From The PERColator:
As PERC’s Rick Stroup often says, “Efficiency has no constituency,” and that’s certainly true of environmental policy. The federal government is replete with inefficiencies resulting from overlapping, redundant, and wasteful spending programs.
Over the last three years, the Government Accountability Office has outlined 131 areas of wasteful and duplicate spending by the federal government. The GAO released its latest report last month, identifying an additional 31 areas to improve [...]
The study challenges the Government’s claims that energy bills will actually fall in the next eight years because of energy efficiency savings.
The Coalition is relying on the savings to offset the price increases caused by renewable energy subsidies. Those extra costs are added on to household bills in the form of consumer subsidies.
This week the Department of Energy and Climate Change (DECC) will publish its draft energy bill, setting [...]
Hanover, Germany — Shiny black solar panels are as common a sight as baroque church spires in this industrial hub, thanks to government subsidies that have helped make Germany a world leader in solar technology.
Now, sudden subsidy cuts here and elsewhere in Europe have thrown the industry into crisis just short of its ultimate goal: a price to generate solar energy that is no higher than fossil-fuel counterparts.
Across Europe, governments [...]
A heavily subsidized solar company received a U.S. taxpayer loan guarantee to sell solar panels to itself.
First Solar is the company. The subsidy came from the Export-Import Bank, which President Obama and Harry Reid are currently fighting to extend and expand. The underlying issue is how Obama’s insistence on green-energy subsidies and export subsidies manifests itself as rank corporate welfare.
Here’s the road of subsidies these solar panels followed from Perrysburg, [...]
by Gene Healy
This article appeared in DC Examiner on January 24, 2012.
On the eve of Newt Gingrich’s landslide victory in the South Carolina primary, CNN’s Erin Burnett let the former speaker expound on the success of his “kick the moderator” debate strategy.
“I think there’s something going on here that’s very deep,” Gingrich said. “People want a leader who’s forceful… Part of it is, you know, if I’d said ‘The color is blue!’ [...]
By Michael Boskin, WSJ
…an $825 billion stimulus package; the Public-Private Investment Partnership to buy toxic assets from the banks; “cash for clunkers”; the home-buyers credit; record spending and budget deficits and exploding debt; the auto bailouts; five versions of foreclosure relief; numerous lifelines to Fannie Mae and Freddie Mac; financial regulation and health-care reform; energy subsidies, mandates and moratoria; and constant demands for [...]
by Charles Hugh Smith from Of Two Minds
July 4, 2011: The Cycle of Dependency and the Atrophy of Self-Reliance
The 4th of July marks the birth of the nation, and as such is a good time to distinguish between the nation and its Central government, the Savior State.
The 4th of July is a fitting day to ponder the reality that we are at Peak Government, and the Savior [...]