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How to Keep Promises to Expand Energy Production and Create American Jobs

How to Keep Promises to Expand Energy Production and Create American Jobs

Full Title: How to Keep Promises to Expand Energy Production and Create American Jobs
Author(s): Nicolas D. Loris, Katie Tubb, and Jack Spencer
Publisher(s): The Heritage Foundation
Publication Date: January 1, 2013
Full Text: Download Resource
Description (excerpt):

President Barack Obama’s energy  policy during his first term runs  counter to his campaign promise to  expand energy production and create  jobs during his second term. During  his first term, he delayed, restricted,  and regulated some energy sources  while subsidizing, mandating, and  giving special tax treatment to others.  To keep his promise to increase  energy production and create jobs,  the President should shift from the  paternalistic—and failed—energy  policy of “Washington always  knows best” to a free-market energy  policy in which energy producers  and consumers decide what works  best. Such a policy would also relieve  taxpayers of the burden of subsidizing  the energy sector.

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