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.
Carbon Taxes: Wrong Solution to the Wrong Problem
For the United States to place a punitive tax on carbon would be like Brazil putting a punitive tax on beaches.
Has the Last Edifice to the Liberal Vision Just Collapsed?
Liberals have to point to impending catastrophes if they want public buy-in for their agenda. President Obama has disproved most of their predictions, and now their last, best catastrophe may be evaporating.
Mysteries of the Keystone XL pipeline
The biggest mystery about the Keystone XL pipeline is why its final stage hasn't already been approved by the Obama administration.
Green Energy's Unintended Consequences
The green energy movement is driven by good intentions ... mostly. But it is also riddled with unintended, even ridiculous, consequences that often outweigh the good the movement hopes to achieve.
Obama Likes Temporary Infrastructure Jobs, Except When He Doesn't
President Obama wants to spend federal money on more infrastructure projects that he says creates good jobs; so why not approve the Keystone XL pipeline which will create infrastructure jobs without spending taxpayer money?
Mr. President, The Free Market is Reducing CO2 Emissions
Many federal lawmakers support President Obama in his desire to reduce carbon emissions by imposing the heavy hand of regulation. What they consistently fail to appreciate, however, is that the free market is already curbing energy-related carbon emissions.
States' Energy Policies Promote Peace and Security
Securing an adequate domestic supply of energy is a national security priority; our economic and foreign policies should not be guided by the fear that an energy-exporting strongman will cut off our energy supplies.
Parts of the Keystone Pipeline System Have Been Working Well for Years
The Keystone XL pipeline is part of a larger Keystone pipeline system that is already safely transporting oil from Canada to U.S. refineries.
Conversation Starters
The U.S. must move forward with plans that will turn cheap and abundant natural gas into liquefied natural gas for export. Producing and exporting U.S. energy might be the closest thing we've seen to a real "peace movement."
It's time we learn what green energy costs states and cities
In all the focus on federal green energy spending, what's been overlooked is that states and cities are also neck-deep in renewable energy subsidies.
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