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.
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.
Obama's Energy Policy Schizophrenia
Who Is the Pig at the Trough of Energy Tax Breaks?
How the Chevy Volt Is Like ObamaCare
How are they alike? Well, both were sold as a key to creating jobs and economic growth. So how is that working out for you?
Who Is the Pig at the Trough on Energy Tax Breaks?
Slow Relief for Gas Pains
The president has a solution to the rising gas prices....it just may take a while.
Obama's Blocking Energy Production
Democrats Explain Why They Think Obama is the Energy King
But progress has come in spite of the president, not because of him.
A Survey of the Global Policy Landscape for Green Technology and Intellectual Property
While there is consensus that carbon-based energy sources will continue to meet the vast majority of the world’s energy needs for years to come, it is also clear that major breakthroughs across a range of clean energy technologies are essential to reconcile finite natural resources with seemingly infinite global energy demand.