There’s must read article on the biofuels industry in today’s Wall Street Journal… The full article is subscriber content but here’s the extract: The biofuels revolution that promised to reduce America’s dependence on foreign oil is fizzling out. Two-thirds of U.S. biodiesel production capacity now sits unused, reports the National Biodiesel Board. Biodiesel, a crucial [...]
Environmentalists: ‘Cap-and-Trade’ Is Designed to Drive up Energy Costs and Redistribute Wealth
From CNSNews.com: President Obama’s “cap and trade” plan to reduce greenhouse gas emissions is specifically designed to drive up energy prices and redistribute wealth, according to a coalition of environmental, union, and liberal activist groups that is pushing for Congress to enact the proposal this year. The plan would also redistribute wealth by taking revenue [...]
John Larson: Government Should Compel Consumers to Use Alternative Energy
From CNSNews.com: Government policy should be crafted to raise the price of carbon-emitting energy sources so consumers are compelled to choose alternative energy, House Democratic Conference Chairman John Larson (D-Conn.) told CNSNews.com on Thursday. Larson agreed that such a policy would likely result in higher electricity prices for consumers but said this is needed to [...]
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