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.
Biden Knows That Hacked Pipeline Carries Fossil Fuels, Right?
Biden canceled the Keystone XL Pipeline to reduce the flow of fossil fuels, but he's trying to quickly reopen the recently hacked Colonial Pipeline, which transports gasoline.
What Does Biden's Green Dream Scheme Mean?
If President Biden stakes his presidency on achieving his green dream of dramatically reducing carbon emissions, it will likely be a failed presidency.
Note to Media: Not All Cold Temperatures Are Due to Climate Change
Texas had extremely cold temperatures long before the media blamed everything climate change.
So Much for Joe Biden, Moderate
President Biden wasted no time releasing a flurry of executive orders and legislative proposals. Some of them may be helpful in addressing the economic challenges imposed by the coronavirus pandemic. But others would almost certainly “cancel” his effort to create jobs, grow the economy and promote equity.
You Will Drive an Electric Car--and Like It
The vast majority of Americans choose to buy a fossil-fuel powered car. With the coming of President Joe Biden, that soon may no longer be an option.
How Can I Flee Wildfires in My EV When There's No Electricity?
California wants to replace gas-powered cars or trucks with electric vehicles, but then take away the electricity during wildfires.
Calif. Should Have Been Most-Prepared...Alas, it Wasn't
California's blackouts are a preview of what would come under the Democrats' Green New Deal.
Fact-shaming Michelle Obama's DNC Speech
In her emotion-driven speech to the virtual Democratic National Convention, Obama made several claims that are at best misleading. And if the media won’t do its job in pointing out these contradictions, others have to.
California's Blackouts a Preview of the Green New Deal
As Democrats assure us that we can quickly transition to clean energy, remember California has tried it. Now thousands are sweltering in blackouts.
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