Tag: "federal subsidies"

SOTU: President Obama’s Reckless Energy Policy

Last night, President Obama gave his final State of the Union (SOTU) address to the nation. He briefly discussed energy policy: Seven years ago, we made the single biggest investment in clean energy in our history.  Here are the results.  In fields from Iowa to Texas, wind power is now cheaper than dirtier, conventional power.  […]

“Green” Energy: The Color of Money

In light of the recent legal filing for creditor protection by Spain-based, Abengoa, Inc., the viability of the Renewable Fuel Standard (RFS) is getting appropriate scrutiny and reconsideration. Through that program, the giant green-energy company received billions of U.S. taxpayer dollars in grants, loans, and subsidies. Still, last week they were forced to close their […]

Beneficiary of Billion Dollar Green Fuels Program Files for Creditor Protection

Today, the Environmental Protection Agency (EPA) released its final ruling on blend volumes of renewable fuels for the calendar years 2014, 2015 and 2016. The challenge for the EPA is the lack of advanced biofuels to meet obligated minimum levels. The Energy Independence and Security Act of 2007 (EISA), mandates an increasing blend of renewable […]

Let Wind and Solar Energy Subsides Expire

Wind energy is doing very well…even though renewable sources of energy are still just a fraction of energy output in the United States with significant federal and state subsides. The success that some states have had with wind energy production is encouraging other states to expand their wind energy production offshore. However, offshore wind facilities […]

Organics: Another Fine Government Mess

The Organic Foods Production Act (OFPA), as part of the 1990 Farm Bill, established the National Organic Program (NOP). The program, as administered by the United States Department of Agriculture (USDA), oversees uniform standards governing the marketing of organically produced products. The NOP’s mission is to assure consumers of consistent organic standards of production and […]

Federal Solar Energy Subsidy Expires 2016

The Solar Investment Tax Credit (ITC) is expected to expire in 2016. The solar energy industry is trying to get another extension to last until the year 2022. They believe that without this critical subsidy, then they will lose 80,000 jobs in just 2017 alone. The ITC is a 30 percent tax credit for solar […]

Wind Subsides Cost Taxpayers Big

Appears on Newsmax: A draft package released by the Senate Finance Committee proposes to revive a 2.3 cent per kilowatt-hour production tax credit (PTC) incentive for wind energy, which lapsed last December. Congress had voted to terminate the PTC along with other tax breaks for wind projects at the end of 2013, only to have […]

Senate Energy Policy Leaves Out Oil and Highway Funding

The focus of the Energy Policy Modernization Act of 2015 includes energy efficiency and conservation, protecting the electric grid and speeding up the application process for liquid natural gas refineries. The bill includes: The secretary of the Energy Department to issue a final decision on applications to export liquefied natural gas within 45 days after […]

Economic Repercussions of the Renewable Fuel Standard

American Petroleum Institute’s Renewable Fuel Standard Facts: The Energy Independence and Security Act of 2007 included an expanded Renewable Fuel Standard (RFS), which the EPA used to develop a final rule effective July 1, 2010. To comply with the Standard, biofuel producers and importers must blend increasing amounts of biofuels into gasoline and diesel. However, […]

Electric Vehicles: More Harm than Good?

A recent study by Stephen P. Holland from the University of North Carolina- Greensboro and other economics and business professors has found the environmental benefits and harms of electric cars vary state by state. The federal government currently awards a subsidy of $7500 for each electric vehicle bought, with some states adding their own subsidies […]