31 item(s) were returned.
A recent report from the Congressional Budget Office found that in 2011 federal support for fuel and energy technology development and production was $24 billion. Of this, $20.5 billion, or 85%, was in the form of “tax preferences—such as special deductions, special tax rates, tax credits, and grants in lieu of tax credits”; the remainder was made up by the Department of Energy’s spending programs. Of the total $24 billion provided in 2011, about $16 billion, or 78%, went toward support of renewables, energy efficiency, and alternative vehicles. According to the report, historically energy-related tax preference support was “primarily… [more]
View Insight“Jobs, the Energy Sector, and Government” February 16th, 2012 Capitol Hill, Washington, DC Opening Remarks: WILLIAM SQUADRON, President, OurEnergyPolicy.org Speakers: KENNETH P. GREEN, Resident Scholar, American Enterprise Institute JIGAR SHAH, CEO, Carbon War Room ROBERT H. TOPEL, Professor, Urban and Labor Economics, Booth School of Business, University of Chicago YOSSIE HOLLANDER (moderator), Founder and Chairman, OurEnergyPolicy.org MR. SQUADRON: Thank you all for coming. There’s still a few people outside coming in, in a little bit of a line, but we should get started, because I know all of you have busy schedules, and we appreciate your taking the… [more]
View InsightPresident Obama sent his requested FY2013 budget to Congress Monday, and requested, among other energy-related items, significant increases to energy R&D, renewable energy investments, and energy efficiency programs. From the request: “In light of the tight discretionary spending caps, this increase in funding is significant and a testament to the importance of innovation and clean energy to the country’s economic future.” Among the energy-related budget requests: $27.2 billion to the Department of Energy, a 3.2% hike over FY2012 $5 billion for DOE’s Office of Science $2.3 billion for DOE’s Energy Efficiency and Renewable Energy office – a 29% increase –… [more]
View InsightProfessor of Physics
City College of the City University of New York
Despite aggressive requests from the Obama Administration and the Department of Energy’s Office of Science, the House in the most recent appropriations debate made significant efforts to reduce funding for climate-related science. The Senate prevailed in the subsequent negotiations, and nearly all Office of Science programs received modest funding increases. Although it lost its appropriations battle, the House’s efforts to trim the Office of Science’s funding demonstrate its strong skepticism about climate science. Further reflecting its attitudes, the House defunded enforcement of standards for more efficient light bulbs, publicly challenged the validity of climate science, relentlessly pushed the Keystone XL … [more]
View InsightThe New York Times recently published an article outlining the role of energy storage in facilitating increased adoption of renewable energy. The article highlights two companies – SolarReserve and BrightSource – that will open and operate solar thermal storage plants over the next several years. These plants will use the daytime sun to heat water and salt. The latent heat will then be used to power traditional electric turbines after the sun has set. The Energy Storage Council lists the following among the uses of energy storage: Enabling “renewables, solar or wind, to store energy generated during off-peak hours for… [more]
View InsightProgram Manager
CLASP
The high-profile and controversial collapse of Solyndra and Beacon Power has led critics to question the integrity and merit of DOE’s loan guarantee program. Energy Secretary Steven Chu was asked to respond to these criticisms before a House Energy and Commerce subcommittee on 11/17/11. Rep. Stearns (R-FL), chairman of the subcommittee, said “it is readily apparent that senior officials in the administration put politics before the stewardship of taxpayer dollars” [NYT]. Dr. Chu denied this, arguing that a tough global market was to blame, that struggling loan recipients “got caught in a very, very bad tsunami.” He defended the value… [more]
View InsightNote: Synopsis drawn from the report. Synopsis intended solely for the purpose of generating discussion. Blueprint for a Secure Energy Future by the Obama Administration Demand for oil in countries like China and India is growing, and the price of oil will continue to rise with it. We need to make America more secure and control our energy future by harnessing all of the resources that we have available and embracing a diverse energy portfolio. Beyond our efforts to reduce our dependence on oil, we must focus on expanding cleaner sources of electricity, including renewables like wind and solar, as… [more]
View InsightNote: Drawn from report synopses by OurEnergyPolicy.org. Highlights of Major 2010 Energy Innovation Reports A Business Plan for America’s Energy Future by the American Energy Innovation Council Released June 2010 Post-Partisan Power by Steven F. Hayward, Mark Muro, Ted Nordhaus, and Michael Shellenberger Released October 2010 Creating a Clean Energy Century by Third Way Released November 2010 Government must play a key role in accelerating energy innovation for two reasons. First, innovations in energy technology can generate significant public benefits that are not reflected in the market price of energy, including cleaner air and improved public health, enhanced national security… [more]
View InsightNote: Synopsis drawn from report’s executive summary. Synopsis intended solely for purposes of generating discussion. The Future of Natural Gas: An Interdisciplinary MIT Study By the Massachusetts Institute of Technology Energy Initiative Natural gas has moved to the center of the current debate on energy, security and climate. This study examines the role of natural gas in a carbon-constrained world, with a time horizon out to mid-century. The overarching conclusions are that: Abundant global natural gas resources imply greatly expanded natural gas use, with especially large growth in electricity generation. Natural gas will assume an increasing share of the U.S.… [more]
View InsightNote: Synopsis based on OurEnergyPolicy.org review of report’s executive summary. Synopsis intended solely for purposes of generating discussion. A Business Plan for America’s Energy Future By the American Energy Innovation Council In the defense, health, agriculture, and information technology industries, the United States has used intelligent federal investments to unleash profound innovation, resulting in leadership in those realms. In energy, however, the United States has failed the grade, and is paying a heavy price for that failure. Government must play a key role in accelerating energy innovation for two reasons. First, innovations in energy technology can generate significant, quantifiable public… [more]
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