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OpenMarket: Energy

  • House Committee Releases Tax Bill to Extend Electric Vehicle, Wind, and Solar Handouts

    November 22, 2019
    In what amounts to the tax component of the Green New Deal, the House Ways and Means Committee released a draft of its “Growing Renewable Energy and Efficiency Now (GREEN) Act” (summary available here). This draft contains tax credits for a long list of alternative energy-related technologies unable to compete otherwise.  
  • Congress Breaking Promises, Extending Tax Credits for Electric Vehicles, Wind, and Solar

    November 18, 2019
    It is not unusual for Congress to keep extending a supposedly temporary federal program, and that includes the tax credits for electric vehicles and wind and solar electric generation. For this reason, the Competitive Enterprise Institute opposed the 2015 tax extenders legislation despite several members’ insistence that it would be the last such extension, and that these provisions would sunset after a few more years.
  • Free-Market Groups Support Trump Light Bulb Reform

    November 4, 2019
    The Bush and Obama administrations imposed a number of restrictions on light bulbs, but the Trump administration is pushing back on behalf of consumers. Today, the Competitive Enterprise Institute and 13 other free-market organizations filed a comment with the Department of Energy (DOE) in support of these efforts.
  • Trump Administration Challenges Constitutionality of California Climate Pacts

    October 25, 2019
    Just when I thought the Trump administration could not get any bolder in challenging California’s self-anointed power to determine national climate policy, the Department of Justice (DOJ) on Wednesday filed a constitutional challenge to the state’s greenhouse gas emission trading pacts with the Canadian provinces of Québec and Nova Scotia.
  • Stop State Government Abuse of Clean Water Act

    October 21, 2019
    Today the Competitive Enterprise Institute led a coalition letter in support of the Environmental Protection Agency’s proposed rule, “Updating Regulations on Water Quality Certification.” The rule would clarify the scope of the states’ certification authority under Section 401 of the Clean Water Act.
  • Repeal of Trump Power Plant Rule Fails in Senate

    October 18, 2019
    The U.S. Senate today defeated by 53-41 a Democrat-sponsored Congressional Review Act resolution of disapproval that aims to overturn the Trump administration’s Affordable Clean Energy (ACE) rule, which simultaneously repealed and replaced the Obama administration’s so-called Clean Power Plan (CPP).
  • United States, Carbon Tax Laggard?

    October 17, 2019
    The United States “lags” other nations’ use of carbon taxes, ClimateWire (subscription required) reports. Specifically, the United States ranks 40th out of 44 countries in a new Organization of Economic Cooperation and Development (OECD) report examining each country’s combined taxes on carbon-based energy sources. Such “taxes” include cap-and-trade programs, because those policies also put an explicit price on the carbon content of fuels or emissions.
  • California Utility Cuts Power to Avoid Fires Caused by Downed Power Lines   

    October 11, 2019
    Pacific Gas and Electric has intentionally turned off electricity to up to two million people in parts of northern California for hours and days at a time this week. The purpose is to avoid the catastrophic fires caused when high, gusty winds knock down power lines and the sparks ignite tinder dry brush. There were a number of such fires last year; the worst was the “Camp Fire” in Butte County, which destroyed the town of Paradise, California, killed 85 people, and did an estimated $16.5 billion in damages.
  • 'Art of the Deal' Meets Renewable Fuel Standard

    October 11, 2019
    It’s the ultimate dealmaker versus the ultimate dealmaking challenge. President Trump has again sought changes to the Renewable Fuel Standard (RFS) that he hopes both supporters and critics of this program can live with. The previous reform effort granted ethanol producers and corn growers their request to raise the amount of ethanol allowed year-round in gasoline from 10 to 15 percent (E-15), while, on the other hand, giving the refining sector more exemptions for small facilities which serves to lower the overall RFS targets.   
  • Progressive States Petition Court to Declare Trump Pre-emption Rule Unlawful

    September 20, 2019
    ​​​​​​​A California-led coalition of 24 states and three cities today petitioned the D.C. Circuit Court of Appeals to declare unlawful the Trump administration’s One National Program Rule, which finds that California’s motor vehicle greenhouse gas emission standards and zero emission vehicle mandate are unlawful because they are pre-empted by the Energy Policy and Conservation Act.

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