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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.

April 15, 2016

The Fuzzy Accounting Behind Renewable Energy's Falling Prices


Before wind and solar advocates boast about how affordable their preferred energy sources have become, they need to factor in the massive taxpayer largesse propping up the renewable industry. After accounting for both sides of the ledger, anyone can see that renewables cost far more than they save.

February 8, 2016

EPA Sets Renewable Fuel Mandate Below Legal Requirement


IPI expert referenced: Merrill Matthews

IPI's Dr. Merrill Matthews says repealing the mandate would be good for the economy and the environment. “Ending the Renewable Fuel Standard would immediately and dramatically increase the demand for oil, stabilize energy markets, boost the economy, and likely reduce carbon-dioxide emissions.”

February 2, 2016

Trump Vows to Cut EPA If Elected


IPI expert referenced: Merrill Matthews

"If either [Trump or Cruz] wins the White House, it’s the EPA's, not the human race's, existence that will be threatened,” IPI's Merrill Matthews said.

January 29, 2016

Climate Alarmists Manipulate Data to Make 2015 Hottest Year on Record


A new paper is explaining why NOAA’s conclusions about 2015 are too hot.

January 21, 2016

Obama Rejects Clean Power Plan Limits


IPI expert referenced: Merrill Matthews

“The better hope for ending the federal power grab may come from the states, which have found lots of new reasons to embrace the Constitution’s federalism and challenge federal overreach,” said IPI's Merrill Matthews.

January 7, 2016

Ethanol Backers Mobilize Against Ted Cruz


IPI expert referenced: Merrill Matthews

The Renewable Fuel Standard has been a boon to corn growers but hardly anyone else, writes Merrill Matthews, a resident scholar with the Institute for Policy Innovation in Dallas.

January 6, 2016

Ted Cruz Passes on Principle


IPI expert referenced: Merrill Matthews

As IPI’s Merrill Matthews wrote for the Wall Street Journal, ethanol mandates increase the cost of driving, adds more carbon dioxide to the atmosphere than do fossil fuels, and was crafted at a time when the junk science of “peak oil” was scaring entrepreneurial Americans into developing hydraulic fracturing and horizontal drilling technology that has transformed the U.S. into one of the world’s largest energy producers. That Cruz could back this policy and remain at the top of the polls in the Hawkeye State suggested that the fever associated with addiction to federal subsidies was breaking.

January 6, 2016

Morning Editorial Report: Repealing Obamacare


IPI expert referenced: Merrill Matthews

The Environmental Protection Agency is mandating that more ethanol be blended into gasoline, but Merrill Matthews notes in our pages the inconvenient truth that “ethanol adds more carbon dioxide to the atmosphere than it eliminates by replacing fossil fuels.”

January 6, 2016

The Corn-Fed Albatross Called Ethanol


The renewable fuel has cost drivers an extra $83 billion to fill their tanks since 2007, and it does little or no good for the climate.

November 30, 2015

Obama Wants To Buy A Green Legacy With Taxpayer Money


Beware of politicians looking for a legacy—especially when they try to buy it with your tax dollars. President Obama will soon head to Paris for a climate change confab, where he hopes to get a standing ovation for leading the fight against fossil fuels.

 

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