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.
Investing in Energy Companies is Not Like Apartheid
One global-warming alarmist's effort to equate apartheid with investing in traditional energy companies is both bad economics and morally offensive. Apartheid was a government-backed effort to keep certain people economically depressed; the energy industry is a private sector endeavor that spurs economic growth and the standard of living-for everyone.
Obama Bends the EPA Rules When It Helps Him
The White House recently pulled out all the stops (including setting aside some EPA regulations) to keep Sunoco's
The US Navy: Defending Our Freedom And ... Building Our Refineries?
The Pentagon is pushing ahead with a $420 million effort to build three refineries to make competitively priced biofuels.
If Only We Could Harness All the Human Energy Enviros Waste Fighting Traditional Energy
Predictably, Judge Steven Yelonosky rejected a plan for Corpus Christi's Las Brisas Energy Center to provide 1 million South Texas customers with energy generated by burning petroleum coke.
The EPA's New Mandate: Pump Grass, Not Gas
The transition to biofuels needs to be led by science and economically viable alternatives. Instead, it is being led by a political agenda that believes that pumping grass, rather than gas, is good for the planet — no matter how much it hurts people and their pocketbooks.
Plunge In CO2 Output Due To Natural Gas Fracking
The most underreported recent environmental story has been the dramatic decline in energy-related carbon emissions — nearly back to mid-1990s levels, and falling.
Environmentalists have unrealistic vision to 'repeal, replace' fossil fuels
The day may come when we can transition to clean energy, but not for decades. Until there is a real “replace” vision, environmentalists should quit trying to “repeal” fossil fuels.
What We Know and Don't Know About Obama's Loans to Green Companies
Although the administration has handed out about $8.3 billion, we don’t know which companies received how much of that taxpayer money.
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