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Ethanol mandate threatens jobs, could lead to price spikes at pumps, oil refiners say

“A renewed war over the federal ethanol mandate has cast a cloud over the biofuels industry as it gathers this week for its annual convention, with critics charging that the sector and its champions in Washington are slowly crushing oil refiners, which say they are struggling to comply with the law. The debate, which has raged since Congress passed the Renewable Fuel Standard in …

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More Oil And Natural Gas Invalidate ‘Keep It In The Ground’ Movement

“There is a destructive “keep it in the ground” movement arising from environmental groups to block oil and natural gas development and the pipelines required to transport them. The center of this opposition is in New York and the New England states, where numerous policymakers seek to artificially constrain energy supply. Yet, despite producing none themselves, their reliance on gas electricity has surged. ISO New England now …

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New York’s Pensions Should Focus On Financial Returns — Not Politics

“The recent push by New York City Mayor Bill de Blasio and Comptroller Scott Stringer to divest the city’s pensions from fossil fuels is playing politics with retiree savings at a time when they can least afford it. Both Mayor de Blasio and Comptroller Stringer said multiple times during their announcement that divesting will “send a message” for others to …

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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 …

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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 …

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$4 Gas may be seen with Carbon Tax

“Oregonians could soon be paying $4 or more for a gallon of gas if lawmakers pass cap-and-trade in the next year, according to the Taxpayer Association of Oregon Foundation. Recent surveys from the AAA of Oregon and Washington indicates this would amount to a 40 percent increase in the price consumers are currently paying at the pump.” Read more at …

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Fund managers shouldn’t try to save the world at pensioners’ expense

“A few years ago, CEOs came up with a saying to distract people from how much money they make: “Companies that do well need to do good!” In addition to some precise English-language usage, the sentiment is very sound: If you make a lot of money, you should help others. This charitable attend is nothing new, it’s sort of a …

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Myriad factors combine to make energy outlook very rosy in 2018

“The early days of 2018 are a good time to consider America’s energy landscape and how it impacts our broader global competitiveness. The outlook is good. The shale revolution in the U.S., OPEC’s varied responses, changes in federal regulations, as well as the cost of oil and gas here, relative to the rest of the world, all impact the country’s …

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Rigs to Reefs

Since 1984, the “Rigs to Reefs” program has recycled more than 450 offshore oil and gas rigs into artificial reefs that draw coral, shrimp, snapper and other sportfish like magnets. The program gives new life to the platforms – and creates thriving new deep water habitat for thousands of species that would otherwise have to cling for life in the …