Access to abundant, affordable energy is a key factor in economic growth, whether supplying the manufacturing plants of the 20th century or the server farms of the 21st century. Unfortunately, the federal government has placed unreasonable restrictions on domestic exploration and development, and foreign sources are sometimes actually hostile to our own interests.
New discoveries and innovative technologies have made possible the extraction of enormous new energy resources within the United States. The U.S. possesses not only enormous natural energy resources but also the technology to extract those resources in a responsible manner.
IPI believes that the United States should become as energy self-sufficient as possible, drawing upon a diverse energy base comprised of all possible energy resources. We believe that free people operating within a free economy using voluntary risk capital will out-innovate government-directed central planning funded by taxpayer dollars. The key to energy innovation is abundant capital, a tax system that rewards rather than punishes success, an intellectual property system that allows innovators to own the fruits of their research, and a regulatory environment that balances the needs of our economy with the protection of the environment.
Gas Exports Become a Force for World Peace and a Cleaner Environment
Three reasons why we should cheer the fact that China is importing liquefied natural gas.
Time to Rethink the Renewable Fuel Standard
If ever a federal program had outlived its usefulness, it’s the government’s support for ethanol.
Renewables Aren't Up to the Job; We Need to Tap the World's Vast Fossil Fuel Resources!
Energy independence for the U.S. alone is still years away -- and may never arrive if we rely solely on renewables. But thanks to free trade, energy independence for North America is within our grasp.
Trump Tries to Save U.S. Solar but May Kill It Instead
President Trump has imposed tariffs on imported solar panels and solar cells, but is that an effort to save the solar industry or undermine it?
U.S. Trade Agreements: Reasons For Restraint
As Merrill Matthews of the Institute for Policy Innovation noted in a Jan. 2 Wall Street Journal op-ed column, NAFTA participants Canada, Mexico and the United States are codependent on energy and benefit from the trade agreement’s tariff terms.
Free Trade Has Been A Boon to Energy Independence
Energy independence for the U.S. alone is still years away. But thanks to free trade, energy independence for North America is within our grasp. A modernized Nafta can help make that goal a reality very soon.
Senate Should Reject Overreaching Obama-Era Ozone Rule
Clean air is achievable when air quality standards move us in the right direction while encouraging economic growth protect both the environment and the economy.
U.S. Carbon Is Down, While World Carbon Is Up
The Bonn climate conference has been criticizing the U.S., which has been reducing carbon emissions, for being uninterested in standing with polluters that claim to be interested.
Taking Back Renewable Energy's Taxpayer-Funded Honeypot
Governments shouldn’t be in the business of picking winners and losers. Companies need to compete without taxpayer subsidies, letting consumers determine which companies — and industries — thrive and which don’t survive.
Perry's Plans to Revive Coal Would Kill Aspirations for a Free Market
Perry's proposal would put the government's thumb on the scale for coal. When the Trump administration decides it wants to help coal, or any other industry, it's already on the path to the same kinds of crony capitalism it criticized from the Obama administration.
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