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Category — Republicans

Going on Offense: The American Energy Renaissance Act of 2014 (Cruz, Bridenstine set tone for post-Obama world)

“[The AERA] will prevent federal regulation of hydraulic fracturing, facilitate the expansion of domestic refining capacity, improve processes to develop energy infrastructure, stop EPA overreach and its war on coal, force Congress and the President to approve any new EPA regulations that kill jobs, broaden energy development on federal land, open offshore exploration, expand U.S. energy exports, and dedicate additional revenues to debt reduction.”

“Only a crisis – actual or perceived – produces real change,” wrote Milton Friedman in the 4oth anniversary of his classic Capitalism & Freedom (1962, 2002). The revered free-market economist continued:

When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.” (p. xiv, emphasis added)

The crisis of interventionism is all around us. And reform is in the air.

Last Thursday, Senator Ted Cruz (R-Tx) and Representative  Jim Bridenstine (R-Ok) introduced legislation to  “embrace American energy renaissance, spark job creation.” The American Energy Renaissance Act is all about 1) removing barriers to develop domestic energy resources, 2) building energy infrastructure, and 3) expanding trade to increase employment and and assist international allies.

The press release accompanying S. 2170 and H.R. 4286 described the purpose and promise of the American Energy Renaissance Act as follows: [Read more →]

March 31, 2014   1 Comment

Sarah Palin's Energy Plan: Not Much to Like (Republicans had better do better than this)

Last month, our friends over at the Heartland Institute published a front-page lead story in the April, 2009 edition of Environment & Climate News. Alyssia Carducci’s “Palin Energy Plan Receives High Praise” begins:

“Alaska Gov. Sarah Palin (R) has announced an ambitious plan to produce half of the state’s electricity from renewable sources by 2025. Palin’s plan, which empowers local municipalities to identify and develop the most cost-efficient renewable power sources available to them, won immediate praise from environmental groups, consumer groups, and industry.”

This article is yet more evidence that the inexplicable conservative love affair with Sarah Palin remains unrequited—at least, when it comes to economic policy in general and energy policy in particular. But Republicans, as the kids might say, “She’s just not that into you.” Let’s examine the litany of problems with Plain’s approach to energy. [Read more →]

April 27, 2009   11 Comments

Governor Rick Perry (R-TX), T. Boone Pickens, and the Enron Legacy of Windpower

Last December, Texas governor Rick Perry, speaking at a Houston fundraiser, sadly noted how President George W. Bush had lost his way in Washington, D.C. His good friend had compromised his principles and left the nation in a lurch, however unintentionally.

But then the governor launched into his Texas-is-great stump speech that included kudos to windpower, a new large industry (no) thanks to a legislative mandate requiring that Texas electricity retailers purchase qualifying renewable energy. (Wind is the most economical of the qualifiers.) The 1999 mandate, enacted with the crucial help of Enron lobbyists, was increased in 2002 with a powerful wind lobby at work. And so at  the point of a gun, Texas became the leading windpower state in the country, passing California along the way.

So it was not surprising that last Saturday night Gov. Perry handed T. Boone Pickens the 2009 Texan of the Year Award at a ceremony in New Braunfels, a town of 50,000 in the Texas Hill Country. [Read more →]

March 24, 2009   12 Comments