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.
Electric vehicles aren't very popular now, and may be even less so if their taxpayer-provided subsidies are cut.
Some conservative Texas lawmakers this legislative session are presenting us with not one but two examples of confusing business protection with free-market support. This is unfortunate, but it may provide an object lesson in the difference between being pro-market and pro-business.
The Trump administration is trying to strike a blow for rational and honest government, so you know it’s getting a lot of pushback.
It's being described as progressive and ambitious, or laughable and silly, but the "Green New Deal" is definitely making headlines regardless of your views on fossil fuels, air travel, and cow flatulence.
Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Ed Markey (D-Mass.) have just released their Green New Deal resolution, which they hope will move America to 100% clean and renewable energy by 2030. Given current U.S. energy requirements and the state of renewable energy technology, it's an impossible goal.
The EPA just announced a plan designed to reduce the number of regulations saddling the natural gas industry. The intention is sound. But the plan won't succeed — as it'll keep many of the rules that are unnecessary and duplicative in place.
Socialism has destroyed Venezuela's energy industry, which cut off one of the country's primary revenue sources. For some reason, U.S. democratic socialists think that's a good model.
President Trump delivers his first State of the Union address before a divided Congress on Tuesday night, where his priorities to unfetter the private sector, rev up economic engines and enhance national security will starkly contrast Democrats’ increasingly socialist-leaning platform.
Rep. Alexandria Ocasio-Cortez (D-NY) is pushing legislation she calls a “Green New Deal (GND)” to eliminate the United States’ use of fossil fuels and replace them with select renewable sources of energy.