A number of states are exploring new fees for hybrid and electric car owners in order to compensate for the loss of revenue in gas taxes on fuel-efficient vehicles. The proposal is opposed by those who view the new fees as antithetical to one of the touted benefits of owning a hybrid: savings.
The confluence of numerous factors in both Texas and North Dakota is working to help the United States wean itself from dependence on foreign oil, including low taxes, improved technology, and enforced private property rights.
Chancellor Angela Merkel’s “renewable energy revolution” is killing the German economy, but Obama and Greens keep pointing to Germany’s debacle as the model we should follow.
The U.S. Department of Energy says it seized $21 million from the reserve account of hybrid automaker Fisker Automotive when it failed to begin repaying a federal loan.
The announcement by a wind turbine manufacturer that it planned to build more turbines in Ireland failed to mention the 14,000 turbines already lying idle around the globe due to lack of viability or profitability.
New regulations proposed on sulfur content could hike prices at the pump as much as nine cents per gallon.
Australia's new carbon tax has already hiked energy bills for hospitals in one state by 15 percent, forcing them to cut services to pay for it.
A researcher at the International Monetary Fund expressed surprise at the greatly increased production of natural gas due to fracking and the law of supply and demand in a market economy. Those increases are reducing transportation costs and bringing lower prices to American consumers.
Australia's carbon tax, instituted just shy of nine months ago, is already contributing to a record number of business failures Down Under.
With the departure of its founder, Fisker Automotive appears to be on the brink of collapse and bankruptcy, taking with it some $200 million of U.S. taxpayers' money.