health, the CARBON TAX will do for energy
The same folks who invented Obamacare have now cooked up the “Carbon Tax” – higher prices for everything we do, eat, wear and use. That’s why two leading Members of Congress say that the carbon tax would be “detrimental to American families and businesses.” Dr. Vince Ginn, Ph.D., of the Armstrong Center for Energy and the Environment, says the Congressmen …
Tariffs: 5 Layoffs for Every New Job
A new study by The Trade Partnership confirms that proposed tariffs on steel and aluminum will cause a net LOSS of 146,000 American jobs: that’s five layoffs for every single new job created. That’s because aluminum and steel are included in the price of nearly everything we buy, from a new car to a can of beer. Already, U.S. metals prices …
How hedge fund kingpin Tom Steyer uses cash to promote costly, frivolous lawsuits against America’s energy companies
Oakland’s public employee pensions are notoriously underfunded and its schools had to be bailed out by the state. So why does Oakland bring expensive lawsuits against America’s energy companies – and how do they pay for it? The answer might be found in the money trail that leads from hedge fund kingpin Tom Steyer to the pet program of Oakland …
Thanks For Blocking The Pipeline!
Thanks to the Shale Revolution, energy costs in the United States are lower and supplies are plentiful – but not in New England, where anti-pipeline politicians have created a real “energy void.” When temperatures go low in New England — like this winter — renewable sources just can’t cut it. Power plants and home heating demand more natural gas, but …
A Washington State Carbon Tax: All Pain, No Gain
With respect to Washington governor Jay Inslee’s renewed proposal for a “carbon” tax on that state’s greenhouse-gas (GHG) emissions, a number to keep closely in mind is: 2/1000 of a degree. That would be the global temperature effect in the year 2100 if Washington were to reduce its GHG emissions to zero immediately. That figure comes from the Environmental Protection …
A Meat Tax?
Just when you thought it was safe to enjoy a cheeseburger, policy-makers in Washington have something else cooked up – a tax on meat. That’s right. They want to tax beef, pork, even poultry. “We have never been closer to a meat tax,” Ashley Byrne, the associate director of campaigns for People for the Ethical Treatment of Animals (PETA), told …