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.
Speeches That Weren't Made During the March for Science
Lots of speeches were given during the March for Science. Here are some important issues that likely weren't discussed.
Raising Taxes Won't Stop Climate Change, But Will Slow Economic Growth
The country needs policies that help it become more competitive, not less so. Lowering the tax burden, not raising it with a carbon tax, is the best way to achieve that goal.
Republicans Who Believe in 'Tax Gain Without the Pain'
Some Republicans have now decided that there is no downside to certain tax increases.
Trump Order Dismantles Climate Rules
President Donald Trump on Tuesday signed an executive order that may slow the closure of some US coal-fired power plants and will begin a lengthy process of rescinding much of former President Barack Obama's climate change policies.
Federal Oil And Gas Leases Could Pay For The Republican Health Plan
Republicans need a new revenue stream to pay for their health care bill, and expanded oil and gas exploration could provide much, and perhaps most, of that funding.
Scott Pruitt Will Have to Change EPA Policies - And Culture
Scott Pruitt may face the biggest challenge of all of President Donald Trump’s Cabinet appointments because the EPA is dedicated to a cause rather than the public.
Note To Environmentalists: Not All Fossil Fuels Are The Same
Not all fossil fuels are created equal — at least with respect to their carbon footprint.
Trump Pipeline Action Boon to U.S. Job Creation
By advancing the Keystone XL and Dakota Access pipeline projects, President Donald Trump is not only moving to unshackle the energy industry and promote a more secure United States, but is giving the green light to create a wealth of middle class jobs.
Trump Inauguration: Positive Signs For Gas Sector As Power Transfers
Donald Trump took the oath of office Friday promising to bring jobs back to the US and put America first in matters of trade and foreign affairs. And a statement released by his White House as soon as the power transferred to Trump touted "an America first energy plan," promising to maximize the use of American energy resources, end dependence on foreign oil and scrap burdensome regulations.
Perry Shouldn't Forget to Do These Four Things at the Energy Department
Perry needs to eliminate the many costly and counterproductive activities of the Department of Energy and return the agency to its original mission.
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