The Department of Energy (DOE) approved a license for a Texas facility to export liquefied natural gas (LNG). FuelFix reports:
Energy & Environment
Keystone XL: Real Benefits for Small Businesses
Fracking Rule is a Bad Start for New Interior Secretary
I was hoping Interior Secretary Sally Jewell would pass her first test on fully embracing America’s energy abundance.
“Dust” Up in Northwest Over Coal Exports
The United States is sitting on a lot of coal. If policymakers don’t want it used to generate electricity, we should be able to ship it to countries that want it, right?
Interior Secretary: Hydraulic Fracturing is “Essential”
Interior Secretary Sally Jewell just started her new job, but her department already has an important issue concerning hydraulic fracturing, the technology that’s unleashed America’s energy resurgence. The Interior Department plans to issue rules on hydraulic fracturing on federal lands in a few weeks.
A Tale of Two States: Pennsylvania, New York, and Hydraulic Fracturing
Underneath Pennsylvania and New York state runs the Marcellus Shale, a formation rich with natural gas. The two states’ differing policies on the use of hydraulic fracturing, or fracking, to extract natural gas have created a natural economic experiment. In Pennsylvania, hydraulic fracturing is allowed. New York has had a moratorium on fracking since 2010.
Should a Judge Ask Environmentalists How Best to Punish a Gas Company?
In what surely must be a conflict of interest (just a smidge), a Rhode Island judge is asking environmental groups to offer suggestions on how best to punish a natural gas company.
Isn't that like asking a vegetarian to judge a barbecue contest? They’re not exactly going to be impartial on the matter.
Report: EPA Rules to Shut Down More than 280 Coal-Fired Units
New analysis shows that the coal industry is in for some tough years ahead, as more than 280 coal-fired generating units are slated to be shut down in part due to stricter Environmental Protection Agency regulations.
The American Coalition for Clean Coal Electricity, a partnership of industry groups, reports that the number of coal plants slated for shutdown is fives times greater than the EPA predicted would be forced to shut down due to its regulations.
Why Frac Daddy is the Best-Named Horse in the Kentucky Derby
Tomorrow, at fabled Churchill Downs, they’ll run the 139th Kentucky Derby.
There’s Twice as Much Oil Below North Dakota than We Thought
Don’t expect the energy boom in Montana and the Dakotas to end anytime soon. According to the United States Geological Survey (USGS), the formations below these three states hold double the amount of oil and triple the amount of natural gas than was believed five years ago.
Unions Rally for Keystone XL
Yesterday, a few blocks from the White House, labor unions rallied in support of the Keystone XL pipeline. Sean McGarvey, President of the Building and Construction Trades Department, AFL-CIO asked President Obama to approve it:
Who Wins with Oil and Gas Industry Profits? Government.
At a Politico event on taxes and energy, Senator Debbie Stabenow (D-MI) again pushed the idea that the tax code stacks the deck in favor of oil and gas companies. She said, “We made a policy decision to pick a winner. We picked a winner. They [oil and gas] won. And they’ve been doing great.”
“Shale Gale” is Blowing Across the American Economy
At the U.S. Chamber’s CEO Leadership Series, Thomas Farrell, Chairman, President, and CEO of Dominion Resources spoke about the “shale gale” blowing across the American economy. He discussed how tapping into shale deposits have improved America’s energy security and economic opportunities.
Keystone XL Support Strong at Public Hearing
Despite spring snow, more than 1,000 people stood in line in Grand Island, NE to speak at the only public hearing on the State Department’s latest environmental analysis of the Keystone XL pipeline.
Linda Rozette, Vice President of Communications at the American Petroleum Institute, tweeted a picture this morning:
VIDEO: Members of Congress Speak Out on Keystone Pipeline
Tomorrow, the U.S. State Department will hold the one-and-only public hearing on the Keystone XL Pipeline in Nebraska as part of its ongoing environmental review process. A quick history lesson: The Keystone XL pipeline was first proposed in 2008. In January 2012, even after the project had passed multiple environmental reviews by the State Department, President Obama rejected construction of the part of the pipeline running from Canada to Nebraska on the grounds that it would violate the environmentally sensitive Sandhills area of Nebraska.
U.S. Has Record-Levels of Recoverable Natural Gas
In his Senate confirmation hearing, Energy Secretary nominee Ernest Moniz called the natural gas boom a “revolution.”
No Mention of Keystone XL in President’s Budget
One would think that a President harping on building infrastructure and creating jobs would mention a major project in his budget.
Nixing Nuclear Makes No Sense
Imagine a United States with no operating nuclear plants. Let’s shed some light on this.
Gregory B. Jaczko, former Chairman of the Nuclear Regulatory Commission for President Obama, is calling for the phase out all 104 U.S. nuclear reactors. That would take 19% of the nation’s electricity production offline.
Georgia Coal Plant Rushes to Beat New EPA Emissions Rules
Developers of a coal-fired power plant in Georgia said they are in a “dead sprint” to start building their new plant to be exempted before new Environmental Protection Agency emissions regulations are finalized on April 13.
Special Tax Breaks for Oil and Gas Industry Don’t Exist
Thanks go out to Congressman Chris Van Hollen (D-MD).
Really. This isn't a late April Fools joke. I really mean it.
Through his attempt to raise taxes on our sputtering economy, he helped make the case, as explained by the Institute for Policy Innovation’s Merrill Matthews in the Wall Street Journal, that “special tax breaks just for the oil and gas industry don't exist.”
Public Strongly Wants Keystone XL Pipeline Built
A Pew Research Center poll found that 66% of Americans favor building the Keystone XL pipeline that would move Canadian oil to the United States.
Mark Green at Energy Tomorrow pulls out some stats to show the widespread support:
Abundant U.S. Energy Attracts Foreign Companies
Abundant U.S. energy, courtesy of hydraulic fracturing tapping shale oil and natural gas deposits as well as other sources, is attracting manufacturers from Europe where energy prices are significantly higher.
Customize Your Free Enterprise Experience With the New App
Blocking Coal Exports Will Do Little for Global Greenhouse Gas Emissions, but It Will Hurt Jobs
Energy export opponents received a gift from the governors of Washington State and Oregon this week when they asked the White House to look at the possible effects of greenhouse gas emissions from proposed coal export facilities (like the Gateway Pacific Terminal
Top Aviation CEOs Share Industry Lessons, Outlook at Chamber Summit
While the aviation industry has weathered the recession and is on pace to be profitable this year, it still faces too many taxes and regulations, unstable energy prices, and an outdated air traffic control system, according to top industry CEOs speaking at the U.S. Chamber’s 12th Annual Aviation Summit (Watch the webcast).
Death by a Thousand Paper Cuts
Greenhouse gas rules. Auto mandates. Food safety requirements. Health care decrees.
Welcome to the new age of the super regulator where unelected bureaucrats churn out about 4,000 regulations a year telling you how to run your business.
Party Like It's 1995? Domestic Oil Production to Surpass Imports
Remember 1995? The year that brought us Toy Story and Braveheart, the O.J. Simpson trial, a U.S.
Connecticut Responds to High Energy Costs With…More Taxes?
The U.S Chamber of Commerce Institute for 21st Century Energy recently completed its annual review of each state’s average electricity retail prices (full results available here). The highest average rate in the continental United States belongs to Connecticut, where electricity costs nearly 16 cents per kilowatt hour, or nearly 60% higher than the national average of just under 10 cents.
Friedman Wants People to “Go Crazy” Over Keystone XL; Zakaria Just Wants It Built
The pundits were out in force this weekend talking about the Keystone XL pipeline. One went off the deep end while another used common sense.
For the New York Times’ Tom Friedman, Keystone XL opened up a pipeline of wackiness. He wants anti-energy activists to “go crazy.” We’re talking “chain-themselves-to-the-White-House-fence-stop-traffic-at-the-Capitol kind of crazy.”
Bill Gates Goes Nuclear: Argues that Reactors are Proven Technology
At the IHS CERAWeek conference in Houston, Bill Gates made a pitch for nuclear power:
"The only way to solve the climate challenge is have some source of energy that's economic," Gates told the gathering on Thursday evening.
Reliable Electricity Needs Flexible Fuel Mix
In at the last few years, natural gas has flooded the market making it a valuable fuel for electricity generation, but we live in a global economy where commodities trade across borders and new technology constantly spring up. Fuel prices and availability fluctuates. To prevent price spikes and maintain reliable generating capacity, electricity producers need energy diversity--natural gas, coal, nuclear, hydro, solar, and wind.
Report: Oil and Gas Boom Not Happening on Federal Lands
A Congressional Research Service report finds that the administration deserves zero credit for America’s oil and gas boom. The increase in oil production has been from state and private lands:
Record-Setting Year for American Oil and Gas
Today in Houston, energy experts from across the globe are meeting at the annual HIS CERAWeek conference. FuelFix reports:
Reaction to Report that Keystone XL is Environmentally Sound
In case you were a normal American and finishing up your workweek last Friday afternoon, you may have missed the State Department releasing a draft supplemental environmental impact statement finding that the proposed Keystone XL pipeline
State Department Again Finds Keystone XL Environmentally Sound
The State Department released a draft supplemental environmental impact statement for the Keystone XL pipeline and again found that it wouldn’t ha
Top 5 Job Creating Facts about Energy
This slideshow shows how developing and expanding America's energy resources will improve energy security and create jobs. Share this with your friends.
Regulatory Maze Traps Massachusetts Wind Farm
Oil, natural gas, and coal aren’t the only energy sources weighed down by regulatory agencies. The Cape Wind project off the Massachusetts coast is a classic example of the claim by U.S. Chamber’s Senior Vice President for the Environment, Technology & Regulatory Affairs Bill Kovacs that it’s as hard to build a wind farm in the U.S. as it is a coal-fired power plant.
Study: EPA Underreports Impacts of Air Quality Regulations
A new study commissioned by the U.S. Chamber of Commerce shows that the EPA’s methods for determining the impact of its air quality regulations on jobs are seriously flawed.
VIDEO: We Need a Permitting System that Works
Senator David Vitter (R-LA) and and Congressman Rob Bishop (R-UT) unveiled “The Energy Production and Project Delivery Act of 2013,” a bill that would help meet the growing demand for energy in the U.S.
"Fracking" Debate Hits Home for NY, PA Communities
The oil and natural gas boom brought about by hydraulic fracturing, or fracking, has reignited a national debate over developing the country’s vast energy reserves.
Fracking has become a hot-button political issue across the country, particularly in New York, where the practice faces a four-year ban.
VIDEO: Shale Energy--A Game Changer
In this video, David Chavern, U.S. Chamber Executive Vice President and Chief Operating Officer, explains how shale energy production is transforming America's energy landscape. Because of hydraulic fracturing and horizontal drilling, the United States has access to at least 100 years of domestic shale natural gas and oil at current consumption rates. This increased domestic production means more economic growth, American jobs, and government revenues, with the impact being felt in states with and without shale resources.
VIDEO: Donohue Talks Keystone XL and Immigration Reform
Report: Shale Oil Could Add $2.7 Trillion to Global Economy
Fuel Fix reports that a new 1,000-acre rail yard project is underway in Texas’ Eagle Ford Shale region to accomodate the transportation of oil, gas, and hydraulic fracturing materials:
White House Loves Pipelines Except for Keystone XL
Yesterday, the administration announced that it would cut red tape on the federal permitting and review process for infrastructure projects, and it had the audacity to include pipelines
Not Sitting Still: Energy Industry Continues to Innovate
From the first well dug in Titusville, PA, to Texas oilman George Mitchell's combination of hydraulic fracturing with horizontal drilling, to the use of supercomputers today, innovation has been at the heart of American energy development.
We Must Remove Barriers to Energy Exploration
Editors note: This essay was originally published by McClatchy Newspapers.
Can increasing American energy exploration improve our economy? Yes, but more to the point, it's already happening.
Energy - and the jobs and growth it will drive - is the foundation for our economic recovery.
Regulations, Litigation Force Cancellation of Texas Coal-Fired Power Plant Construction
Opponents of the coal industry won a victory last week when it was announced that the White Stallion coal-fired power plant in Matagorda County, Texas suspended development, partly due to litigation costs and potential federal environmental regulations.
“We have decided to ask the Travis County Court for a stay in the litigation against our … air permit through December of this year,” Randy Bird, COO for White Stallion, told STATEIMPACT TEXAS. “Our air permit extension expires then. If the stay is granted, we will not commence construction while the stay is in effect.”
Labor and Industry Agree: Keystone XL Means Jobs and Energy Security
It’s not a good sign when the biggest news from your protest is how many people showed up—or didn’t show up. That’s the lede of the Toronto Globe and Mail’s coverage of a Washington, DC protest against the Keystone XL pipeline:
INFOGRAPHIC: The North Dakota Oil Boom
Once North Dakota was best known for the movie Fargo. Today, it’s a booming state with a strong economy and low unemployment because of the energy resources beneath its citizens' feet. North Dakota serves as a good lesson for other states. The infographic below shows the growth in jobs and population:
Keystone XL Puts President in Political Bind
The Washington Examiner’s Byron York notes the political bind President Obama is in over the Keystone XL pipeline:
Energy is a Boom for Manufacturers
In the State of Union Address, President Obama talked about helping American manufacturing create more jobs, and he talked about the important of increased energy development. I want to make the case that they’re intertwined.
Energy Development = Economic Growth (Just Ask North Dakota)
When it comes to energy, Washington could learn a lot from North Dakota. Leaders in government and business have come together to safely and responsibly develop the state’s vast natural resources. As a result, North Dakota is at the epicenter of a shale energy boom and is reaping enormous economic benefits.
Help Shape the Conversation in Advance of #SOTU
The president will outline his second-term agenda during his State of the Union speech on Tuesday night. With 23 million people unemployed, underemployed, or who have stopped looking for work, the American public wants to hear from the president about policies that create jobs. Below are shareable tweets about each item in the Chamber’s Jobs & Growth agenda. Although the message in each tweet is important, we are asking our readers to select those they think are the most important to the future of the U.S. economy by retweeting them.
State Department Makes Case for Oil Pipeline from Canada
Secretary of State John Kerry will have his first meeting with his Canadian counterpart, Canadian Foreign Affairs Minister John Baird. One of the topics expected to come up is the Keystone XL pipeline.
Economic Outlook Provides Few Bright Spots
The U.S. economy is still far from where it needs to be to see real GDP growth of over 4% and put people back to work, said U.S. Chamber Chief Economist Marty Regalia.
“We’re not making headway,” Regalia said during the Chamber’s quarterly economic briefing on February 8. “Yes, we’re doing better than four years ago, but we’re not doing anything to get it back to where it was before the recession.”
With or Without Keystone XL, Canadian Oil Will Flow
TransCanada, the company behind the Keystone XL pipeline project, isn’t waiting for the administration to approve the pipeline. They’re determined to move Canadian oil to global markets and have proposed a pipeline project going east:
Hazed and Confused: Arizona Fights Anti-Coal Regional Haze Rules
How does an effort to improve the beautiful views at national parks magically turn into a tool in the war on coal? It happens when EPA and environmental groups use a “Sue and Settle” strategy to override state environmental efforts and impose the agency's more-expensive rules.
OUTRAGE: Government Bias is for the Birds
The Migratory Bird Treaty Act is one of the oldest wildlife protection laws, but despite its longstanding status, the application of the law seems to have its enforcers confused, to put it politely. Where the federal government has aggressively pursued fines for oil and gas companies that have inadvertently killed migratory birds, it has routinely looked the other way for other industries guilty of the same crimes.
Study Claims Government Underestimated the Benefits of Opening Federal Lands to Drilling
A new study finds that the benefits of opening more federal lands to oil and natural gas drilling would produce vastly more economic benefits and tax revenues than previous government estimates show.
Calling Penalties on Feds for Energy Delays
If the federal government were a team playing in the Super Bowl, the referees would be throwing delay of game penalties left and right. On moving oil and coal, their actions are more about slowing things down than removing unnecessary obstacles.
The North Dakota Example
North Dakota does not top the list of exotic, sunny locales that you’d want to visit in January. But Chamber President and CEO Tom Donohue braved the -17 degree temperatures (-34 with the wind chill) to see firsthand why North Dakota is one of the most economically successful, innovative, and well-run states in the nation.
Feedback: Free Enterprise, Raisin Regulations, Energy
FreeEnterprise on Twitter
The economy may be going down the tube, but nothing will kill free enterprise —@david_a_george via Twitter
Shale of the Century
This isn’t the first time that Hondo Railway has experienced an energy boom. But it might be the one with the biggest impact on the 32-year-old company.
“This is Texas. Oil booms come and go, so there’s a cautious approach to how long it will last, or if it’s here to stay,” says Miles Lee, vice president of operations at Hondo Railway.
Energy: A Priority in the President's Second Term?
At the end of 2012, President Obama declared that domestic energy production would be a top priority in his second term. He said, “We’ve got a huge opportunity around energy. We are producing more energy, and America can become an energy exporter.”
VIDEO: Shale of the Century
Ones to Watch: Key Players on Capitol Hill in 2013
Here’s a glimpse at a few key players in the 113th Congress who will have a role in determining the fate of such issues as energy development, comprehensive tax reform, and financial regulation.
EPA Turns Lights Off on Texas Power Plant Project
Donohue at Davos: Energy Can Be a Fiscal Fix
From the snow-covered mountains of Davos Switzerland, site of the World Economic Forum, U.S.
North Dakota Senator: States Should Lead on Energy Regulation
Washington Post and Business Owners Back Keystone XL Pipeline
By approving a new route through Nebraska, Governor Dave Heineman pulled the Keystone XL pipeline back into the news. The permit approval ball is now in the administration's court.
In an editorial today, the Washington Post supports building the Keystone XL pipeline:
Shale Energy is Star of FrackNation
“Hydraulic fracturing” sounds ominous, right? You’re not really sure what it is, has a lot of syllables, and sounds scary. In 2010, the documentary Gasland played off that lack of knowledge to make hydraulic fracturing into a villain that caused well water to be set on fire, made people sick, and even caused earthquakes.
Sierra Club Will Oppose Keystone XL with Civil Disobedience
How much does the Sierra Club hate the Keystone XL pipeline? They hate it so much that for the first time in the organization’s 120-year history it will engage in a one-time use of civil disobedience (i.e. getting arrested) to stop construction of the pipeline.
Nebraska Governor Approves New Keystone XL Pipeline Route
Nebraska Governor Dave Heineman approved a new route through his state for the Keystone XL pipeline. In a letter to President Obama and Secretary of State Hilary Clinton, Heineman wrote, “Construction and operation of the proposed Keystone X
American Jobs and Growth Agenda, Part 2: Expand American Energy
I previously covered why it’s so important for the federal government to deal with its fiscal problems. The next pillar of the U.S. Chamber’s American Jobs and Growth Agenda I’ll cover is energy. In his State of American Business address, U.S.
American Jobs and Growth Agenda
At the U.S. Chamber of Commerce, we begin the New Year by looking at how American business is doing, discussing the key challenges facing our economy, and identifying the top priorities we plan to work on.
LNG Exports Make a Lot of Sense
Not so many years ago, America was anxiously building new import liquefied natural gas (LNG) terminals so that we would have adequate supply. Today is quite different. As U.S. Chamber President and CEO Tom Donohue noted in the State of American Business address, the United States is “now the largest single natural gas producer in the world,” and is now in “a position to export liquefied natural gas.”
Keystone XL Pipeline Must Be Built
In his State of American Business address, U.S. Chamber President and CEO Tom Donohue declared that the Keystone XL pipeline "must be built." It's been almost a year since President Obama rejected construction of the pipeline that would move oil from Alberta, Canada to U.S. refineries.
U.S. Chamber President: Debt Is Greatest Threat
Despite some improvement in business conditions in 2012, the U.S. economy is simply not growing fast enough to create jobs, lift incomes, expand opportunities, or contribute significantly to government revenues in order to reduce trillion dollar deficits, U.S. Chamber President and CEO Tom Donohue told a packed audience during his annual State of American Business address.
API President: Strengthen American Energy with Good Policies
At his annual energy speech, Jack Gerard, President and CEO of the American Petroleum Institute, described the state of American energy as one of more jobs, economic growth, and improved energy security.
It’s Great to Have a Job… Unless You Work at a Coal Power Plant in Georgia
When it comes to coal-fired power plants, 2013 is much like 2012. EPA regulations are playing a key role in the closure of a number of Georgia power plants. Conn Carroll at the Washington Examiner writes:
Our Energy Wealth: Past and Future Decades of Bounty Energy Policy in an Age of Abundance
This article first appeared in Business Horizon Quarterly, a publication of the National Chamber Foundation.
Shale We Dance?
This video of natural gas wells sprouting up like mushrooms across Pennsylvania is making the rounds of the blogosphere (both Mark Perry at AEI and Steven Hayward at Power Line link to it). We can thank shale energy for this burst of job-creating activity.
Dissecting America's Big Issues
I had the opportunity to lead a discussion with the current crop of scholars and fellows at the U.S. Chamber's Forum for Innovation. They spoke about their research projects on issues impacting free enterprise, the U.S. economy, and the business community. Here is an edited version of that conversation.
FreeEnterprise.com: Nick, tell us a little bit about the program and what you’re working on these days.
How to Make Energy a Priority in President Obama’s Second Term
Over the weekend, President Obama laid out some priorities for his second term. One of them is energy:
You know, we've got a huge opportunity around energy. We are producing more energy and America can become an energy exporter. How do we do that in a way that also deals with some of the environmental challenges that we have at the same time?
Energy Boom Means New Infrastructure Spending
We know that shale energy creates jobs--lots of them--even in states where there isn’t active oil and natural gas development.
The 3 P’s of Manufacturing Success
A colleague of mine recently said, “If U.S. manufacturing cannot compete in the world, the U.S. cannot compete.”
EPA Sets More Achievable Standards on Boiler, Cement Regulations
The Environmental Protection Agency (EPA) finalized rules that set emission limits for air pollutants from industrial boilers and process heaters used by a wide range of manufacturers. In addition, the EPA issued final rules for emission standards for cement plants and related solid waste incinerators.
Study: All States Benefit From New Energy Sources
States that produce oil and gas and even those that don’t are reaping the benefits of the unconventional oil and gas revolution, according to a study sponsored by the U.S. Chamber of Commerce Institute for 21st Century Energy and conducted by the global research firm IHS-CERA.
New York Times Backs Natural Gas Exports
Raymond Keating, chief economist for the Small Business and Entrepreneurship Council explains why exporting liquefied natural gas (LNG) makes sense:
Coal Can Be a Fuel of the Future
America has embarked on an energy revolution that will create millions of jobs, bring more manufacturing to the United States, reduce our reliance on foreign sources, and generate hundreds of billions in revenue and help reduce deficits. It’s an exciting future, and coal can and should play an important role.
Coal is our largest source of domestically produced energy. We’ve got some 263 billion short tons of recoverable coal, which is roughly a 234-year power supply at current consumption rates.
U.S. Intelligence Experts Predict Shale Will Improve American Energy Security
In a report on global trends through 2030, the National Intelligence Council estimates that oil and natural gas produced from shale and other unconventional sources will improve America’s energy security. ABC News reports:
Report Finds that Natural Gas Exports Would Help Economy
I’m feeling all Martha Stewart. A government-commissioned study finds that exporting natural gas would be a good thing.
A U.S. Manufacturing Strategy
This article first appeared in Business Horizon Quarterly, a publication of the National Chamber Foundation.
$19 Billion Anti-Chevron Lawsuit Heard by Canadian Judge
Last week, a Canadian Superior Court judge heard arguments in a $19 billion legal battle between Chevron and a group of trial lawyers representing Ecuadorian villagers and expressed doubts over whether or not he could issue a ruling on the case.
U.S. Oil Production Hits 14-Year High
America’s energy boom shows no signs of letting up. The Energy Information Agency announced that September’s crude oil production reached 6.5 million barrels per day, the highest level since 1998.

Shale development in Texas and North Dakota using hydraulic fracturing is leading the way.
Despite Benefits, Hydraulic Fracturing Continues to be Target of Federal Regulators
We have more evidence of the benefits from hydraulic fracturing and the natural gas produced from it, yet federal regulators continue their obsession with regulating it.
Putting Carbon Dioxide to Work
Innovation is helping increase American energy production. A prime example is hydraulic fracturing, which is the reason for oil and gas booms in North Dakota, Pennsylvania, and elsewhere.
Shale Energy Boom Creates Growth, Jobs
Congressmen Back Energy Development in Fiscal Cliff Debate
As work continues in Washington on avoiding the fiscal cliff, tax increases and automatic spending cuts set to hit the economy in January, two Congressmen sent a letter to Speaker John Boehner (R-OH) asking him to make domestic energy production part of the solution. Congressman Rob Bishop (R-UT) and Congressional Western Caucus Chairman Steve Pearce (R-NM) wrote:
Energy Boom Fuels American Manufacturing
Natural gas is more than just fuel for ovens baking delicious Twinkies. It and oil produced from shale could be the catalyst for American manufacturing.
In the Wall Street Journal, Carlyle Group co-founder and co-CEO William E. Conway, Jr. writes that energy is one reason why he’s bullish on the United States:
A New Era of Energy Abundance
This Thanksgiving, as American families count their blessings, we as a nation should also give thanks for what we have—an abundance of affordable, accessible, and safe energy. It could revitalize America’s economy, create millions of jobs, help reduce our deficit, and lessen our dependence on foreign sources.
Natural Gas Abundance Powers Jobs and Investment
A Washington Post story reports on billions of dollars in expected new investment because of increased natural gas production from shale:
The Third Bucket of Fiscal Cliff Negotiations
Most of the discussion in Washington about deficits and debt has been focused on two buckets—spending, including big ticket items of entitlements and defense, and taxes. But U.S. Chamber President and CEO Tom Donohue says that a third bucket should be added to the mix – energy development.
U.S. Oil Output to Overtake Saudi Arabia’s by 2020, IEA Says
Nov. 12 (Bloomberg) -- U.S. oil output is poised to surpass Saudi Arabia’s in the next decade, making the world’s biggest fuel consumer almost self-reliant and putting it on track to become a net exporter, the International Energy Agency said.
Interior Department Blocks Oil Shale Development
The disconnect between the administration’s “All-of-the-Above” energy rhetoric and actual policy looks like it’ll continue now that President Obama was reelected. The Hill reports that the Interior Department plans to block 1.6 million acres of federal land from oil development:
Here’s a Bad Idea: Costly New Energy Regulations
Two former EPA administrators hope the President’s second term means more rules and regulations to tie down energy use and its production. Talk about bad ideas.
GUEST COLUMN: Offshore Energy Development Offers Huge Employment Potential
With the release of the final jobs report before the election, pundits are again turning their attention to the current state of employment in the United States. Do the numbers mean we are in an economic recovery or still in the throes of an economic downturn? What implications does this have for the elections?
Economy Hemorrhages Mining Jobs
A stat in the October job numbers that popped out to me was the 9,000 mining jobs lost in one month. Lachlan Markay at The Heritage Foundation noted that according to the Bureau of Labor Statistics, mining jobs have decreased by 17,000 since May.
That means over half of those mining job losses happened in one month.
Yikes!
EPA's War on Coal Continues
The EPA's war against coal and by extension, jobs, continues to roll on, with more and more companies announcing closures and layoffs.
The EPA's vendetta against coal knows no bounds and defies all logic, according to the editorial board of The Intelligencer/Wheeling News-Register.
“With encouragement from President Barack Obama, the EPA has launched a no-holds-barred war on coal -regardless of who gets hurt in the process.”
The U.S. Energy Boom in Four Charts
The first two come from Energy Information Agency data.
Here's recent oil production:

And here's recent natural gas production:

Shale Energy Is Powering Growth and Jobs
Shale energy—natural gas and oil extracted from rock formations—is a game changer for the American economy and our energy future. Why? Because the shale revolution is already driving tremendous job creation, energizing our sluggish economy, and pumping greater revenues into government coffers. And shale can significantly strengthen our energy security and move us toward North American energy independence.
VIDEO: We Must Put Our Vast Energy Reserves to Work for Our Economy
Karen Harbert, president and CEO of the U.S. Chamber’s Institute for 21st Century Energy (Energy Institute) talked to Fox Business about a new IHS report that found that 1.7 million jobs are being supported by shale oil and natural gas development this year with 3.5 million total jobs expected to be created by 2035.
U.S. Energy Security Continues to Get Worse
Higher and volatile energy prices and a jump in U.S. import expenditures driven by the spike in the price of oil has made America’s energy security more fragile than ever.
The U.S. energy security risk rose to a record high score of 101.3 in 2011, according to the Energy Institute’s most recent Index of U.S. Energy Security Risk released today. It marks the second year in a row of rising risk and only the third year on record that the index registered a risk score of 100 or above since 1970.
All Hail Shale
Until a few years ago, only geologists would get excited about shale, but today this type of rock is the source of America’s energy boom benefiting states like Pennsylvania, Texas, and North Dakota. According to a new study, it’s generating millions of jobs right now with millions more to come. Bloomberg reports:
Heavy Water: EPA, Justice Impose Regulations Through Court Settlements
There’s a new Aquaman and Aqualad dynamic duo out there, but instead of fighting crimes, they are fighting cash-strapped cities and mayors, according to this item in the Wall Street Journal.
Daryl Hannah Sticks to Anti-Energy Script and Gets Arrested
Anti-energy activists appear not to know when they’ve lost a battle.
The southern leg of the Keystone XL pipeline, which will deliver crude oil from Oklahoma to Texas refineries, has won the support of President Obama (the president’s footdragging on the northern leg of the pipeline is another matter). The project has obtained permits from the Army Corps of Engineers. And it has withstood legal challenges in the Texas courts.
Administration Is a Runaway Bride When it Comes to Energy Exports
The U.S. Department of Energy (DOE) has suddenly developed a case of cold feet when it comes to one company’s plans to export natural gas.
In May, DOE approved the first new export permit in years, allowing Cheniere Energy to export liquefied natural gas (LNG) from the company's Sabine Pass LNG terminal in Southwest Louisiana.
But DOE recently announced that it needs more time to consider a Sierra Club complaint against Cheniere’s plans. The environmental group charges that a more stringent environmental impact assessment needs to be done.
Mexico Tops International Energy Security List
Mexico is the most energy secure country among the 25 largeest energy users, according to a groundbreaking new report by the U.S. Chamber’s Institute for 21st Century Energy (Energy Institute).
INFOGRAPHIC: The Oil-Rich Bakken Region
How well is the shale energy boom treating North Dakota? It’s unemployment rate is 3% (as of August 2012), they're producing over 700,000 barrels of oil daily, and as Al Martinez-Fonts, Senior Vice President of the National Chamber Foundation and Executive Vice President of the U.S.
Business Leaders are Optimistic Fiscal Woes Can be Fixed
At a panel discussion on the top political and policy issues affecting the business environment, business leaders expressed unanimous optimism that U.S. economic competitiveness can be restored—because lawmakers have no choice but to tackle challenges like the fiscal cliff, tax reform, and energy.
How Much Higher Would Unemployment Be Without the Energy Boom?
It’s good to hear that America’s energy sector was mentioned prominently in Wednesday night's Presidential debate. It’s important to be reminded that this sector is the highlight of an otherwise dreary economy.
3 Ways the Administration Can Actually Take Action for National Energy Action Month
I bet you didn’t know it was National Energy Action Month. Until today, neither did I.
QUICK POLL: What topic would you have asked the presidential candidates about during the debate?
Private Sector Creating Oil and Natural Gas Jobs All Over the Place
The American energy story over the last few years is innovation and technology creating jobs and improving America’s energy security, and it's working. In August, oil and gas jobs increased by nearly 12% from the year before due to natural gas and oil in North Dakota, Texas, Ohio, Pennsylvania, and elsewhere being extracted with hydraulic fracturing.
U.S. Oil Production Hits 15-Year High. But Don’t Thank the Federal Government
Good news! The U.S. is at its highest in oil production since 1997. American Enterprise Institute’s Mark Perry writes:
House of Representatives Should Stand Up for Coal
Dear Feds: Hands Off Hydraulic Fracturing
The Bureau of Land Management (BLM) proposed new rules on hydraulic fracturing to extract oil and natural gas on federal and Indian lands. I guess after watching EPA and the Department of Transportation go after shale energy, they wanted to get in on the action too.
Permitting Process Knocks Wind out of Wind Energy
In theory, there’s a huge amount of wind power available on the earth’s surface and even more so in the upper atmosphere. How much? Twenty-two hundred terawatts according to a new study. That's more than 100 times the power used by all humans right now.
“All-of-the-Above” Should Be More than Political Talk
National political conventions are moments once every four years when the two major parties let voters know where they stand on issues. In their platforms, both the Republicans and the Democrats mention the importance of energy to America’s economy and energy security, and they both use the words “All-of-the-Above” when talking about energy policy.
Growing the Magic City in North Dakota
Not the Energy Boom the Administration Expected
Energy happens to be one of the bright spots of the economy. Thank hydraulic fracturing for allowing energy companies to tap into America’s vast shale reserves and create jobs. Bloomberg reports:
Hey, EPA, Get a Clue!
“Insanity” has been defined as doing the same thing over and over again and expecting a different result. The folks at the Environmental Protection Agency must not be up on that definition as they keep churning out one unlawful and burdensome rule after another—and federal courts keep striking them down.
Ironic Obstacle to Renewable Energy: Environmental Groups
California writer Steve Stein illustrates how environmental groups, of all people, make it hard to build renewable energy projects. In short, they generally love the idea of them powering America, but especially at the local level, they fight specific projects.
First, renewable energy projects have been lauded as the future of energy by some environmental groups. Stein writes:
Alaska Explores Shale Oil Development
Seven strikes, you're out? EPA court defeats keep piling up
It’s been a tough year in the courts for the EPA, according to an American Action Forum “scorecard” counting at least six job-killing-economy-slowing EPA regulatory actions that federal courts have struck down. We might add a seventh to AAF’s list – the U.S. Supreme Court’s decision in Sackett v.
Shale Boom Causes Hotel Boom and Rail Upgrades
What’s most visible from America’s shale boom is the increase in domestic oil and gas production and the energy jobs created. But let’s not ignore shale energy’s halo effect--economic benefits that occur because of the boom. Here are some examples.
Hotel construction in North Dakota is thriving [via Mark Perry]:
EPA Anti-Coal Regulations May Create a Less-Reliable Power Grid
Historically, coal has been used more than any other fuel source to generate electricity in the U.S. For a long time, we’ve seen EPA anti-coal rules threaten the reliability of the electrical grid.
Poll Finds Strong Support for Oil and Gas Development
A new poll by Harris Interactive for the American Petroleum Institute (API) shows strong public support for energy development and its ability to create jobs and improve the economy.
The poll finds that 90% of voters believe more domestic energy development will lead to more jobs, more than seven in ten voters support more oil and natural gas development, and by more than a two-to-one margin (65% to 32%), voters oppose raising taxes on the oil and gas industry because they know that’ll hurt consumers.
Here are some other findings:
The Shale Energy Boom Has Just Begun
Don’t expect the shale oil and gas boom to slow down anytime soon. North Dakota is the number-2 oil-producing state (behind Texas), and the head of the state mineral department said they’ve only just begun to develop the Bakken Shale formation located there:
Transportation Department Helps EPA Attack Hydraulic Fracturing
Here’s another example of a mixed message coming from the administration that touts an all-of-the-above energy policy
The Department of Transportation (DOT) recently reinterpreted a rule to go after trucks that deliver materials to oil and natural gas drilling sites that use hydraulic fracturing. The Washington Free Beacon reports:
U.S.-Brazil Energy Partnership Offers Great Potential
The U.S.-Brazil energy partnership has the potential to foster energy security, economic growth, and job creation—priorities for both countries. Reflecting this shared vision, President Barack Obama and Brazilian President Dilma Rousseff last year launched the U.S.-Brazil Strategic Energy Dialogue (SED), a presidential-level mechanism to strengthen bilateral cooperation in this area.
Report: Oil and Gas Reserves Growth Fastest on Record
We know shale energy has been booming across the country, but a new Energy Information Administration (EIA) report finds that unconventional energy development has driven an amount of growth in U.S. proven oil and natural gas reserves never seen in the history of the agency.
According to data recently compiled for 2010, proven oil reserves rose by 12.8%, and proven natural gas reserves rose by 12%.
Europeans Trying to Squeeze Cash Out of Airlines
The European Union (EU) wants to slap a new carbon emissions tax on airlines that fly into their airspace. Steve Eule, Vice President at the U.S. Chamber’s Institute for 21st Century Energy points out the absurdity of this:
Anti-Energy Protesters Just Say No to Shale Energy
This past weekend, anti-energy activists marched in Washington, DC, to oppose hydraulic fracturing, the technology that has unleashed an oil and natural gas boom in the U.S. Judging from the speakers listed on the event’s website and the Washington Free Beacon’s report, it was more about scaring the public rather than offering a fair look at how shale energy is powering job creation, economic growth, and improved energy security.
Shale Boosts Economy, Lowers Energy Costs
There’s an economic boom occurring in pockets of the United States, and these areas happen to be where shale oil and gas development is moving full steam ahead. And the benefits are quickly spreading in the form of lower energy costs, job creation, and economic growth.
Owing to technological breakthroughs, energy producers are now safely and responsibly unlocking immense natural gas and oil supplies in North Dakota, Pennsylvania, West Virginia, and Ohio, with more states on the horizon.
More Offshore Drilling Means More Jobs
Despite the hurdles this administration has put in front of the oil and gas industry, it leaps ahead in creating much-needed jobs. In 2011, it created nine percent of all new jobs.
Shale Boom Creates “Sand Millionaires”
The benefits from shale energy development extend beyond where the natural gas and oil are being extracted. Beyond Pennsylvania, Texas, and North Dakota, jobs are being created. A Youngstown, Ohio steel plant is making pipe for natural gas rigs. Chemical companies have more natural gas feedstock and can pass savings to other industries that use their products.
3 Ways to Get Informed about Business Environmental Innovations
The Business Civic Leadership Center is holding The Role of Business in Environmental Innovation Working Meeting today and releasing a report. This post is cross-posted from BCLC’s blog.
An Energy-Rich North America
A report from the Manhattan Institute’s Power and Growth Initiative sets the bar high for the potential from increased North American energy development. Author Mark Mills writes:
Expanding hydrocarbon production may be the single most important opportunity for near-term economic growth in North America and a beneficial resetting of energy geopolitics.
States Overcome the ‘New Normal’
While the national economy is slowly expanding and adding private sector jobs, some states are doing better than others. Still, others are poised for greater future economic success because of pro-growth policies, according to the latest edition of the U.S. Chamber’s annual Enterprising States study.
Sierra Club Hires “Crucify” Al Armendariz
It’s pure speculation, but I think I know why former EPA regional administrator Al Armendariz visited the Sierra Club’s Washington, DC, offices on the same day he missed testifying before a House of Representative committee about his caught-on-video comment about “crucifying” oil and gas companies.
Job interview.
Offshore Leasing Plan Ignores Job Opportunities
The Obama administration’s energy strategy can be best described as “All-of-the-Above” In Name Only (AINO), because they like saying “all-of-the-above” a lot while not actually employing all of our nation’s energy resources.
Is the EPA Failing Small Businesses?
Congress passed the Regulatory Flexibility Act (RFA) in 1980 to give small entities a voice in the federal rulemaking process. Put simply, the RFA requires federal agencies to assess the economic impact of a planned regulation on small entities, and if a rule is determined to have a “significant economic impact on a substantial number of small entities,” (SEISNOSE), the agencies must consider alternatives that would lessen those impacts.
Trans-Alaska and Keystone XL: A Tale of Two Pipelines
Happy belated birthday to the Trans-Alaska Pipeline (TAPS). On June 20, 1977, oil started flowing from Prudhoe Bay to Valdez, Alaska.
Sen. Lisa Murkowski (R-AK) noted that TAPS has “delivered more than 16.6 billion barrels of oil” and “more than $171 billion in revenues to the state treasury.”
Regulations Reduce Energy Diversity
Stephen Hayward at AEI points to an Energy Information Agency report showing electricity production shifting from coal to natural gas.
Natural Gas Can Deepen U.S.-Israel Commercial Ties
Israel recently discovered world-class natural gas reserves off its coast, presenting a range of new possibilities for the country – economic, strategic, and political. This news presents the nation with an opportunity to strengthen its energy sector while introducing a new revenue stream. Since Israel does not have the infrastructure in place yet to access and refine its natural gas resources, it has turned to U.S. private sector expertise.
VIDEO: North Dakota’s Successful Energy Story
Energy is making North Dakota an economic success story. With the news last week that the state’s unemployment rate is an amazing 2.7%, local blogger, Rob Port, wrote, “Unlike every other state in the union, North Dakota doesn’t need to ‘create jobs.’ North Dakota needs to convince people to move here to take the jobs we have.”
EPA’s Sleight of Hand on New Soot Regulations
How does EPA propose the most restrictive standards ever issued for particulate matter and claim that 99% of all U.S counties will be in attainment without any further action?
Guest Column: Utility MACT Would Make Affordable Energy a Memory
What Energy Diversification Means for the Middle East
Last month, Saudi Arabia announced plans to invest $109 billion in solar energy which would amount to a third of the Kingdom’s total power generation. Morocco, Egypt, Jordan, and Algeria have initiated decade-long energy plans that will allocate another $25-45 billion in combined investments in wind, solar, and nuclear energy to power 10-20% of their energy portfolios by 2020. They plan to sell the electricity generated through these clean energy projects to the European Union at a premium cost.
Taking Nuclear Waste Storage Seriously
While President Obama has at various points professed his support for nuclear energy—a clean, efficient source of power-- his administration’s actions have at times belied that support. One of the most obvious example is the Obama administration’s handling of nuclear waste.
Fracking in Ohio Sparks Commercial Property Rebound: Mortgages
June 11 (Bloomberg) -- The clamor of bulldozers on a patch of former farmland in rural Carroll County, Ohio makes Glenn Enslen, the county’s economic development director, feel “like an eight-year-old kid on Christmas morning,” he said.
North Dakota Relying More on Railroads to Move Oil
The North Dakota oil boom continues to rely more on railroads to move oil out of the state. The Houston Business Journal reports [emphasis mine]:
Phillips 66 plans to buy as many as 2,000 railroad tank cars to ship oil from shale fields to its refineries, another indication that the shale boom is shaking up the U.S. energy industry, Reuters reports.
Armendariz Chose the Sierra Club Over Talking to Congress
Al Armendariz, former EPA Regional Director who resigned after a video surfaced where he said oil and gas companies should be crucified, bailed on a House of Representatives hearing investigating EPA enforcement overreach.
Being Green is Both Easy and Cost-Effective
Q: It seems everyone is talking nowadays about being “green”. Other than recycling, what are some practical steps I can take to make my business more environmentally friendly?
GUEST COLUMN: EPA Greenhouse Gas Rules Would Stifle Energy Innovation
When it comes to energy regulatory oversight, businesses are looking for a few general themes:
VIDEO: EPA Official Says, “If You Want to Build a Coal Plant, You Got a Big Problem”
When EPA released its proposed greenhouse gas standard, I noted they pick winners and losers. Power plants fueled with natural gas won out over coal-fired. Sen. James Inhofe's (R-OK) office released video of EPA Region 1 Administrator Carl Spalding at a conference earlier this year, confirming this.
“No” Doubt About It, the Sierra Club is Anti-Energy
After days of pain-staking research and talking to numerous sources, I was tipped off to the new viral video the Sierra Club plans to release:
Sources tell me this was the runner-up:
A Case Study in Harmful Regulatory Uncertainty
Here’s a real-world example of a regulatory agency’s bad decision that could send a chilling effect across the country.
In March, Sheldon Richman explained a run-in between EPA and Mingo Logan Coal Company, a subsidiary of Arch Coal, over the Spruce No. 1 mine in West Virginia:
CEO: Washington Must Lead on Energy
Nick Akins is CEO of American Electric Power (AEP), one of the nation’s largest electricity generators with more than 38,000 megawatts (MW) of generating capacity, serving more than 5 million retail consumers in 11 states in the Midwest and South Central areas of the country.
Akins sat down with FreeEnterprise.com during a visit to the U.S. Chamber to discuss energy policy and innovation. (Scroll down or click here for video of the interview)
Could a New MOU Mean Keystone XL Will Be Expedited?
Free Enterprise recently interviewed Nebraska Gov. Dave Heineman for a story on our upcoming Jobs Summit here at the Chamber on June 13.
Environmental Groups Say "No" to Job-Creating Energy Exports
Energy exports have been a highlight of our sputtering economy. In 2011, petroleum products were the top U.S. export, and coal exports have doubled since 2006. Environmental extremists hope to squash that success by blocking opportunities for continued energy exports.
Natural Gas Became the Sierra Club’s Enemy Once We Started Using It
If you didn’t catch this morning’s Driving the Day, you missed this Wall Street Journal editorial on the Sierra Club’s war on natural gas.
'Unconventional Energy' Will Soon Be Conventional
Stephen Hayward of the America Enterprise Institute looks at the recent boom in domestic natural gas production:
Are We Reaching America’s Moment?
This article first appeared in Business Horizon Quarterly, a publication of the National Chamber Foundation.
White House Refuses to Honor American Fossil Fuel Exporters
The administration honored 41 companies and organizations today at the White House for their contributions to increasing American exports.
Interior Department Trots Out Old Idle Leases Argument
The Department of the Interior (DOI) trotted out a report claiming oil and gas companies are dawdling around and not developing oil and gas leases on federal land.
Energy Politics
A Pew poll taken in April found that 61% of voters listed energy as “very important," and in March, Rasmussen Reports found that 54% of likely voters said energy was a “very important” issue. With energy and gas prices on voters’ minds, the American Petroleum Institute (API) today released a report,
Coal Now Conspicuously Present
FreeEnterprise.com gets results!
Hours after I posted on how coal was conspicuously missing from President Obama’s campaign energy infographic, “Clean Coal” magically appeared.
Was this coincidence?
Coal Conspicuously Missing
Lonely at the Top on Keystone
Here's a song to help President Obama who might be feeling lonely when it comes to the Keystone XL pipeline. Rich Trumka, president of the AFL-CIO, backs it, and Warren Buffett said, “It makes sense.”
Sierra Club Declares War on Natural Gas
Beating up on coal, America’s most-used source for electricity, wasn’t enough for the Sierra Club. They now declared war on natural gas. From National Journal :
The Sierra Club is intensifying its natural-gas reform campaign and renaming it “Beyond Gas,” a spin-off of its decade-old “Beyond Coal” campaign seeking the phaseout of coal-fired power plants.
Proposed Federal Rules on Fracking Cause for Concern
Today, the U.S. Department of Interior released proposed regulations from the Bureau of Land Management's (BLM) regarding well construction and hydraulic fracturing on federal and tribal lands. These regulations are significant because they represent the first attempt by the federal government to regulate hydraulic fracturing. While these regulations appear to be less extreme than earlier leaked versions, they remain deeply troubling.
An Epilogue to “Crucify” Al
Monday feels like forever ago when Al Armendariz resigned as an EPA Regional Administrator after his “crucify” oil and gas company comment zipped around the internet. Today, both the Washington Post and Wall Street Journal tackle what his comments mean for the agency.
First the Washington Post’s editors:
Don’t Monkey with Affordable Electricity
Maria Tworek’s bar, the Brass Monkey Sports Bar in Omaha, NE, like every other small business, relies on electricity. As she puts it, if their coolers aren’t keeping the beer cold “we don’t make money. We have no business.”
Energy, Health Care, Regs Debated
Regulations
There is something sick about people who love to control other people with regulations. —Betty Hickman via Facebook
EPA Administrator Resigns Over "Crucify" Comment
The AP reports that EPA Regional Administrator Al Armendariz resigned after taking heat for comments that he said his office’s philosophy was to “crucify” oil and gas companies:
CEO: Lessons to be Learned on Energy Policy From Rock-and-Roll Legends
Nick Akins grew up wanting to be a drummer in a rock-and-roll band.
So it’s no surprise that the head of American Electric Power (AEP) dropped a few references to Bob Dylan and George Harrison during his speech at the U.S. Chamber. And, like the rock stars he once idolized, Akins spoke before a packed house of 500 attendees at the April 26 event co-hosted by the Institute for 21st Century Energy and the National Chamber Foundation.
EPA Official Has History of Unfair Attacks on Oil and Gas
Last night, Region 6 EPA Administrator Al Armendariz released an apology for comparing his agency regulating oil and gas companies to Roman centurions crucifying villagers:
EPA "Crucifies" Oil and Gas Companies
Stand Up For American Enterprise
On April 22, the U.S. Chamber turned 100 years old, celebrating a century in support of free enterprise and pro-business policies that create jobs and grow the economy. Continuing its trend of becoming the leading trade association in digital communications, the Chamber introduced a Facebook Open Graph application -- the first-of-its-kind in the business advocacy space -- that enables fans to ‘stand up for American enterprise.’
Join us by clicking here!
Even Selling Salsa Requires Energy Solutions
We over here at Free Enterprise love salsa. A lot.
In fact, we even have a salsa company in the running to be our DREAM BIG: Small Business of the Year Award winner. (Good luck to all seven finalists!)
So when our friends over at America’s Power posted a YouTube video called “Salsa Todd,” our ears perked up.
Fight Back Against High Gasoline Prices
The high price of gasoline is weighing heavily on small businesses these days. While small business owners may feel powerless at the pump, there are a number of things to do to reduce gasoline consumption.
Experts Think Going After Oil Speculators is Pointless
Experts and opinion makers don’t think much of the administration going after oil speculators as a way to lower gas prices.
[Everything bolded is mine.]
Former commissioner of the Commodity Futures Trading Commission, Michael Dunn spoke with CNBC’s Carl Quintanilla:
Administration Goes on Fruitless Quest to Find Oilus Manipulatus
Oilus Manipulatus: A unique species of financial creature that surfaces periodically, usually just before the summer travel season starts. It is said to have a unique ability to feed off of Ameicans’ wallets by boosting oil and gas prices. Its habitat is thought to be commodities trading pits in lower Manhattan and Chicago as well as in front of Bloomberg terminals in random metropolitan areas around the country.
Energy Institute CEO Urges Policymakers to Pursue Unconventional Oil
With gas prices once again rapidly rising and with the International Energy Agency predicting that demand for energy could increase by nearly 50% by 2035, you might assume that the Obama Administration would jump at the chance to bring hundreds of years of homegrown oil online.
Your assumption would be wrong.
Interior Department Responds to Permiting Process Flip-Flop
Here’s an update on my post from last week on the Interior Department backing a drilling permit process they previously opposed. In a story about the administration taking undeserved credit for domestic oil and gas production increases, the Washington Free Beacon asked the Interior Department about their change of heart:
Talking Trade and Energy in Colombia
President Obama is traveling to Colombia for this weekend’s Summit of the Americas. U.S. Chamber President and CEO Tom Donohue is already in Colombia at the first-ever CEO Summitt of the Americas and made the case for closer economic ties in the hemisphere:
GUEST COLUMN: Five Questions with Karen Harbert
Ahead of her speech at the Energy Policy Forum Luncheon, the Energy Institute's Karen Harbert sat down with the Dallas Regional Chamber to answer five questions on energy policy. Below is an excerpt. Read the full interview on the Dallas Regional Chamber's blog.
Administration’s Energy Policy Leaves Jobs on the Table
Brian Beutler at Talking Points Memo can’t understand why anyone could complain about the administration’s actions toward oil and gas producers. He posts a chart showing the number of people employed in the oil and gas industry going up.
How could anyone have problems with our current energy policy?
The Incredible Overreaching EPA
The Environmental Protection Agency has the important charge of keeping our water safe and our air clean. It’s a mission supported by the business community—and collectively, we’ve invested $1.5 trillion over the last 30 years to improve the environment. What we don’t support are EPA rules and edicts that are driven by ideology, not science; trample the rights of states, businesses, and citizens; and undermine the economy and job creation.
Labor Leader Lashes Out at Job-Killing EPA Greenhouse Gas Rule
I'm having a strange bedfellows moment. Both a labor union leader and the Wall Street Journal editorial page agree on something: EPA's proposed greenhouse gas rule is a job-killer.
Top 5 Reasons Our Energy Policy Isn't the Best Ever
Vice President Joe Biden told a Norfolk, VA reporter, “I think our energy policy’s the best it’s ever been.”
Really? The best it has ever been in the 235-year history of the United States? Nothing, no other moment has ever been better than right now?
Uh, I don't think so.
Here are the top five reasons why this isn’t the Best. Energy. Policy. Ever!
Interior Department Was Against New Permitting Process Before It Was for It
Today in North Dakota, Secretary Salazar announced that the Interior Department would automate the approval process of applications for permits to drill (APDs).
NRC Approves South Carolina Nuclear Reactors
Are we coming upon a nuclear energy renaissance? Sen. Lindsey Graham (R-SC) thinks so. Last Friday afternoon, the Nuclear Regulatory Commission (NRC) announced that they approved licenses for two nuclear reactors in South Carolina.
EPA Reverses Itself on Texas Contamination Case
It’s been a terrible, horrible, no good, very bad few weeks for EPA. First, multiple federal courts--including the Supreme Court--have smacked down EPA for overreach and “magical thinking.” Then today, the agency reversed a fifteen-month-old order that blamed Fort Worth, Texas-based Range Resources for contaminating drinking water with methane as the result of hydraulic fracturing.
Is It Live, Is It Memorex, or Is It Congress Trying to Raise Energy Taxes?
Some people in Washington are trapped in the 1980s and treat legislation like it’s a cassette tape. If a bill doesn't go over well the first time, they hit “rewind” and try again.
Legacy Lawsuits are Costing Louisiana Jobs
Louisiana's oil and gas industry supports a tremendous number of direct and indirect jobs, is the fourth-largest producer of crude oil and is one of the nation's top producers of natural gas.
However, the current legal environment in Louisiana is harming the oil and gas industry and the state economy due to legacy lawsuits -- suits seeking a financial windfall for alleged environmental damage claims by certain landowners. Such lawsuits are unique to Louisiana, and discourage oil and gas exploration and production. But it doesn't stop there.
March 2012 Quick Poll Results
What is the future of U.S. manufacturing?
It is growing stronger but will not reach the percentage of our total economy or employ as many people as it once did 48%
It is in decline, unable to compete globally 43%
It is poised for a complete recovery, recalling its glory days from decades ago 6%
Don’t know 3%
How concerned are you that rising gasoline prices will stall the economic recovery?
Very concerned 86%
Somewhat concerned 10%
Not concerned 4%
Readers Discuss Economy, Energy
THE ECONOMY
Unfortunately, for those of us unemployed or underemployed, the economy remains quite bad right now. Some who have been lucky enough to find full-time employment have found it in a field of work far different from their intended life’s work, such as people with a master’s degree or a bachelor’s degree in business or any other field of study finding full-time work as delivery truck drivers and that sort of thing to pay the bills as they continue to seek something in their field.—Francesco M. DiGiovanni [via Facebook]
Business Drives Environmental Improvements
Since the first Earth Day 42 years ago this April, America has become a cleaner, safer, less polluted place due in large part to collaboration between private sector, consumers and the government.
Low Natural Gas Prices Driving U.S. Manufacturing, Job Growth
Recent advances in extracting natural gas from shale rock have driven the cost of energy in the United States to record-low levels. U.S. natural gas production is soaring, which has lowered costs to about $2 per million British thermal units, 75% lower than rates for Western Europe. USA Today reports that access to cheap energy is helping U.S. manufacturers build and expand plants and hire hundreds of thousands of workers.
EPA Launches New Attack on Coal
If you thought Utility MACT, A.K.A. the "Blackout Rule" was bad, get a load of this. Today, EPA dropped a greenhouse gas rule that could cost jobs and hurt the reliability of the electricity grid.
Judges Slap Down EPA Not 1, Not 2, But 3 Times
In a string of unrelated but equally remarkable cases, in the last week three, separate federal courts – including the U.S. Supreme Court – have taken the EPA to task for regulatory overreach. We’ve already blogged about Sackett v. EPA and Mingo Logan Coal v. EPA. In the most recent of these cases – decided yesterday – the U.S.
EPA Said to Be Close to Limiting U.S. Greenhouse-Gas Emissions
Copyright Bloomberg 2012.
Mark Drajem
The Environmental Protection Agency is close to issuing the first limits to cut U.S. greenhouse gases from power plants, with an announcement possible as soon as today, according to people familiar with the matter.
A Victory for the Rule of Law – But Damage Has Already Been Done
Today a U.S. federal court shut down yet another effort by EPA to use-and-abuse the Clean Water Act as a regulatory sledgehammer. The court ruled that EPA did not have authority under the Clean Water Act to essentially “veto” a fill permit lawfully issued by the Army Corps of Engineers.
Expedite the Entire Keystone XL Pipeline
Today, the President’s energy tour/campaign event stopped in Cushing, Oklahoma. Standing in front of a pile of pipes, he announced that he ordered his administration to “expedite” the southern portion of the Keystone XL pipeline.
'Sue and Settle' Threatens Business
Environmental and consumer advocacy groups have found a new way to use the federal regulatory process to force overly burdensome regulations onto business.
The Administration’s Twisted Sense of Humor on Energy
This administration must have a dark sense of humor, because today the President visits an oil and gas field on federal land in New Mexico. This is happening despite the fact that oil and gas production on federal and Indian lands has gone down.
Administration Prefers Talking than Taking Action on Energy
We are missing an energy opportunity. While American oil and gas production in total is rising, an Energy Information Agency (EIA) report released earlier this week finds that it's going in the opposite direction on federal and Indian lands:
Administration Demonizes Energy Producers
I want to go back to this infographic the White House released along with their energy progress report earlier this week. There’s an glib mention that “oil companies are receiving about $7,610 a minute in tax breaks. That’s $4 billion a year.”
Yes, European Gas Prices Are Not a Good Thing
Maybe progress is being made. Energy Secretary Steven Chu walked back from his 2008 comment about wanting gas prices to be as high as in Europe. Politico reports:
Energy Progress Report is More about Politics
President Lobbies Against Pipeline White House Claims He Didn’t Turn Down
Remember a couple of weeks ago when Jay Carney created an alternate universe and told the White House press corps that “the President didn't turn down the Keystone pipeline”? He blamed partisan politics for the denial of the permit that would link Gulf Coast refineries to Canadian shale oil.
VIDEO: Powering America Trailer
Americans use a lot of electricity, and our appetite for it isn't diminishing. From televisions to air conditioners to computers to refrigerators to smart phones, Americans expect their stuff to work anytime they put a plug into a wall socket or flip a light switch.
Don't Kill Coal
Yesterday, the Washington Times wrote an editorial on the war on coal:
Mouthing the Administration on Energy
High gas prices have garnered the attention of leaders in Washington. This past weekend, the President talked about energy development in his weekly address, and the chairman of the House Natural Resources Committee, Rep. Doc Hastings (R-WA) covered energy in the Republican address [see above].
We Can’t Tax Our Way to Energy Security
The President delivered another energy speech today, and populism trumped sound economics. Along with taking undeserved credit for expanding oil and gas production (more on that in a bit), the President told Congress they should vote “in the next few weeks” to raise taxes on oil and gas companies.
Raising taxes will improve energy security? Economic analysis doesn’t say so.
It's Great to Have a Job...Unless You Work at a Power Plant in Pennsylvania, Ohio, or New Jersey
Yesterday, GenOn Energy, the third-largest U.S. independent power producer, announced they were shutting down power plants, because "forecasted returns on investments necessary to comply with environmental regulations are insufficient." That's financial-speak for "Regulations make it too costly to keep them running."
February 2012 Quick Poll Results
1) Do you think you pay too much in taxes?
No, I pay the fair amount 20%
Yes, I pay too much 76%
No, I don’t pay enough 4.0%
2) Do you agree with the decision by the administration to block construction of the Keystone XL oil pipeline?
No 82%
Yes 18%
3) Do you think it is easier to get a business loan today than six months ago?
No 82%
Yes 9.0%
Don’t know 9.0%
Make American Energy the Next Big Thing
When this administration talks about an "all-of-the-above" energy strategy it's more about uttering words than taking real action.
Last week in a major energy speech in Miami, President Obama talked about the worries he's heard from Americans about rising gas prices:
Readers Comment on Keystone
I hope they get this moving soon! Good to see Congress is standing up for Americans while our administration is busy trying to destroy us.—Christy Bartholomew (via www.FreeEnterprise.com)
All this would be fine if the pipe wasn’t made in China. Think about how many jobs this would have created. But I do agree we need the pipeline! I just hope they don’t sell the oil to China! Seems to me this is the idea!—mlong119 (via www.FreeEnterprise.com)
SERIES: The Eight Factors of American Competitiveness - Chapter One
This article originally appeared in Business Horizon Quarterly, a publication of the National Chamber Foundation.
Small Business Owners Hit Hard By Rising Gas Prices
Jim Pastor has been delivering milk in southern California for more than three decades. But rising gas prices have made it increasingly difficult for this small business owner to make ends meet. “Just driving to work in the morning scares me,” said Pastor in an interview with the LA Times. “This economy cannot absorb $5-a-gallon gas.”
Southern Part of Keystone XL to be Built
TransCanada announced today that it will go ahead and build a portion of the Keystone XL pipeline from Cushing, Oklahoma to oil refineries in the Gulf Coast, bypassing the State Department permitting process that has stopped development of the pipeline to Canadian shale oil in Alberta.
President Needs an Actual "All of the Above" Energy Policy
Prior to President Obama’s address on energy yesterday, we outlined three major things that he should say that would improve our energy security. We called on him to approve the Keystone XL pipeline permit immediately, abandon his focus on raising taxes on oil companies, and reinstate plans to allow for more offshore exploration which his Administration has taken off the table.
A Pipeline to Jobs and Development
John Meyer isn’t involved in the oil or gas industry. He doesn’t own a pipeline or construction business. But as the owner of Office Products Center in Winner, South Dakota, Meyer knows that his state needs jobs, and that the influx of workers and dollars generated by the Keystone XL pipeline expansion from Canada to the Gulf Coast would energize his state and region.
What President Obama Should Say in Today’s Energy Speech
Today in Miami, President Obama will deliver an energy speech intended to address growing concerns over high fuel prices.
According to reports, the President will once again try to take credit for an uptick in domestic oil and natural gas production this year, even though his Administration has nothing to do with the lease sales that were made years ago and the investments made on private lands that contributed to last year’s improvement.
Interview: Pulitzer Prize-Winning Daniel Yergin Dissects America’s Energy Quest
If there is an oracle on energy, Daniel Yergin is it. Yergin is the co-founder and chairman of IHS Cambridge Energy Research Associates (CERA), a leading energy research and information firm. He serves on the U.S. Secretary of Energy's Advisory Board and chaired the U.S. Department of Energy’s Task Force on Strategic Energy Research and Development.
Words Mean Things, Especially If You're a White House Spokesman
Yeah, Ace of Spades is right: "Orwell wept."
It's all because White House spokesman Jay Carney had the audacity to say, "the President didn't turn down the Keystone pipeline" even though that's exactly what he did.
I wonder if Carney would've let a White House flack get away with that when he was writing for Time magazine? I know, trick question.
Keystone Pipeline Bill Passes House, Lacks Match in U.S. Senate
Feb. 17 (Bloomberg) -- Legislation that would force U.S. approval of TransCanada Corp.’s Keystone XL pipeline and open Atlantic waters to offshore drilling passed the House, a measure that the Senate doesn’t plan to consider.
GE's Immelt: 10 Ideas for Job Creation and Restored Competitiveness
American businesses have what it takes to create jobs in the United States and restore American confidence and competitiveness, according to Jeff Immelt, GE chairman and CEO and chairman of the President’s Council on Jobs and Competitiveness.
Refiners Association President: Keystone XL "Makes Perfect Sense"
At CPAC, I spoke with Charles Drevna, president of American Fuel & Petrochemical Manufacturers, about the need for the Keystone XL pipeline.
He said we'll miss out on "a shovel-ready project" that would "immediately provide 20,000 jobs with the prospects of another" 100,000 jobs by moving 700,000 barrels of Canadian oil per day to "feed multiple refineries in the Gulf Coast."
Gov. Heineman to Obama on Keystone: We’re Ready and Waiting
Gov. Dave Heineman says Nebraska lawmakers have done their part and are ready to move ahead with the Keystone XL pipeline as soon as officials within the Obama Administration agree to an alternative route rather than an entirely new application.
Construction of First New Nuclear Reactor in More Than 30 Years Approved
For those of a certain age, 1978 triggers flashbacks to disco, Farrah Fawcett, and the Bee Gees. That year was also the last time the Nuclear Regulatory Commission issued a license for the construction of a new nuclear power reactor in the United States. Until now.
Today, the NRC announcement that it has approved a license for the construction of two new nuclear reactors at Georgia’s Power Plant Vogtle.
Energy Takes Twice as Much Income for Half of U.S. Households
Copyright 2012 Bloomberg.
Jim Snyder and Mark Drajem
Feb. 7 (Bloomberg) -- Energy costs for U.S. households will almost double this year from 2001, consuming a fifth of the annual income for half of American homes, according to a study by a utility group that opposes limits on coal use.
The American Coalition for Clean Coal Electricity, which includes Atlanta-based Southern Co. and Peabody Energy Corp. in St. Louis, said the 50.4 percent of households earning less than $50,000 may pay even higher costs as regulators consider limits on coal-burning power plants.
Republicans Advance Bill to Push Keystone XL Over Obama’s Denial
Feb. 8 (Bloomberg) -- U.S. House Republicans advanced legislation stripping President Barack Obama’s power for TransCanada Corp.’s Keystone XL pipeline and giving authority to the Federal Energy Regulatory Commission.
Economics Bloggers See Too Much Government and Want Energy to be a Priority
In its latest survey of economics bloggers, the Kauffman Foundation found that a majority of respondents have a more optimistic view of the economy. However, they see the federal government as too involved in the economy and think energy should be a top priority.

Americans Gaining Energy Independence With U.S. as Top Producer
Feb. 7 (Bloomberg) -- The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations.
A Waiting Game in the Gulf
The administration went from issuing an offshore drilling moratorium in 2010 to bragging about offshore lease sales. What it’s not touting are long permitting delays.
Republicans Join Trade Groups in Faulting U.S. Tar-Sands Plan
Copyright 2012 Bloomberg.
Katarzyna Klimasinska
Republicans in Congress joined business and industry groups in criticizing an Obama administration proposal they said will limit oil-shale and tar sands development in three U.S. western states.
The U.S. Interior Department is planning a fresh study on the impact of oil production on the environment before letting companies start commercial-scale operations on federal land in Colorado, Utah and Wyoming, according to a statement today. The agency is seeking comment on its proposal.
States That Prospered in the Economic Downturn
While nearly all Americans felt the squeeze of the economic downturn, certain pockets of the United States remained prosperous. USA Today reports that median household income actually rose in 12 states and the District of Columbia between 2005 and 2010:
Republicans Criticize U.S. EPA Research on Fracking in Wyoming
Feb. 1 (Bloomberg) -- The U.S. Environmental Protection Agency released 622 documents related to its study of water contamination tied to hydraulic fracturing in Pavillion, Wyoming, as Republican lawmakers criticized the findings.
Congress Pushes Keystone XL
The administration's rejection of the Keystone XL pipeline isn’t holding back Congress. Efforts in the Senate and House of Representatives are moving ahead to allow construction of the energy infrastructure project.
Canada Looks West for Oil Customers
Canadian Prime Minister Stephen Harper is on a mission to sell Canadian oil. The administration's rejection of the Keystone XL pipeline isn't stopping him from hunting for new customers. Next month, he'll visit China to talk with leaders.
Richard Waugh, chief executive officer of Bank of Nova Scotia told Bloomberg:
It's Great to Have a Job...Unless You Work at a Coal Power Plant in Pennsylvania, Ohio, or Maryland
EPA's Utility MACT, A.K.A. the Blackout Rule, hit more power plants, costing more jobs. The latest victims are more than 500 workers in Pennsylvania, Ohio, and Maryland:
Cabot Cites Obama Speech to Fault EPA’s Dimock Fracking Probe
Jan. 26 (Bloomberg) -- Cabot Oil & Gas Corp. fired off a complaint to the Environmental Protection Agency, saying a probe of water in Dimock, Pennsylvania, undermines President Barack Obama’s embrace of natural gas in his State of the Union speech.
Administration's Blueprint Locks Potential Energy Sources
Today in Las Vegas, the President repeated his energy talking points from Tuesday's State of the Union speech.
Nebraska’s Governor Plans to Urge Obama to Proceed With Keystone
Jan. 25 (Bloomberg) -- Nebraska Governor Dave Heineman said he will urge President Barack Obama to reverse his decision denying a permit for TransCanada Corp.’s Keystone XL pipeline and let construction begin in segments in U.S. border states.
Will the President’s Blueprint Create Jobs?
Ahead of the State of the Union Address, we published a listener’s guide and highlighted the business community’s plan to grow jobs and strengthen the economy.
Below is how the president's speech rhetoric stack ups up against his record and the U.S. Chamber's jobs plan.
We asked: Will the president say anything on energy and infrastructure?
Republican Payroll Tax Negotiators Push Pipeline, EPA Limits
Copyright 2012 Bloomberg.
Kathleen Hunter
Jan. 24 (Bloomberg) -- Republican lawmakers negotiating a payroll tax cut extension are seeking to attach provisions reviving a blocked Canadian oil pipeline and limiting the Environmental Protection Agency’s authority to regulate industrial boilers.
North Dakota Stuck Using More-Costly Railroads to Move Oil
Robert Samuelson sure wasn't pleased with the President's decision to not issue a permit for the Keystone XL pipeline, calling it "an act of insanity." I bet he won't be any happier after reading the news that North Dakota producers who plann
A Bad Idea that Just Won’t Die
Like clockwork, every year around this time some policymakers resurrect one of the more egregiously bad policy proposals out there—a windfall profits tax on oil companies.
The latest form comes by way of legislation to create a so-called “Reasonable Profits Board,” introduced by Rep. Dennis Kucinich (D-Ohio) and five other House Democrats.
Small Businesses Disappointed with Obama Pipeline Block
A number of small businesses across the United States are expressing disappointment in the wake of President Obama’s decision to block the Keystone XL Pipeline. The pipeline, which would allow for the transport of crude oil from Canada to the United States, was rejected by Obama on the basis that there was not enough time to evaluate its potential impact on Americans and the environment.
President Says "No" to 20,000 Jobs
As the Heritage Foundation documents, over three years of study took place on the Keystone XL pipeline, yet the project won't move ahead. Business, union, and political leaders from both parties spoke out strongly against President Obama's decision to not issue a permit.
Sustainability for the Rest of Us
If you have less than 50 employees, work in an office, and want to participate in the “people, planet, profits” business model, you have probably noticed the lack of conversation about options for you. A lot of green business discussion focuses on alternative energy, local sourcing, recycling, and other approaches as they apply to big business. For example, its’ not possible to put solar panels on your fifth floor office suite and you can’t package your goods in sustainable materials if you are a service business.
Keystone Pipeline Decision Widely Criticized
Despite the tremendous job-creating potential and support of the business and labor community, the Obama Administration yesterday formally rejected a permit for the construction of the 1,700-mile Keystone XL oil pipeline from Canada to the Gulf of Mexico, which could have created as many as 250,000 jobs by 2035.
U.S. Chamber Calls Politically-Charged Decision to Deny Keystone a Job Killer
In response to President Obama's decision to deny the Keystone XL pipeline permit, U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today:
Talking Elections With Scott Reed
U.S. Chamber Senior Political Strategist Scott Reed, a veteran of Bob Dole’s 1996 presidential campaign, recently teamed up with the Rob Engstrom, Chamber Senior Vice President of Political Affairs & Federation Relations, to lead the U.S. Chamber’s voter education program. FreeEnterprise.com sat down with Reed to talk about the 2012 elections.
FreeEnterprise.com: What brought you to the U.S. Chamber for the 2012 elections?
Make a Decision on Keystone, Business Groups Say
The U.S. Chamber of Commerce and other business groups are increasing their pressure on President Obama to issue a permit for the construction of the 1,700-mile Keystone XL oil pipeline from Canada to the Gulf of Mexico, which could create as many as 250,000 jobs by 2035.
Is the EPA Out of Control?
As the United States continues its long march out of the Great Recession, there are several factors threatening job creation and economic recovery— heightened competition from foreign markets, the eurozone crisis, and fluctuating oil prices, to name a few. But there is another significant threat to jobs and growth, and it is funded by U.S. tax dollars.
Jack Gerard: Need to Expand America's Energy Options
Expanding America's energy options was the theme of American Petroleum Institute President and CEO Jack Gerard's State of American Energy speech. In it, he laid out two benefits from increased American energy development: more jobs and improved state economies.
From North Dakota's Oil Fields to Arizona's Subdivisions
America is getting a two-fer from the North Dakota energy boom: it's increasing our energy security while helping the Arizona housing market that was hit hard by the recession:
Missed Opportunities on Energy
In a pair of energy policy decisions, the Obama administration erected more roadblocks to job growth and more abundant domestic energy supplies.
In a decision the U.S. Chamber denounced as “politics trumping jobs,” the State Department said in November that it will delay until after the 2012 elections a decision to issue a permit for the construction of the 1,700-mile Keystone XL oil pipeline from Canada to the Gulf of Mexico, which could create as many as 250,000 jobs by 2035.
EPA Endangers Economy with ‘Lights Out’ Rule, Donohue Says
The Environmental Protection Agency has moved ahead on a rule to restrict emissions that could threaten America’s electricity reliability, global competitiveness, and job creation.
Readers Talk EPA, Debt Crisis, Regs
Bringing the EPA Back to Reality
Avoid Election Year Paralysis
As GOP presidential caucuses and primaries kick into full gear, some elected leaders in Washington are settling into campaign mode themselves, avoiding tough issues, neglecting what they were elected to do, and instead drawing lines in the sand preparing for campaign season. Our country can’t afford 2012 to be a wasted year in Washington.
Top Five "Blackout" Songs
In light of an AP analysis of the Blackout Rule, A.K.A. Utility MACT, showing that across the country more than 32 power plants will be shut down, over 500 power plants will be "idled temporarily in the next few years," and 14.7 gigawatts of electricity generation will be taken offline, I've put together my list of the top five "Blackout" songs.
An EPA Scare Tactic
Hydraulic fracturing, a technique used for decades to safely extract energy out of the ground, has turned parts of the United States into boom towns with jobs created and businesses thriving.
Blackout Rule Threatens a Brighter Christmas
All Clark Griswold wanted was to add some Christmas cheer to his home. He spent days stringing thousands of lights up and down his house and jury-rigging extension cords into outlets just to brighten up the holiday. Sure, his family didn't appreciate it, but he tried. Rolling blackouts because of Utility MACT, A.K.A.
Obama Administration’s Keystone Delay Already Costing American Jobs
As we’ve discussed several times in this space, President Obama’s move to delay a decision on the Keystone XL pipeline will cost America thousands of jobs in the near term that would have otherwise been created. But in addition to that missed opportunity, the Administration’s action is actually already costing existing jobs.
Let's Not Blow It on Improved Energy Security
Economist Mark Perry put together a chart showing how the percentage of net oil imports as a share of U.S. consumption has been decreasing since 2005.
In the Wall Street Journal, THE energy guru, Daniel Yergin, points out that one part of the explanation is decreased oil consumption, but another part is the increase in onshore energy development:
New EPA Rule Could Mean Lights Out for Business, Consumers
America’s job creators are asking for more time to comply with an expensive new EPA rule that could threaten electricity reliability and hurt businesses of all sizes.
Video: Don't Let EPA Turn Lights Off on American Economy
The "Blackout Rule," A.K.A.Utility MACT, is the most expensive EPA rule in history. If enacted too soon, it threatens the U.S. energy supply, will cost jobs, and raise electricity rates. The Chamber is running this ad on network and cable television asking Americans to tell President Obama that more time is needed to get the job done right.
Delaying Keystone XL Also Delays Jobs
by John Meyer
NOTE: John Meyer , owner of Office Products Center, in Winner, SD, gives us his perspective on what the Keystone XL Pipeline project would mean to his state.
As a small business owner of over 30 years and the former President of the South Dakota Retailers Association, I understand what it takes to create jobs. That’s why I joined the Partnership to Fuel America, an initiative of the U.S. Chamber’s Institute for 21st Century Energy.
Proposed Tax Hikes Would 'De-Energize' the Economy
by Bruce Josten
As Congress continues in its year-end scramble to finish work and head home for the holidays, we continue to see bills with laudable goals but with provisions that undermine those goals by levying punitive taxes on specific sectors or industries and creating obstacles to job creation.
Blackout Rule Threatens Economy
EPA is about to unveil the costliest rule in its history—and the Chamber is leading an effort to make sure the business community’s voice is heard. By December 16th, EPA is scheduled to release the Utility MACT rule, which could cause significant electricity reliability constraints that would have a ripple effect throughout our economy if implemented on its currently-scheduled timeline.
Gaping Divide at Durban Climate Change Talks
NOTE: Once again, the U.S. Chamber is well represented at the U.N. climate change talks in Durban, South Africa, by the Energy Institute’s Steve Eule. Steve’s been working to ensure that the business community has a seat at the table during international negotiations. Here’s his update on how the COP has progressed so far:
One Step Forward for Job Creation
Winning
Charlie Sheen has nothing on Transwestern when it comes to winning. $200,000 a year and 250 workers! That’s the savings annually to Transwestern for making their Washington, DC, building more energy efficient; and the amount of jobs created in doing so. It’s a win-win-win: energy efficiency, savings on the bottom line, jobs created.
New Keystone Bill Speeds Up Pipeline Decision
The U.S. Chamber has come out in support of a bill aimed at forcing the Obama administration to make a decision on the Keystone XL pipeline within 60 days rather than wait until 2013 to rule on the $7 billion project.
Introduced by Sen. Richard Lugar (R-IN) on November 30, the “North American Energy Security Act of 2011,” (S. 1932) would require the Department of State to make a decision on the federal permit for the proposed Keystone XL pipeline project within sixty days of enactment.
The North American Energy Security Act
Debate heated up on Capitol Hill over the fate of the proposed Keystone XL pipeline. Now that the Obama administration has chosen to delay the pipeline, Congress has stepped in.
A Court Victory for Economic Evidence
Yesterday, a federal district judge summarily rejected an effort by the EPA to censor evidence of how the Agency's (latest) power grab could hurt the economy. Let's call this one a win for the good guys - at least for now.
"Leveling the Playing Field" Threatens Power Grid
In the video clip below, EPA administrator Lisa Jackson lays out what she perceives to be EPA's role in the economy. She told energyNow! [emphasis mine], "What EPA's role is to do is to level the playing field so that pollution costs are not exported to the population but rather companies have to look at the pollution potential of any fuel or any process or any plant or any utility when they're making their investment decisions."
How Would You Solve Our National Debt Crisis?
Unless our government leaders make smart economic policy decisions our national debt will reach dangerously unsustainable levels. Our slow economic recovery only exacerbates this debt challenge. The Pew Budget Challenge is designed to see how everyday Americans would tackle the problem by offering more than 100 illustrative options to reduce the debt.
How to Get the Economy Back on Track: An Interview with Tom Donohue
EPA Rule Threatens Power Plant Jobs
Despite what Sen. Reid said on the Senate floor today that there isn't a "single shred of evidence" that regulations hurt the economy, former Democratic Senator and Governor of Indiana, Evan Bayh reminds us in an Evansville Courier Press op-ed this week that bad implementation of regulations do indeed threaten jobs:
Delaying Keystone XL Pipeline Kills Jobs, Compromises Energy Security
In a political maneuver, the current administration has decided to delay approval of the planned Keystone XL oil pipeline that would run from Canada to the Gulf of Mexico. In light of this decision, Canadian Prime Minister Stephen Harper says he must now consider selling oil directly to China instead. As a result of the delay, more than 20,000 jobs will be diverted away from Americans who desperately need them and our country’s energy security will be greatly compromised. Watch U.S.
Keystone XL: Jobs. Security. Now.
Administration Puts Politics Before Jobs in Keystone Delay, Says U.S. Chamber
In a decision the U.S. Chamber denounced as “politics trumping jobs,” the Obama Administration announced that it will delay a decision on the construction of a 1,700 mile oil pipeline from Canada to the Gulf of Mexico.
U.S. Chamber President Calls Delay on Keystone XL Pipeline Decision a Political and Job-Killing Move
[caption id="" align="alignleft" width="150" caption="Courtesy of Carrie La Seur"]
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WASHINGTON, D.C.—U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today following the announcement by the State Department to delay a decision on the Keystone XL pipeline:
Keystone XL is Not a Pipe(line) Dream
More U.S. imported oil should come from Canada. That’s what 79% of registered voters said in a poll conducted by Harris Interactive for the American Petroleum Institute.
The poll also found 80% said they thought the federal government policies should allow pipelines to transport Canadian oil into the U.S.
Mitch Daniels Backs Keystone XL
Capital Roundup - November 2011
| BILL NAME | SUMMARY OF BILL AND WHAT IT MEANS TO YOU | U.S. CHAMBER'S POSITION | STATUS |
|---|---|---|---|
|
FREE TRADE AGREEMENTS H.R. 3078 (Colombia FTA) H.R. 3079 (Panama FTA) H.R. 3080 (South Korea FTA) |
Numbers of Convenience
In a recent op-ed appearing in the Los Angeles Times, EPA Administrator Lisa Jackson rejects the notion that her agency’s Clean Air Act regulations have a negative impact on jobs.
Opportunities for Consensus on Job Creation
Building a Strong Economic Foundation Through Infrastructure
Editor’s Note: This post was written by Tom Collamore, U.S. Chamber of Commerce Senior Vice President of Communications and Strategy, and originally appear on Oct. 23. Read more from the official blog of the U.S. Chamber of Commerce, ChamberPost.

Working Through the Weekend
The Chamber’s President and CEO Tom Donohue will appear on ABC News’ This Week with one simple message: We can create jobs immediately. Contrary to the conventional wisdom that Washington is “broken” or that “nothing will get done before Election Day,” Tom and the Chamber understand that there are things we can do to create milli
Energy is a Promising Area for Growth...If Government Gets Out of the Way
In today's Wall Street Journal, former Democratic Congressman Harold Ford sees the potential for job creation "all around us." Gas development in the Northeast,
More Common Sense on Keystone XL from the Washington Post
The Washington Post today once again published a strong editorial in favor of the Keystone XL Pipeline. The Post’s editorial stands in stark contrast with anti-ener
House Takes on EPA Regulations on Manufacturers
The House took a major step toward protecting manufacturing jobs last week, approving a bill that would provide much needed relief to manufacturers, who face a host of excessive and unmanageable costs in order to comply with EPA’s “Cement MACT” suite of rules.
The House passed H.R. 2681, the Cement Sector Regulatory Relief Act of 2011, in a mostly party-line 262-161 vote on October 6.
Show Your Support for the Keystone XL Pipeline Today
The U.S. Department of State is interested in what you have to say about the Keystone XL pipeline project. White House officials intend to meet today to openly discuss and weigh the pros and cons of its adoption. The official White House announcement explains, "The purpose of the meeting is to give individuals an opportunity to voice their views on whether granting or denying a presidential permit for the pipeline would be in the U.S. national interest.” The U.S.
Salazar Endorses Hydraulic Fracturing
Yesterday, Interior Secretary Ken Salazar said hydraulic fracturing is "a necessary part of the future of natural gas." He went on to note that natural gas is "a very imp
Obama Administration Acknowledges Need to Get Transmission Projects Moving—But Takes Only Baby Steps Toward Making Progress
Keystone Pipeline a Win-Win for Our Nation
EPA Inspector General Chides Agency For Serious Flaws in Greenhouse Gas Rulemaking
On Friday, the U.S.
Steps Toward a Secure Energy Future
Editor’s Note: This weekly column is written by U.S. Chamber of Commerce President and CEO, Thomas J. Donohue. Read more from the official blog of the U.S. Chamber of Commerce, ChamberPost.

Steps Toward a Secure Energy Future
I recently visited Banff, Canada to speak about energy policy at the Global Business Forum, and I was reminded of an arresting statistic. In June, more jobs were created in the province of Alberta than in the entire United States. How?
Steps Toward a Secure Energy Future
I recently visited Banff, Canada to speak about energy policy at the Global Business Forum, and I was reminded of an arresting statistic. In June, more jobs were created in the province of Alberta than in the entire United States. How? Canada is embracing its vast natural resources and expanding its role as an energy super power.
America needs to take some decisive steps of its own.
A Direct Pipeline to Jobs
Three Major Innovation Challenges in the US: An Interview with Aneesh Chopra
TechCrunch recently caught up with Aneesh Chopra, The United States’ Chief Technology Officer, at AT&T’s Foundry Innovation center in Palo Alto, California. Chopra was asked in the interview what America’s three major challenges were when it comes to innovation.
Let's Get Serious About Domestic Energy Production
Focusing on domestic energy production will not only create American jobs, but will also establish significant revenue for state and federal governments. Expanding oil and gas industries closer to home would offer our economy a necessary push, all-the-while reducing our dependence on foreign energy. Industry experts predict that future energy exploration will focus on the Americas, including the U.S.
Donohue Calls for Energy Development
The United States must develop its abundant domestic energy resources or risk falling behind its competitors, U.S. Chamber President and CEO Tom Donohue said in a major policy speech delivered at the Global Business Forum in Banff, Canada.
On Energy, We're Our Own Worst Enemy

When it comes to energy, there's a lot we can learn from some of our global competitors.
Readers Tackle EPA Rules, Debt
Energy
We consume the same amount of energy whether we produce it from here or import it from areas of the world that are politically less stable. We have to realize and keep in the forefront of our minds that almost half a trillion dollars is leaving our nation every year in the form of foreign petroleum purchases. We have to make the effort to become self-sufficient before things get worse.—Sofia, Houston, TX
Energy: A Job Creating Home Run
Remember playing softball and the pitcher tossed you a pitch that floated so perfectly towards you and looked like such a big target that you couldn't help but hit it over the fence?
A Spark for the Economy
The focus this week in Washington continues to be about getting Americans back to work.
Yucca Mountain: Not Dead Yet
Today the Nuclear Regulatory Commission (NRC) affirmed its support of the Atomic Safety Licensing Board’s unanimous rejection of the Department of Energy’s (DOE) attempt to withdraw its Yucca Mountain license application some 437 days ago.
The rumors of Yucca Mountain’s demise are greatly exaggerated. Now that the Nuclear Regulatory Commission has rightfully agreed the Department of Energy did not and does not have the authority to withdraw the application for Yucca mountain, it is clear the court system is the next stop on Yucca’s long and expensive journey.
6 Steps National Ad Campaign
This ad running this week in national newspapers including the Wall Street Journal and USA Today is part of the Chamber's nationwide print, online, and social media ad blitz to rally its members, grassroots supporters, and the public around six steps Washington can take to create millions of new jobs.
VIDEO: A Jobs Practical, Private Sector Jobs Plan
Check out this video of Chamber President and CEO, Tom Donohue outlining the six steps Congress and the President can do now to grow the economy and create jobs:
6 Steps Congress and the President Can Do NOW to Create Jobs
Zero.
That was the number many Americans were talking about during the unofficial final weekend of summer, because that was the number of net jobs created in August.
Zero isn't so much a number as the absence of one. It's a void, a hole. Our economy is in a hole with millions of people unemployed, and millions more who have given up looking for work.
President Heeds U.S. Chamber Argument, Delays Ozone Revamp
In a victory for America’s job creators and a big first step in what needs to be a broader regulatory reform effort, President Obama has requested that Environmental Protection Agency (EPA) Administrator Lisa Jackson withdraw a potentially disastrous ozone standard.
Low-Hanging Fruit on the Jobs Tree
As President Obama prepares to reveal his jobs plan before a joint session of Congress next week, we hope to hear him say that he intends to remove obstacles that have needlessly stalled the development of dozens of vital energy projects across the country.
Say "Yes" to Keystone XL
Over the last few weeks, anti-energy protesters have marched to the White House with signs, sat down on the ground, and gotten themselves arrested (while recording their YouTube
WSJ's Suggestion: An EPA Rules Moratorium
Earlier today, I noted that one of small business owner Mike Becci's worries is about EPA's new ozone regulations, which threaten to increase electricity prices for businesses and consumers.
EPA, NLRB Take Aim at Businesses
Even as the administration touts its efforts to streamline or eliminate duplicative or conflicting regulations, some agencies are moving full steam ahead with burdensome and costly newly proposed rules.
State Department Takes Positive Next Step on Keystone XL
Here is some good news for improving America's energy security. Today, the State Department released its Final Environmental Impact Statement (EIS) on the Keystone XL pipeline.
New Ozone Rules: EPA’s Voluntary Jobs Killer
The White House has once again signaled that it is pivoting back to jobs, and President Obama will reportedly give a “major speech” on job creation in September. Here at the U.S. Chamber of Commerce, where we remain sharply focused on job creation, it is a welcome move.
The New York Times Keystone XL Illogic

I'm trying to decide how seriously I should take the New York Times editorial page. I'm mean, they pay a guy who thinks it would be good economic policy to fake an alien invasion.
New Ozone Rules: EPA’s Voluntary Jobs Killer
The White House has once again signaled that it is pivoting back to jobs, and President Obama will reportedly give a “major speech” on job creation in September. Here at the U.S. Chamber of Commerce, where we remain sharply focused on job creation, it is a welcome move. But for the president’s pivot to be meaningful, it needs to be followed by a big step back from onerous regulatory proposals that would kill millions of jobs with no proven benefits to offset this hurt.
Great Plains Support for Keystone XL
On the Verge of an Energy Renaissance
Energy is the topic of this month's cover story for Free Enterprise magazine. Offshore, onshore, it's all covered. Here's a taste:
Brazil: More than a Beach Destination—A Partner for America's Energy Future
If Only Improving the Economy Was Like Playing Space Invaders
Paul Krugman: NY Times pundit, Nobel Prize-winning economist, and now sci-fi visionary. You know you've run out of ideas when you think faking an alien invasion could be a way to boost the economy.
U.S. Chamber Urges Members to Be Heard This August Recess
Before the debt ceiling increase was even signed into law, many members of Congress had already left town for the August recess, moving eagerly to a more popular topic: JOBS.
This recess, the U.S. Chamber’s Small Business Nation and Friends of the U.S. Chamber are helping small business supporters reach out to their members of Congress on key issues important to business.
A New Energy Frontier
America is on the verge of an energy renaissance.
It’s a renaissance built on technological advances in energy exploration and extraction, continued advances in renewable energy and nuclear power, and an abundance of domestic natural gas and oil reserves off the coasts and on federal lands.
It’s a renaissance that could create hundreds of thousands of jobs, reduce the country’s dependence on unfriendly foreign suppliers, produce billions in new revenues for the government, and boost manufacturing in the United States.
Radiohead Should Stick to Kid A, Not Keystone XL
With Canada's oil sands, it isn't a question of if it'll be developed but where the oil will flow–something Radiohead doesn't get. Will it go south to the United States and power our economic growth, or will it go west to the Pacific Coast and across the ocean to China? The Keystone XL project will make sure that oil grows the U.S. economy and creates jobs here, which is why the Chamber just launched the Partnership to Fuel America.
U.S. Energy Security Worsened in 2010
The underlying weaknesses in the nation’s energy security have reasserted themselves in 2011 and, unless things change, will continue to hamper the United States for decades into the future, according to an updated study by the U.S. Chamber’s Institute for 21st Century Energy.
The Index of U.S. Energy Security Risk, now in its second year, calculates the country’s 2010 energy security risk index at 98 out of 100. That’s a 6.5-point increase from 2009 and the fourth-highest score since 1970.
America's Energy Security Gets Riskier
Energy Production’s Economic Ripple Effect
If we're heading for a double-dip recession, as some economists predict, let's increase domestic energy production to help us avoid one.
Barriers Stop Energy Companies of All Sizes
Environmentalists and regulators go after energy companies large and small, stopping them from producing more domestic energy and creating jobs.
Check out Shell Oil President, Marvin Odum's speech at the Chamber.
Pennsylvania Shows Energy Development Boosts Economy
Healthy economic growth will do much to solve many of the problems facing us today. Economic growth means jobs for the unemployed and more revenue for debt-laden governments. Pennsylvania gives us a case study for harnessing energy development for economic growth.
Regulations, Lawsuits Slow Down Energy Production; Some Signs of Movement
The current national energy policy is like a game of that arcade favorite “Whac-A-Mole” in which energy businesses are having to try to whack at a seemingly endless onslaught of regulations that can pop up from anywhere at anytime, according to Marvin Odum, president of Shell Oil Company.
Partnership to Fuel America
Government Must Quit Building Roadblocks to Energy Production

Keystone XL Delay Costs Jobs and Energy Security
Yesterday, the House of Representatives passed a bill that would force the administration to give a yea or nay by November 1 to the Keystone XL pipeline project that would deliver Canadian oil to the U.S.
The administration wants to wait until the end of year to make a decision, but Mark Green at the Energy Tomorrow Blog asks, "Why wait any longer than necessary?"
Chamber's Kovacs Discusses EPA Regulations on Fox Business
Bill Kovacs, senior vice president for Environment, Technology and Regulatory Affairs, appeared on Fox Business to discuss EPA regulations and Project No Project --a Chamber study that reveals the adverse economic impact of 351 stalled energy projects, many of them green projects. The interview is part of Fox’s “Theme Week,” which looks at the impact of government programs on business.
A Transportation and Energy Plan for America
We all feel the pain of rising oil prices—when we ship goods by truck or plane and when we fill up at the gas pump. U.S. families and businesses spent more than $900 billion on refined oil products in 2008.
Not only is our dependence on foreign oil expensive, it’s also risky. Too often, oil dependence requires us to accommodate hostile governments that share neither our values nor our goals, making both the United States and its allies vulnerable.
Alaska Announces New Domestic Drilling Plan
Big energy news was broken at today's press conference at the Chamber. Alaska Gov.
Tapping Strategic Petroleum Reserve Leads to More Questions
The President's decision last week to release 30 million barrels of oil from the Strategic Petroleum Reserve has people still scratching their heads. The Detroit News writes in an editorial:
Administration, Congress Tackle Energy Production with Mixed Results
While the Obama Administration continues to pursue policies that will only provide short-term energy relief, Congress has moved ahead on two U.S. Chamber-supported bills that will boost domestic production of oil and significantly increase America’s energy and economic security.
The administration announced this week that it will release 30 million barrels of oil from the U.S. Strategic Petroleum Reserve in an attempt to lower oil prices.
Increase Domestic Oil Production. Don't Tap Strategic Petroleum Reserve
The administration announced it will release 30 million barrels of oil from the U.S. Strategic Petroleum Reserve in an attempt to lower oil prices. The Chamber thinks this is bad energy policy.
A Shared Commitment to Increasing America’s Energy Efficiency
Environmental Groups' Lawsuit Will Raise Energy Prices, Cost Jobs
It's great to be a part of the Chamber team. I hope to get the Chamber more engaged in policy conversations in the blogosphere. Two of those conversations revolve around job creation and energy production.
These two issues are on the minds of Americans. many of whom are unemployed or fear their jobs will soon vanish and worry about the rising cost of energy when they fill their gas tanks or read their utility bills.
If the Earth Is Full, It Shouldn’t Also Get Poorer
Tom Friedman had an interesting column yesterday with the intentionally provocative title of "The Earth is Full." While the title indicates that Mr. Friedman hasn’t been to Central Pennsylvania, West Texas, the Australian Outback or numerous other “not full” places, the piece makes a very important point about the Earth’s resources – namely, they are limited and we use them up at our peril.
Mr. President, It's Time to Secure Our Energy Future
As I read the breaking news headlines this morning that OPEC decided to keep its oil output unchanged, it’s an immediate reminder that we cannot continue to put our
Busting Gas Price Myths
With Memorial Day weekend upon us, many families will be hitting the road to visit family and friends and celebrate the long weekend. They’ll inevitably stop at the gas station to fuel up and watch their gas tab put a dent in their weekend budget. The national average gasoline price of $3.81 is lower than a few weeks ago, but highs still top $4 a gallon in many states. High gas prices remain an unwelcome and unexpected tax on families and small businesses.
Gas Prices, Lawsuits, and Taxes
Yesterday at America’s Small Business Summit, a trio of U.S. Chamber senior executives weighed in on three issues that are keeping small business owners up at night.
Senate Rejects Legislation to Raise Taxes on Oil and Gas Industry
U.S. Chamber of Commerce Executive Vice President for Government Affairs, Bruce Josten, issued the following statement applauding the Senate for rejecting S. 940, a bill to impose punitive tax hikes on the oil and gas industry:
Raising taxes on oil companies would end up ultimately hitting consumers’ wallets, and the Senate was right to reject this bill. Levying punitive new taxes and fees on America’s oil and gas industry would increase U.S. dependence on foreign oil, increase costs to consumers, jeopardize U.S. jobs, and erode economic competitiveness.
Chamber Key Votes Competing Energy Bills
Ahead of scheduled votes in the Senate on competing energy bills, the Chamber sent a key vote letter today strongly supporting Senator McConnell’s “Offshore Production and Safety Act” (S. 953), and reiterating its strong opposition to S. 940 which would impose punitive tax hikes on the oil and gas industry.
As Bruce writes, the McConnell bill
New Taxes on Oil Companies is Bad Policy
Ahead of Wednesday’s vote in the Senate on S. 940, Senator Menendez’s bill to impose punitive tax hikes on the oil and gas industry, the Chamber sent a key vote letter to members of Congress opposing the legislation.
House Votes to Lift Drilling Moratorium, Put Americans Back to Work
The House and Senate took very different approaches to addressing gas prices this week, with the House passing two more Chamber-backed bills designed to increase domestic energy production and put Americans back to work and the Senate moving toward increasing gas taxes.
A Contrasting Approach
Yesterday, the House of Representatives passed another piece of legislation that would begin to address our nation’s long-standing refusal to take advantage of our own energy resources. The House passed H.R.1229, the “Putting the Gulf Back to Work Act, and is also poised to pass H.R.1231, the “Reversing President Obama’s Offshore Moratorium Act” in the c
Tax Hikes For Oil Companies – The Wrong Approach
At a National Press Club luncheon today, U.S. Chamber Chief Economist and Senior Vice President Dr. Marty Regalia pointed out that Congress is missing the target by taking aim at oil and gas companies.
House Takes Action on Bills to Increase Oil Production, Ease Gas Prices
The House passed the first of three Chamber-backed bills to ease restrictions on offshore oil drilling in an attempt to increase domestic supplies, create jobs, and stabilize gas prices.
Offshore Permitorium Moving Onshore?
Louisiana’s economy can’t seem to buy a break these days. First came Hurricane Katrina and then a few years later the Gulf of Mexico oil spill, both of which knocked the state’s economy back on its heels. Then there was the Obama Administration’s over-reaction to the Gulf oil spill. Its de facto “permitorium” on offshore oil and gas exploration and drilling piled even more misery on an already miserable economy and by many accounts is potentially more debilitating to the Louisiana economy as the spill itself.
Energizing the Energy Debate
Kudos to the House of Representatives for taking steps to address exorbitant gasoline prices and rising frustration among American families and small businesses.
Why We need a Clean Energy Bank
Readers Debate Energy
Stalled Energy Projects
There is a phrase in the bill of rights that says “pursuit of happiness.” What does that truly mean? Seems it means the ability to stop others from “pursuit of their happiness.” I can understand people not wanting an eyesore in their backyards, but they are the first to complain about high energy costs.—Joe Kostelac, Kansas City, MO
Capital Roundup
| BILL NAME | SUMMARY OF BILL AND WHAT IT MEANS TO YOU | U.S. CHAMBER'S POSITION | STATUS |
|---|---|---|---|
|
REINING IN EPA H.R. 4 Small Business Paperwork Mandate Elimination Act of 2011 |
Our Energy Challenge
It’s beginning to feel like 2008 again. In the summer of that year, gas prices reached all-time highs, digging the economy deeper into recession. Because Congress failed to address our fundamental energy problems then, it consigned Americans to a future of erratic energy prices.
Today, with unrest in North Africa and the Middle East riling the markets and crude oil prices at historic highs, gas prices are again on the rise, threatening to steer our economic recovery off course.
EPA’s Tentacles Grow
Regulatory abuse is occurring in a number of federal agencies. But the Environmental Protection Agency (EPA) just might be the largest offender of them all, seeking to expand its powers and put forward big, aggressive, and expensive proposals that threaten economic growth and job creation.
Administration’s Rhetoric About Oil and Natural Gas Subsidies is Off the Mark
Over the last week, the Obama Administration and some in Congress have stepped up rhetorical attacks on America’s oil and natural gas industry for receiving what they call “subsidies” at a time when gasoline prices are high and oil companies are reporting strong earnings. With recent polls showing that an increasing percentage of Americans blame the president for blocking more domestic energy production, it is not surprising that the Administration is looking to deflect the blame and foist it on industry instead.
Aviation CEOs Look for Leadership from President
The CEOs of Jet Blue Airways, U.S. Airways, FedEx Express, and Cessna Aircraft Co. said that their industry is looking for leadership from the president.
Six Ideas For Celebrating Earth Day
Happy Earth Day!
Policies Impact Gulf Coast Economy One Year Later
Today is the one-year anniversary of the tragic accident and oil spill in the Gulf of Mexico. Over the past 365 days, the Gulf Coast economy has evolved significantly. When the spill occurred, the Gulf Coast was still rebuilding from the devastating 2006 hurricanes and the cleanup effort. Economic recovery seemed like a monumental undertaking. Today, the seafood, tourism, and other industries are rebounding, and the ecosystem is beginning to thrive again. So what about energy production in the Gulf?
Winds of Change Blowing in Cape Cod
Yesterday, the Interior Department approved the construction and operating plan for Cape Wind, clearing a major regulatory hurdle for the nation’s first offshore wind farm. Construction could begin as soon as this fall on the Nantucket Sound project.
Rare Earth Elements and Our Clean Energy Future
What do a cell phone, a hybrid car, and a wind turbine have in common?
They all require rare earth elements.
Rare earth elements are not, despite their name, actually rare. The term dates back to the 18th and 19th centuries before it was clear how common most rare earth elements are. They are, however, difficult and expensive to mine—and control of their supply is igniting worldwide debate.
Less Noise, More Action on Energy and Climate Issues
There’s enough noise rattling around in the energy and climate debate that it sometimes sounds like an off-pitch band marching past your office window (not that the Chamber knows anything about this). All of this become a distraction from the actual work being done in Washington to address energy and climate issues in a commonsense, bipartisan manner.
Good Business and Green Business: A Blurring Line
Going green often connotes an altruistic goal with implied sacrifice. But, in fact, going green is an opportunity. An opportunity to create new American industries and jobs, to strengthen our economy, and to enhance our global competitiveness. And that opportunity is not lost on business.
Meeting the Energy Storage Challenge
At the April 15, 2011 Chamber Special Briefing Series, energy storage technology was discussed by Eric Hsieh, who is the Regulatory Affairs Manager for A123 Systems, where he promotes policy reforms that bring storage benefits to electricity users and markets. Previously, he was the Government Relations Manager at the National Electrical Manufacturers Association, where he supported advanced transmission technologies as solutions for climate, economic, and security challenges.
U.S. Chamber Official Outlines Clean Energy Jobs Plan Before Congress
Congress can create tens of thousands of clean energy and energy efficiency jobs without spending any federal funds by streamlining the broken permitting process for new energy projects and better utilizing a government program to retrofit federal buildings with energy efficient equipment, says Bill Kovacs, U.S. Chamber senior vice president of Environment, Technology, and Regulatory Affairs.
Not a Drop to Drink?
Are water main breaks the new Old Faithful?
They might be if we don’t take action on our water infrastructure soon. Badly outdated and increasingly showing its weaknesses, the American Society of Civil Engineers gave our nation’s drinking water system a D-minus in its 2009 Report Card of America's Infrastructure.
The Road to Prosperity isn’t Paved with Good Intentions
You ever wonder how much impact a single person has on the economy? Yesterday the Phoenix Center reported that on average, “eliminating the job of a single regulator grows the American economy by $6.2 million and nearly 100 private sector jobs annually.” Hard to believe that a single nameless, faceless Washington bureaucrat holds that much sway over our economy.
Thousands of Jobs are Right in Front of Us
While there are signs the economy is turning around, the unemployment rate remains stubbornly high. There are no easy solutions and it’s not going to get better overnight. But there are simple steps we can take that will make a big difference while improving our energy efficiency at the same time.
A Path to Clean Energy Jobs
Ahead of tomorrow’s House Science Committee hearing on “Green Jobs and Red Tape: Assessing Federal Efforts to Encourage Employment,” the Chamber’s Bill Kovacs provides a video preview of his testimony. Bill will point to the Energy Savings Performance Contracts program and the Chamber’s recent “Project-No-Project” study to demonstrate how Congress can create tens of thousands of clean energy jobs without the use of any federal funds.
President’s Energy Plan ‘Disturbing,’ Says U.S. Chamber Official
The president and CEO of the U.S. Chamber’s Institute for 21st Century Energy criticized President Obama’s remarks on energy security last week and called on Congress to reverse federal policies that have restricted development of America’s natural energy resources.
EPA Cries Over Spilled Milk
The Environmental Protection Agency (EPA) was considering regulating spilled milk the same as an oil spill as part of its spill prevention regulatory program. Milk contains a percentage of animal fat, which is a nonpetroleum oil. Dairy farmers would have been responsible for developing a spill prevention plan equivalent to an oil spill prevention plan. The EPA recently agreed to exempt milk spills from the rules.
Source: The Post-Star, February 16, 2011
Energy Investments On Hold
The successful construction of 351 energy projects stalled by legal and regulatory roadblocks could produce an immediate $1.1 trillion boost to the economy and create 1.9 million jobs annually, according to a new study. Over 20 years, the projects would add $3.4 trillion in GDP, including $1.4 trillion in employment earnings, and an additional one million or more jobs per year.
The Truth About "Use it or Lose It" on Oil and Gas Exploration
Of all the arguments that opponents of new domestic oil and gas exploration use, none are as big a fallacy as the myth that oil companies are “sitting on” a large percentage of available land to explore. This argument has led to so-called “use it or lose it” proposals which would place new timelines and restrictions on exploration.
More Self-Reliance in our Energy Future
Want Wind Power? Regulations Don't.
Congress Pushes Back Against EPA
In a sign that Congress is trying to reclaim its rightful authority from a fast encroaching Environmental Protection Agency (EPA), a key House panel on March 16 passed a Chamber-supported bill to block the agency from regulating greenhouse gas emissions under the Clean Air Act.
EPA’s regulations will impose a significant burden across the U.S. economy. The agency itself admits that eventually as many as six million of America’s industrial facilities, power plants, hospitals, agricultural and commercial establishments will be subject to its new regulatory regime.
President Clinton: Oil and Gas Permitting Process is "Ridiculous"
The Facts About U.S. Oil Production
At his press conference this afternoon to address rising gasoline prices, President Obama claimed credit for boosting U.S. oil and gas production:
Energy and Jobs
The Chamber’s new study, Progress Denied: A Study on the Potential Economic Impact of Permitting Challenges Facing Proposed Energy Projects, reveals that stalled energy projects are costing the U.S. economy nearly 2 million jobs.
The Cost of Red Tape: $1.1 Trillion & 2 Million Jobs
Project No Project
By Bill Kovacs
Red tape is costing green jobs
A Victory for Jobs and Growth in Minnesota
by Bill Kovacs
Kudos to Minnesota Governor Mark Dayton for bucking pressure from extreme environmentalists and signing legislation that will cut through the bureaucracy and facilitate the construction of energy and industrial projects that will spur economic growth and job creation.
What it Will Take to Charge Ahead
More Hot Air on Climate Change
Bill McKibben never let facts get in the way of a compelling narrative that serves his narrow political interests but has only a passing relationship to the truth. In a rambling op-ed in The Washington Post today, McKibben accuses the Chamber of denying the science of climate change and "opposing any action" on the issue. He even faults us for questioning EPA’s go-it-alone plan to regulate carbon emissions--an approach that is opposed by mainstream Democrats and Republicans alike across Capitol Hill.
America Open for Business
Earlier this week a federal judge in Louisiana called the Obama Administration’s lack of action on a single permit for energy exploration in the Gulf of Mexico "unreasonable, unacceptable, and unjustified
Some Clues on Energy in House Budget Vote
U.S. Chamber: Leading on Emerging and Clean Technologies
Winning the Present in the Gulf
The Obama Administration has talked about “winning the future” ever since the President’s State of the Union address. It’s important for any Administration to think about the future, but how about a little thinking in the present? It seems to us that before we can win the future, we need to get busy winning the present, and that means gett
Energy Institute Releases Five-Point Energy Realities Plan
State of the Union Recap: A Look at the President’s Plan for Jobs and the Economy
During his January 25 State of the Union address, President Obama offered a number of proposals designed to jumpstart the sluggish economy, create more U.S. jobs, and sharpen U.S. competitiveness. Below are the key proposals and the Chamber’s reaction.
EDUCATION
Our Commitment to Energy Research and Development
Recently, there's been a little bit of internet-driven confusion about the Energy Institute's support for clean energy research and development (R&D). I thought it might be a good time to highlight our substantial record of support for increased energy R&D, since we believe innovation is essential to our long term future.
It's Time to Let America's Oil and Gas Industry Get Back to Work
Kyoto Protocol: Mind the Gap
I've said in previous posts that the biggest news was the Japanese refusal to consider a second round of targets and timetables under the Kyoto Protocol. There was talk about stretching out the existing targets for a couple of years to allow for more time to strike a bargain, but even that was too much for the Japanese, who also unequivocally said no to an extension. How this plays out will be something to watch.
Chamber Responds to EPA Administrator Lisa Jackson's Editorial
by Bruce Josten
Business Roundtable Issues "Roadmap for Growth"
by Pat Cleary
Yesterday, the Business Roundtable (BRT) issued its "Roadmap for Growth", a self-described "Plan to Drive Economic Prosperity in America." The plan focuses on 5 key "pillars":
Cancun Update: Technology
One thing the business community is taking a close look at here in Cancun is the technology discussions under the "LCA" negotiating track, one of the two negotiating tracks (the other being the Kyoto Protocol track).
Sayonara Kyoto Protocol?
At the global climate change talks last week, the Japanese delivered a statement in the Ad Hoc Working Group on the Kyoto Protocol that reverberated throughout the halls of Cancún's Moon Palace.
For those of you unfamiliar with the intricacies of the UN Framework Convention on Climate Change—UNFCCC—there are two negotiations moving simultaneously, one in the Ad Hoc Working Group in the Kyoto Protocol and one in the Ad Hoc Working Group on Long-Term Cooperative Action (LCA) under the UNFCCC.
A Shortsighted Plan for Offshore Exploration
The Obama administration announced today that the Eastern Gulf of Mexico, Atlantic, and Pacific coasts will be excluded from the Department of Interior's upcoming Five Year plan for offshore oil exploration.
Karen Harbert, president and CEO of the U.S. Chamber's Institute for 21st Century Energy, noted that this decision will have a further negative impact on the economy:
Tax Policy Results in Higher Energy Costs
U.S. oil and natural gas companies already bear a heavier tax burden than their overseas competitors, and proposals to increase their taxes would further erode the industry’s competitiveness and increase energy costs for U.S. consumers, according to studies cited by the U.S. Chamber’s Institute for 21st Century Energy.
Charting a Course for Energy
An Interview With Constellation’s Mayo Shattuck

Photo: Ian Wagreich
Energy Institute Teams With Scholastic to Raise Students' Energy Awareness
The U.S. Chamber’s Institute for 21st Century Energy has launched a nationwide education program to educate up to six million middle school students in more than 100,000 classrooms about energy this school year.
Lifting of Drilling Ban Is ‘Too Little, Too Late,’ Says Chamber Official
An Obama Administration decision to lift its moratorium on offshore oil exploration in the Gulf of Mexico six weeks ahead of schedule will not prevent significant economic harm to the Gulf region and to America’s energy security, says Karen Harbert, president and CEO of the U.S. Chamber’s Institute for 21st Century Energy.
"Lifting" the Offshore Moratorium
Secretary of the Interior Ken Salazar and Director of the Bureau of Ocean Energy Management, Regulation and Enforcement Michael R. Bromwich's announced today that they are lifting the moratorium on offshore exploration.
Senate Report Finds EPA Policies Will Cost Jobs, Raise Energy Prices
As Americans suffer through a jobless recovery, the EPA is pursuing policies that will exacerbate the nation’s economic problems, destroy hundreds of thousands of jobs, and will not improve the environment, according to a recent report released by Republicans on the Senate Committee on Environment and Public Works.
The report examines the impact on jobs and the economy from EPA’s greenhouse gas proposals, its new standards for commercial and industrial boilers and Portland cement plants, and the revised National Ambient Air Quality Standard for ozone.
The EPA, Manufacturing and Jobs
There is a new report out from the Minority staff of the Senate Committee on Environment and Public Works titled "EPA's Anti-Industrial Policy: Threatening Jobs and America's Manufacturing Base," it looks at:
Proposed Energy Taxes Would Have Large Economic Impact, Studies Find
Higher taxes on U.S. oil and gas companies mean a less competitive industry and higher energy costs, according to the U.S. Chamber’s Institute for 21st Century Energy.
“As Congress and the administration contemplate new tax policies, it’s critical to have a complete and full understanding of the consequences of those proposals,” says Karen Harbert, president and CEO of the Institute.
U.S. Chamber Calls for Comprehensive Solutions at Clean Energy Summit
As Congress and the administration consider energy policy, it is more important than ever that they look at options that don’t further burden taxpayers or jeopardize energy security and that offer the greatest return on investment to the economy, said U.S. Chamber President and CEO Tom Donohue at the National Clean Energy Summit at the University of Nevada, Las Vegas, on September 7.
On Tour, Energy Institute Calls for Commonsense Policies
The U.S. Chamber Institute for 21st Century Energy is engaging in a national discussion about America’s energy future and building support for meaningful action with a multi-state tour.

Energy Institute President Karen Harbert speaks to an audience in Anchorage about energy solutions.
U.S. Chamber Disappointed by EPA's Rejection of Petition
The U.S. Chamber expressed disappointment with the EPA’s failure to reconsider its flawed decision to regulate greenhouse gases under the Clean Air Act. The Chamber intends to appeal the ruling.
Readers Weigh In on a VAT, Energy
Value Added Tax
We left Canada in the 1990s when it implemented a VAT, called GST for Goods and Services Tax. In my opinion, if you want to see a mass exodus of manufacturers, professionals, etc., to other countries, advocate for a VAT. I never thought that I would see the United States in this situation!
—C. Oliver, Murrieta, CA
On EPA’s Failure to Reconsider Endangerment Finding
Today the Environmental Protection Agency’s (EPA’s) denied the U.S. Chamber’s petition to reconsider triggering the Clean Air Act to regulate greenhouse gas emissions.
The U.S. Chamber, policymakers, numerous trade groups, state governments, and businesses throughout the country have collectively raised strong concerns about the significant negative impact EPA’s endangerment finding will have on jobs and local economies.
Already Hundreds of Gulf Jobs Set to Move Overseas due to Obama Moratorium
Today’s Houston Chronicle reports that international oil field services company Baker Hughes is relocating hundreds of American jobs overseas as a result of the federal moratorium on offshore energy exploration.
Adding Insult to Injury on the Gulf Coast
This morning business leaders from the Gulf Coast region gathered on Capitol Hill to discuss the economic hardships and uncertainty they face as a result of the Obama administration’s blanket moratorium on oil and natural gas exploration in the Gulf of Mexico.
Voices from the Gulf Coast on Economic Survival
As thousands poured into the Cajundome this morning to rally against the Obama Administration’s moratorium on offshore exploration, many wanted to speak directly to government leaders in Washington, DC.
Attendees discussed firsthand their experiences trying to make ends meet for their families and businesses in an uncertain time for Gulf residents. Listen to their stories here:
Energy Tour in Alaska
Right now, Energy Institute president and CEO Karen Harbert is addressing the 2010 Annual Meeting of the Resources Development Council.
Over 1000 attendees from across Alaska have gathered in Anchorage to hear Harbert discuss America's energy realities and opportunities. The group is made up of representatives from virtually every industry in Alaska, from transportation and tourism to oil and gas.
Rally for Economic Survival - A Call for Common Sense
Rally for Economic Survival
U.S. Chamber Rejects Ban on Offshore Energy Exploration
The U.S. Chamber and other members of the Alliance for Energy and Economic Growth (AEEG) sent a letter to Interior Secretary Ken Salazar asking him to reconsider the six-month standstill on deepwater exploration in the Gulf of Mexico.
Energy Reality Tour in the Pacific Northwest
I'm writing from Washington state today, where the Energy Institute's 2010 Energy Reality Tour continues. Karen Harbert just wrapped up a speech to over 300 attendees at the 2010 Women in Nuclear conference, which brings together women from across the country who work in the nuclear industry. It was certainly gratifying to see so many woman committed to delivering clean, emissions free nuclear power to communities from coast to coast.
Jobs in Deep Water
The Wall Street Journal has a scathing op-ed today about the administration’s renewed moratorium on deep water. It states:
Growing Regulation Hinders Economic Recovery
The avalanche of new and proposed rules and regulations introduced by the Obama Administration and its federal agencies is creating great uncertainty among businesses and stifling job creation, according to business owners and academia attending a July 8 forum hosted by the National Chamber Foundation (NCF), the U.S. Chamber’s public policy think tank.
Stop the Moratorium On Jobs and Growth
Stop the Oil, Not Job Creation
Maura Donahue, vice president of business development for DonahueFavret Contractors, and former U.S. Chamber Chair, has this op/ed today on the Politico:
Harbert: Let's Not "Dash to Rash" on Energy Policy
Karen Harbert, president and chief executive officer of the U.S. Chamber's Institute for 21st Century Energy, has a post today in Politico's Arena blog. The subject: the Administration's moratorium on offshore energy development. Karen begins:
The Obama administration’s moratorium on offshore development is a classic example of Washington “dash to rash” decision making. In his ruling, Judge Feldman referred to the moratorium as capricious and arbitrary.
Impacts of the Administration’s Ongoing Gulf Oil Moratorium
The U.S. Chamber this week called on the Obama Administration to lift its six-month moratorium on active deepwater drilling leases in the Gulf of Mexico. Imposed four weeks ago, the moratorium is already negatively impacting the local economy and thousands of American jobs.
U.S. Energy Security at Risk
The United States’ energy security risk is set to rise to near record levels in the next 20 years unless the nation changes course, according to a new study by the U.S. Chamber’s Institute for 21st Century Energy.
G-8, G-20 Declarations Show Continue Divide on Energy and Climate Change
Climate change and energy were featured in the statements of the G8, G8+G5, and G20 declarations coming out of Canada over the weekend, and once again their treatment of these issues demonstrates the large divide between developed and developing countries. Our pre-Copenhagen report (PDF) highlighted some of the divisions evident in the leaders’ declarations from d’Aquila, Italy last year, and the passage of time hasn’t lessened them any.
Many Points to Consider on Energy
This morning our recently released Index of U.S. Energy Security Risk got some attention from the Council on Foreign Relations. They suggested that the American Power Act released last month by Senators Kerry and Lieberman could improve U.S.
Finding Common Ground through “Common Space”?
The Energy Institute’s Steve Eule continues his look at the Bonn climate talks, which he attended.
One of the big issues facing negotiators is whether and how the two negotiating tracks—one under the Kyoto Protocol (to the U.S. is not a Party) and the other through the overarching Framework Convention. The two groups now can’t formally talk to one another—the groups’ two Chairs are permitted to have a collegial cup of coffee together, but that’s about it.
Statement on BP Oil Spill Cleanup
Thomas J. Donohue, president and CEO of the U.S. Chamber of Commerce, issued a statement today clarifying comments that he made at a recent Christian Science Monitor media breakfast on the BP oil spill cleanup efforts:
Protect Jobs and the Environment
Sen. Scott Brown had this op/ed today on CapeCodOnline.com, some selections:
The Copenhagen Accord - Follow the Money
The Energy Institute’s vice president for climate and technology, Steve Eule, is in Bonn at the U.N. climate change conference. The conference is being held in preparation for this December’s COP in Cancun, Mexico.
GHGs and the EPA – Let the Misrepresentation Begin
Jon Krosnick, professor of communication, political science and psychology at Stanford, has this op/ed in the NY Times today. First let's look at the set-up:
Live from…Bonn
The Energy Institute’s vice president for climate and technology, Steve Eule, is in Bonn at the U.N. climate change conference. The conference is being held in preparation for this December’s COP in Cancun, Mexico. Steve first blog post from Bonn is below.
Bonn jour! Welcome to my first posting from Bonn, where over 190 countries are gathered to negotiate a new international climate change agreement.
Greenhouse Gas Emissions and the Clean Air Act
Bruce Josten sent this letter to all Members of the Senate today:
Assessing America’s Energy Security
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By Tom Donohue, President and CEO, U.S. Chamber of Commerce |
Help Stop the EPA's Climate Change Power Grab
Congress isn't perfect. That's for sure. But at least we have the chance to hold them accountable every two years at the ballot box. Unfortunately, the same can't be said for White House bureaucracies like the Environmental Protection Agency (EPA). However, the EPA is ready to side-step Congress to enact harmful, de facto climate change regulations that pose a direct threat to America's economic recovery.
Let's Rebuild America's Energy Infrastructure
The Chamber’s Let’s Rebuild America initiative and the National Chamber Foundation today held the third in a five part series of forums examining the concept of a national infrastructure bank. Today’s event focused on a clean energy bank, and was cosponsored by the Chamber’s Institute for 21st Century Energy.
Chamber’s Energy Institute Unveils New Energy Security Tool
The United States’ energy security risk is set to rise to near record levels in the next 20 years unless the nation changes course, according to a new study by the U.S. Chamber’s Institute for 21st Century Energy.
First-of-its-Kind Index of U.S. Energy Security Risk
While the term "energy security" has been used for decades, it is a concept that has never been objectively defined -- until now. The Chamber’s Energy Institute today unveiled our first annual Index of U.S. Energy Security Risk -- a quantifiable measurement of energy security from 1970-2030.
On the American Power Act
As introduced by Senators John Kerry and Joseph Lieberman.
The Chamber supports efforts to address energy security and climate change, and believes that any legislation must be comprehensive and bipartisan, and take into account a wide spectrum of issues including American jobs and our economy. We thank Senators Kerry and Lieberman, as well as Senator Graham, for their work to constructively engage the business community on these issues.
Secretary Salazar Makes the Right Call on Cape Wind
Innovation for a Greener, Cleaner Planet
For forty years now, we have celebrated Earth Day. And with each passing decade we have become more and more aware of the importance of sound environmental stewardship for ourselves and our children. We have made great progress over the years, but we also realize that more must be done to protect our natural resources and keep our environment clean.
The Business of Earth Day
Here is what BCLC Senior Advisor Ben Erulkar had to say in commemoration of Earth Day:
On this 40th Earth Day, companies from all industries - from Abbott, Allstate, and ARAMARK to Siemens, Shell, and Southwest - are minimizing their environmental footprint and advancing sustainability.
The Good, The Bad, The Morbid
Modern energy consumption has become so disconnected from modern production that if you asked the average person where electricity comes from they would point at an outlet on the wall. Then occasionally something happens which brings home the fact that supplying half of our nation's electricity is not an easy task. It is hard and often entails dangerous work. Last week's tragic coal mining accident in West Virginia is a case in point.
Oil Drilling Plan Inadequate, U.S. Chamber Says
President Obama’s plan for new oil and natural gas drilling off parts of the U.S. coastline does not go far enough and would take years to bear fruit, says the U.S. Chamber’s Institute for 21st Century Energy.
Putting the Energy Pieces in Place
Chamber Says Develop All Sources, Remove Barriers

A Hamstrung Nuclear Waste Commission
Today marked the first meeting of the Department of Energy’s much anticipated Blue Ribbon Commission on America’s Nuclear Future (BRC). I think it’s important to note what this commission is and is not. It is a panel made up of highly esteemed professionals representing various professions, perspectives, and levels of experience. That breadth of experience would add significantly to the credibility of the commission’s report when it is delivered to the Secretary of Energy within two years—if the commission is given the freedom to complete its task.
Asking Congress to Keep Yucca Application Alive
Last week, the U.S. Chamber’s Energy Institute was among 17 groups that sent a letter to Senate and House Appropriators opposing the Administration’s proposed funding cuts to the Yucca Mountain License Application.
The letter vigorously opposes the Department of Energy’s proposed termination of the Yucca Mountain License Application, which is currently pending before the Nuclear Regulatory Commission.
Support for a Congressional Approach to Climate Change
The Chamber has long supported a Congressional approach to addressing climate change and the reduction of greenhouse gas emissions.
Carbon and Technology
The Economist looks at Paul Krugman's "toy model" of carbon pricing:
Economy in the Front - Carbon Caps in the Back
Two from the Wall Street Journal. First from the homepage:
Transparency Incarnate
On his very first full day in office, President Obama sent a memorandum to his executive agencies extolling the virtues of transparency and open government and directing them to facilitate public access to information. To further that directive, Obama issued a second memorandum encouraging agencies to “adopt a presumption in favor of disclosure” when responding to public requests under the Fr
New Report Shows Copenhagen Commitments Fall Short
The U.S. Chamber's Institute for 21st Century Energy released "Copenhagen Accord By-the-Numbers" today, a report which reveals that, even if emissions reduction pledges made under the Copenhagen Accord were adopted, the world would still see a significant rise in greenhouse gas emissions, primarily because of growing emissions from developing countries.
Finally, Movement Forward on Nuclear
We are very pleased by the Administration's announcement (see USA Today or Washington Post) that the Department of Energy (DOE) has finally issued its first conditional loan guarantee for two new state-of-the-art reactors at Southern Company's Vogtle Nuclear Site in Georgia.
U.S. Chamber Files Petition to Challenge EPA’s Triggering of Clean Air Act Regulation
The U.S. Chamber strongly supports efforts to reduce greenhouse gas emissions in the atmosphere, but we believe there’s a right way and a wrong way to achieve that goal.
Cape Winds of Change
Walking the Walk on Nuclear?
Press reports indicate that Obama Administration is asking Congress for an additional $36 billion in authorization for nuclear loan guarantees in today’s FY2011 budget submission, bringing the total available for new nuclear power plants to $54 billion.
After Copenhagen
As we've blogged about, the Energy Institute's Steve Eule represented the US Chamber at the UN COP-15 Climate Conference in Copenhagen. Just a little over a month ago, the conference concluded with a "political agreement" brokered by President Obama. Steve blogged about the agreement and gave a quick wrap up of the conference a few weeks ago.
More Energy, More Jobs
In this week's State of American Business address, U.S. Chamber president and CEO Tom Donohue outlined a five point plan to help create jobs and revive America's economy. A central plank in his plan is upgrading America's infrastructure and expanding our energy options, which will speed our economic recovery, establish a 21st century energy economy, and importantly, create tens of thousands of good paying American jobs.
From the States - Emissions and the EPA
On the EPA regulating greenhouse gases under the Clean Air Act:
Meet the Carbon Tort
The Copenhagen Accord
Many of you are probably a bit confused by the results of the UN Framework Convention on Climate Change (UNFCCC) meeting in Copenhagen. Depending on which account you read, it was an unprecedented success or a complete failure, and everything else in between.
To Build or Not To Build, That is the Green Power Question
Energy Section tweets "Green power projects face new hurdle" regarding this Market Watch article, but unfortunately these hurdles are hardly new:
IP and Copenhagen – Final Thoughts
by Mark Esper
Despite the lack of real agreement in Copenhagen, there is clearly a consensus among the nations gathered that climate change must be addressed. All agree as well that new and innovative technologies will be critical to helping nations deal with global warming adaptation and mitigation. Most of these innovations will come from the private sector, which has been expending a great deal of time, effort, and resources—with much more to follow—on these cutting edge technologies.
In Copenhagen - Hurry Up and Wait
We're stuck in the position now where those outside the Bella Center probably know more about what's going on in the climate negotiations than those inside the Center. First, a bit about what happened yesterday. At the opening plenary, after negotiating sessions lasting well into the morning, the Danes announced that the Kyoto Protocol Plenary would consider two new texts—a Kyoto Protocol text and an "LCA" or Framework Convention text—instead of the texts the negotiator had pored over virtually round the clock.
Tilting At vs. Building Windmills
Just in time to delay our annual holiday event for children and families from a local charter school, Greenpeace staged a little bit of "street theater" outside the U.S. Chamber today.
Endangerment vs. Federal Legislation
From NPR's Morning Edition:
In a new world, electric companies and manufacturing plants will have to control their greenhouse gas emissions. Congress is debating setting up a cap and trade system to cut global warming pollution across the whole economy. Meanwhile, the Environmental Protection Agency has announced it plans to regulate emissions from big polluters. Companies are comparing the impact of the two approaches to decide which one would work better for them.
Climate Links
Haven't posted these for a little bit--some climate links of interest.
Updates from Copenhagen — Bad News for Intellectual Property Rights?
The Energy Institute’s Steve Eule has been representing the Chamber in Copenhagen, and tonight he checks in with some troubling news about the prospects for strong intellectual property rights in an international climate agreement. Steve’s latest blog entry on Politico details the latest turn of events.
Private Financing and Emissions
Janet Kavinoky recently made the case for private financing in regards to rebuilding our nation's infrastructure, here is the head of the International Energy Agency talking emissions:
The Business Community in Copenhagen
While most of the attention is on the negotiators during these two weeks—and rightly so—the business community is also busy in Copenhagen highlighting what it is doing to respond to the challenge of climate change. Here are a few highlights.
Preservation of IP: One of Many Goals in Copenhagen
As the world gathers over the next two weeks in Copenhagen to reach consensus on how to address our climate change challenges, a bevy of "other" issues – all related in some way to climate change – will be taken up. Among those will be intellectual property (IP) rights, and how they relate to the development and diffusion of new technologies that will help us reduce CO2 emissions and adapt to changes in our environment.
Job Creation - Yesterday Not So Much
What We’d Like to See in Copenhagen
I’ll be heading off to Copenhagen later this week, but before I go I wanted to take some time to explain what it is the U.S. Chamber and its Institute for 21st Century Energy would like to see coming out of Copenhagen. It’s appearing more and more likely that in two weeks’ time, we’ll get a political deal that will set the stage for further rounds of negotiations leading up to Mexico City in December 2010 where countries will sign off on a new post-2012 agreement. As always, the devil will be in the details.
Will Business Save the Earth?
Climate Action Success Depends on Businesses
In a Politico Ideas piece, Karen Harbert lists facts, fiction about Chamber's involvement in climate change talks:
Jobs Summit - The Innovation Agenda and Green Jobs of the Future
Since the dawn of time, human innovation and creativity have transformed the world and our place in it, in ways known and ways yet to be discovered. From microwaves and washing machines, to vaccines and jet aircraft, innovation has provided new opportunities, helped solve old problems, and made life more efficient.
DeSmog Fog on Copenhagen
I see Jim Hoggan over at DeSmog Blog has a post up taking issue with the Chamber for our recent report on Copenhagen. Unfortunately, his analysis is short on fact and long on innuendo.
Protesting Jobs and Apple Pie
There’s a story in today’s SF Chronicle that paints a fairly incomplete picture of our efforts on climate change and job creation, despite my best efforts to provide that information to the reporter, Kelly Zito.
The Full Story is the Straight Story
No surprises that the NRDC has used their creative license to concoct a selective timeline of quotes to erroneously misconstrue the Chamber’s climate change positions. Let's correct their continued sloppy work (our additions left):
Preparing for Copenhagen
The Chamber’s Institute for 21st Century Energy today released a new report in advance of December’s UN climate negotiations in Copenhagen. The Prospects for Copenhagen: More Realism Can Smooth the Way outlines the challenges negotiators will face, and focuses on the development and deployment of new technologies as the best path forward to reducing global greenhouse gas emissions.
Bipartisan Climate Change Principles Offer Promise
With work on climate change legislation ramping up in the Senate, the U.S. Chamber is touting a new bipartisan framework as a potential breakthrough in the contentious debate over climate change policy.
In a November 3 letter to members of the Senate Environment and Public Works Committee, the Chamber cited a New York Times editorial by Sens. John Kerry (D-MA) and Lindsey Graham (R-NC), “as a solid, workable, commonsense foundation on which to craft a bill.”
Climate Change - Finding the Balance
On Tuesday I sent a letter to Senators Boxer and Inhofe on climate change which reminded:
Climate Change and Trade
A few folks have expressed the concern that our November 3rd letter to the Senate regarding climate change represented a change in the Chamber's position on carbon tariffs. While the letter notes that we agree with "a great deal" of what Senators Kerry and Graham presented in a recent op-ed, and we "commend" them for writing it.
Climate Change - We Need A Different Approach
A few weeks ago at the launch of our Free Enterprise campaign a reporter asked U.S.
Investing in Smart Grid Technology
Today the Obama administration announced that they will award $3.4 billion to help fund energy grid modernization. This announcement is long overdue. The U.S. Chamber's Energy Institute has been advocating for a rapid deployment of smart grid for over a year, and it was included in our recommendations delivered to President-elect Obama and the 111th Congress last January.
U.S. Chamber Statement on Removing Fake Website
The U.S. Chamber of Commerce issued the following statement today regarding a fake web site that infringes on the Chamber’s copyrights:
Lawmakers Emphasize Solid IP Position Leading up to Copenhagen
Today, over 60 Democratic and Republican members of the U.S. House of Representatives emphasized their support for IP rights by signing onto a bipartisan congressional letter to Secretary of State Hillary Clinton. The letter highlighted the importance of protecting IP right in negotiations leading up to an anticipated December climate change agreement in Copenhagen.
U.S. Offshore Wind Development Stymied Once Again
That is the title of this excellent post on the NRDC's Switchboard blog by Brandi Colander, Attorney, Air & Energy - New York City. Let's have a look:
Who Said That? Quiz on Climate Change and Trade
Think you know where everyone stands on climate change legislation? Test your knowledge of where everyone stands on the proposal to impose tariffs on imports from countries that the United States says aren't limiting their own carbon emissions. Such provisions were included in the House-approved Waxman-Markey bill and may be included in a Senate bill as well.
Our Man at the Press Club
In the spirit of free enterprise I can get you an autographed business card from Eric for a very reasonable price - call me. Watch him take care of business at the National Press Club (background here).
Climate Prank: Chamber Responds to Climate Change Press Hoax (updated)
Update, 3:15pm: U.S. Chamber of Commerce Senior Vice President for Communications and Strategy Thomas J. Collamore issued the following statement on the fake press activities today which muddled the Chamber's position on climate change:
"Public relations hoaxes undermine the genuine effort to find solutions on the challenge of climate change.
Oil, The Long Goodbye
Foreign Policy Magazine's latest issue covers how oil's very future is now being seriously questioned, debated, and challenged. On Wednesday October 21st, the Institute for 21st Century Energy will be presenting with them a dialogue on the scale, scope, and prospects for reducing our nation's oil dependency. With the current focus on energy and climate change on Capitol Hill, this conversation goes right to the heart of the debate offering diverse viewpoints.
Climate Change Flapdoodle
The Wall Street Journal risked their mainstream media credibility yesterday by not using a Daily Kos approved narrative in reporting on our climate change position, have a look:
Energy Impacts and Opportunities for Ohio
Ohio Chamber of Commerce President Andy Doehrel shares his View from the States on the importance of reliable and affordable energy to Ohio's economy and future.
The Boston Globe Versus The Truth
The Boston Globe editorial board must be acquainted with the old comic's adage "don't let the truth get in the way of a good story!" Their editorial about us today is certainly more about drama than accuracy.
The NY Times Behind the 8-Ball
Tom posted on this earlier in the week, that same day I sent the below letter to Andrew Rosenthal, Editorial Page Editor for the New York Times. It has yet to run.
Dear Mr. Rosenthal:
Eco Chic & Mau-Mauing the Legislators
In Parliament of Whores P.J. O'Rourke reminds us that "When the legislature controls what is bought and sold the first thing that is bought and sold is legislators"
In the Wall Street Journal Kimberley Strassel reminds us again:
The EPA's GHG Tailoring Rule
The U.S. Chamber welcomes exemption of small businesses and farms under the EPA’s proposed Prevention of Significant Deterioration and proposed Title V Greenhouse Gas Tailoring Rule required under the Clean Air Act; common sense prevailed at the EPA and we are thankful. However, we fear this proposal rests on shaky legal ground. As a result, EPA may have only kicked the problem down the road -- or into the courthouse -- and may have to regulate all small businesses should some environmental groups prevail in likely lawsuits.
Climate Change to Spur More Lawsuits, Say Legal Experts at Chamber Summit
October 30, 2009
Businesses should brace for the threat of more lawsuits tied to climate change and should expect no relief on the medical liability front, according to experts attending the Chamber’s annual legal reform event.
During a panel discussion at the Institute for Legal Reform’s (ILR’s) 10th annual summit on October 28, Professor Donald Gifford of the University of Maryland noted that two recent major federal court decisions signal that it may be easier to bring climate change litigation in the future.
The NY Times Misses the Curve On Climate Action
In the past week there were two newsworthy events regarding the U.S. Chamber and climate change:
Chamber Calls for EPA Hearings
The U.S. Chamber filed a request for a formal, on-the-record hearing to examine the evidence behind the Environmental Protection Agency's (EPA's) expected finding that man-made greenhouse gases endanger public health and welfare.
Climate Change Fuels New Wave of Lawsuits
No Relief in Sight on Medical Liability
Businesses should brace themselves for the threat of more lawsuits tied to climate change, according to experts attending the U.S. Chamber Institute for Legal Reform’s (ILR’s) 10th annual summit on October 28 at Chamber headquarters.
During a panel discussion, Professor Donald Gifford of the University of Maryland said that two recent major federal court decisions signal that it may be easier to bring climate change litigation against companies.
On Climate Change
by Tom Donohue
The U.S. Chamber of Commerce continues to support strong federal legislation and a binding international agreement to reduce carbon emissions and address climate change.
Cape Wind Voices
As part of the Chamber's ongoing support for all renewable energy projects, Bill Kovacs has contributed a piece in support of the Cape Wind offshore wind farm. You can find it at voices.capewind.org, here is a snip:
L is for Innovation
In these interesting times one has to be judicious in the allocation of personal indignation, you just never know what’s around the corner and might suddenly find yourself dangerously low on righteousness. That is why this article made me happy -- because I have a disproportionate loathing of incandescent bulbs and if they cease to be it would free up a lot of ill will for targeting elsewhere. Enjoy:
Climate Action - The State of Play
Lost in the noise of the health care debate this past month has been another reengineering of a major portion of our economy – this one on energy policy and addressing global climate change. With the UN Climate Negotiations scheduled for December in Copenhagen the issue is inching back into the spotlight so we thought it might be useful to review the current state of play.
The Specter of EPA Regulation
The Washington Post has an editorial today explaining why regulation of greenhouse gas emissions under the Clean Air Act by EPA would be an unmitigated disaster. The paper writes:
Roadmap for Copenhagen - Driving towards Success
Recently the House Select Committee on Energy Independence and Global Warming held a hearing titled Roadmap for Copenhagen — Driving towards Success.
Obama Administration Ramps Up Efforts to Tax Our Way to Energy Insecurity Again
In June, the Institute for 21st Century Energy issued a report outlining the reasons why the Obama Administration's efforts to levy new taxes and fees on the oil and gas industry is a bad idea.
Judging from the testimony of the Treasury Department's top economist in front of a Senate Finance subcommittee yesterday, the Administration apparently didn't read our report.
Make Mine Eco-Fries
With the unrelenting focus on health care, the equally monumental cap-and-trade bill has been lost in the shuffle, and many centrist Democrats would like to keep it that way. Several Senate Democrats, including majority leader Dick Durbin, questioned whether it would be possible to vote on a climate change bill this year. Ben Nelson seemed to sum it up: "We have enough on our plate at the moment. It's questionable to open another front."
DOE Moves Forward With Loan Guarantees - But Nuclear Is Left Behind
Today, the Department of Energy is announcing that it will issue a loan guarantee to Solyndra to build a $535 million solar plant. The announcement follows remarks by Vice President Joe Biden yesterday about the loan guarantee plan. As reported by Platts (subscription required):
Clean Air Act Helter Skelter or Greens Will Sue Off The Fallout Shelter
A story over three days:
Economic Blues from an EPA Gun
As Kevin noted this morning, and the below article does as well, the introduction of climate change legislation has been delayed in the Senate until "later in September." From SFGate (my bold):
Drilling Down on Climate Change
What's in Store With Cap-and-Trade?
In June, the U.S. House of Representatives narrowly passed the American Clean Energy and Security Act of 2009—better known as Waxman-Markey after the legislation's authors. Below are answers to frequently asked questions.
What would Waxman-Markey do to regulate greenhouse gas emissions?
Waxman-Markey would establish four mechanisms for reducing greenhouse gas emissions:
U.S. Chamber’s Energy Institute Calls for Business Role in Climate Change Talks

Speaking at a September 21 Chamber event, Institute for 21st Century Energy CEO Karen Harbert said that business must play a larger role in global climate change negotiations.
Your Feedback: Readers Debate Climate Change Bill
I'm an avid environmentalist and make a living practicing environmental engineering. We are against cap and trade. It is just another excuse for the government to collect money based on the bogus argument that global warming is largely the result of industrial activities. Although I'm all for being a good steward of the planet, global warming and cooling are normal cyclical occurrences, and we are just politicizing them.
-Julian Coto, Winter Springs, FL
Transparency, Science and the EPA - Episode Three
Last week the U.S. Chamber followed up our June request to the EPA with a further filing seeking transparency. Today the National Journal asks:
U.S. Chamber Renews Calls For Transparent Hearings on Climate Change
The U.S. Chamber of Commerce has filed an additional request for a formal, on-the-record hearing to debate the evidence behind the Environmental Protection Agency's (EPA) expected finding that man-made greenhouse gases endanger public health and welfare.
U.S. Chamber Gears Up for Fall Debates on Health Care, Climate Change
Members of Congress are back from their August recess, ready to resume work on health care reform, climate change legislation, and financial regulatory reform. Below is a brief look at where things stand.
Health Care Reform
Where We Stand on Climate Change
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By Tom Donohue, President and CEO, U.S. Chamber of Commerce |
Transparency, Science and the EPA Revisited
In case you missed it, and I don't think that anyone did, the LA Times ran a story this morning on our efforts to force transparency from the EPA on their finding that greenhouse gases emissions are a danger to public health and welfare. The article begins:
A Debate on Climate Change - in Australia
Columnists Robert Tracinski and Tom Minchin take note of an important vote in the Australian Senate that sent that country’s version of cap-and-trade legislation down to defeat. They say opposition wasn’t based solely on what such a scheme might do to the economy, but more on fundamental questions about the science behind climate change. The authors credit University of Adelaide geologist Ian Plimer for changing minds on man’s influence on climate change.
Reading List - 13 August 2009
Take-Aways from the North American Leaders Summit
Hydraulic Fracturing - Laws, Laws Everywhere and Not an Ounce of Sense
by Bill Kovacs
It seems as though the number of new and duplicative laws Congress can propose is only limited by its unsteady imagination! And to think that just a decade or so ago it was common wisdom to believe that “everyone is presumed to know the law.” Today we have so many new, complex, mind-numbingly huge laws that common wisdom can only conclude that some of the proposals are literally the tales told by an idiot to ensure that economic progress cannot continue.
Protecting the Innovation the President is Funding
President Obama announced yesterday that $2.4 billion in stimulus grants would be awarded to jump start an electric car industry in a number of Midwest states. Four dozen or so projects aimed at developing advanced batteries and other components will receive federal monies.
Defending Free Enterprise
Brian Anderson, president and CEO of the Dalton-Whitfield Chamber of Commerce, writes about our Free Enterprise Campaign:
There's Work to Do During the Congressional Recess
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By Tom Donohue, President and CEO, U.S. Chamber of Commerce |
With most members of Congress back in their home districts for the August recess, now is an ideal time for citizens to personally lobby them on key issues and to participate in town hall meetings and other issue-related community events.
U.S. Chamber Official Warns That Cap and Trade Bill Will Destroy Jobs

The Chamber's Bill Kovacs says the current climate change bill would create layers of regulation and drive up costs.
The climate change bill currently being pushed through Congress will cause a significant amount of pain for American businesses and will kill jobs while making little to no difference on global carbon dioxide concentrations, according to a U.S. Chamber official.
Don't Cancel Yucca Mountain Without a Clear Path Forward on Waste
On Thursday, Senate Majority Leader Harry Reid (D-Nev.) announced that he has reached an agreement with the White House and the Department of Energy to provide no funding to support the license application of the Yucca Mountain nuclear waste repository.
If that’s accurate, it would be a misguided and premature decision that would have an impact on the 121 sites in 39 states that currently store nuclear waste.
Reading List - 28 July 2009
Small Business Under Siege
Some may remember the old country song “Looking for Love in All the Wrong Places.” Something similar is happening in Washington today—politicians are looking for recovery in all the wrong places, namely, more government programs and spending. Instead, they should look to small businesses, which have led us out of the last seven recessions and create 60% to 80% of net new jobs.
A Congress Which Will Live in Infamy
Esquire gives out their Dubious Achievement Awards at the end of the year, but it appears that the U.S. House of Representatives has a lock on "worst piece of legislation ever." But which "worst" will walk away with the prize? Will it be health care?
No Case for Unilateral Climate Action
India said thanks, but no thanks, to Secretary Clinton's invitation for them to essentially impose caps on their greenhouse gas emissions. Jairam Ramesh, India's environment minister said: "There is simply no case for the pressure that we face to actually reduce emissions.
The Summit of Green Futility
The title is from Anne Applebaum's column in today's Washington Post. I wanted to use "It’s the Technology, Stupid" but it turns out we already wrote that one last year regarding the flawed Lieberman-Warner bill stating:
Move Over Smoot-Hawley, Here Comes Waxman-Markey
A few selections from the Politico's Arena debate today:
Energy Test: Cap and Trade
The Politico today is running a special section examining the Waxman-Markey bill, check out all of the articles are here, and this video. I do want to call special attention to the Politico Arena debate which features posts by
Wind Projects at a Standstill
The impact of economic and regulatory uncertainty on offshore wind projects, from the Washington Post:
Demand Response Potential - It's Electric
Last month the Federal Energy Regulatory Commission (FERC) released a national assessment of demand response that estimates the potential for demand response, both nationally and for each state, through 2019. The assessment, A National Assessment of Demand Response Potential, finds the potential for peak electricity demand reductions across the country is between 38 gigawatts (GW) and 188 GW, up to 20 percent of national peak demand, depending on how extensively demand response is applied.
Getting Back in the Nuclear Game
It is hard for me to take seriously the most rabid "rapid and total destruction of all living things" climate crowd when they ignore the one existing technology which could be deployed quickly and in quantity. Thus I would like to share this piece today from Senator Lamar Alexander appearing in the American Spectator. In he lays out the destination, which few disagree with, and then the path:
U.S. Action Alone Will Not Impact CO2 Levels
The EPA via The Foundry via The Chilling Effect:
Health Reform, Climate Change, a Rock and a Hard Place
Is the United States a Global Energy Exporter?
Just imagine that in 2020 the United States is known as a critical energy exporter, a reliable supplier of carbon-neutral electricity technologies and a corporate innovator with planned projects worldwide.
The "High Risk" of California Leadership
The Wall Street Journal took a look Friday at California's climate-change leadership. The article fairly defines the state:
Thomas Friedman is Wrong
And it isn't often that my computer types those words, but resignation is not revolution:
Natural Gas Resource Base
As reported by the American Gas Association, the U.S. natural gas resource base is larger than previously estimated, with 1,525 trillion cubic feet (Tcf) in total natural gas resources as of the end of 2006—the equivalent of 82 years of production at current rates, according to a biennial report on long-range supplies of natural gas released June 18 by the Potential Gas Committee (PGC), Colorado School of Mines.
Old Problems for New Energy
The Sun newspaper, serving Inland Empire in California (unemployment 13% and rising) identifies, then for some bizarro reason endorses, the "green tape" phenomena haunting the creation of "green jobs":
Let's Put a Lid On Cap-and-Tax
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By Tom Donohue, President and CEO, U.S. Chamber of Commerce |
The Climate Change Crowd
The "most important environmental and energy legislation in our nation's history," passed Friday by a margin of point zero zero nine percent -- no one's definition of consensus (see the 'Yeas'). Despite the best intentions of its sponsors and backers, it is a seriously flawed piece of legislation. Some quotes:
Renewable Energy - Do the Responsible Thing
A few weeks ago we posted on an agreement for a new wind farm near San Diego (good) and predictable opposition to it (not good). The San Diego Union Tribune got many letters in favor of the project:
Waxman-Markey Passes, House Fails
As previously posted the Chamber strongly supports comprehensive legislation to reduce emissions of greenhouse gases while providing for a strong American economy -- instead we got an unrealistic approach that could further harm the economy and shed American jobs.
Say No To The Status Quo - Say No To Waxman-Markey
Selects from coverage of H.R. 2454 - the American Clean Energy and Security Act of 2009. Learn More - Take Action:
Waxman-Markey: The Chart
Here is what it looks like folks. Click for the (much) larger version, click for more information, click to take action.
Oppose H.R. 2454 - the American Clean Energy and Security Act of 2009
by Brad Peck
The Waxman-Markey bill remains a work in, well not exactly progress, which is why our latest letter to the Members of the U.S. House of Representatives urges each of them to oppose H.R. 2454, the "American Clean Energy and Security Act of 2009." From today's letter:
Energy - A Vision of California
We have a site up addressing reducing the "barriers to the development of climate-friendly energy sources" bit in our letter to Congress today. But here is one vision of the problem:
On H.R. 2454 - the American Clean Energy and Security Act of 2009
// Update: 25 June 2009 Letter to the House
Below are key points (and lots of them) from Bruce Josten's letter to the House today on the Waxman-Markey bill, the full letter is here.
Climate Change - On The Record
Transparency, Science and the EPA
As I posted earlier, today we petitioned the EPA for an "on the record" formal hearing, before a neutral party, to openly review the data the agency is using to justify its endangerment proposal. If this is the greatest issue of day*, we surely need overwhelming transparency on the science. So what do we have now? Bill Kovacs explains below -- our comments, the petition, and supporting documentation are here.
Green House Gases, Transparency, and Science
As Dow Jones Newswires reports, today the U.S. Chamber will:
The Importance of Nuclear Power
Christopher Guith talks below about the importance of nuclear power and how it must be part of our nation's energy plan. Learn more at the Institute for 21st Century Energy.
Endangerous Science
In case you missed it it, John Tierney on Roger Pielke on climate change:
California Dreaming - Energy, Education, EFCA
Three from the Golden State (budget solution?) yesterday. First the good news:
Au Revoir, Bonn
One of the things the business community has been working on in Bonn and in earlier U.N. climate meetings is to get a more formal voice for business in negotiations leading up to December's climate conference in Copenhagen. No one expects that business groups will be sitting around the negotiating table anytime soon--that's not our role. But business does believe it can play a constructive role in finding solutions and pointing out the shortcomings in some of the proposals that are being discussed.
Going Green Alone
What are you willing to pay to make a statement on global warming? Does $1,600 a year sound about right? That’s what the Congressional Budget Office says it would cost a typical household to cut emissions of carbon dioxide (CO2) by 15 percent. The goal of H.R. 2454, the "American Clean Energy and Security Act of 2009," is more ambitious.
Storing Carbon
The European Union (EU) and Norway are increasing cooperation to commercialize carbon capture and storage (CCS) technology by handing out upward of 140 million Euros to support European CCS projects and exploring the possibility of storing CO2 in the North Sea.
CBO: Climate Legislation Cost
The Congressional Budget Office (CBO) recently issued a cost estimate for the American Clean Energy and Security Act of 2009 (H.R. 2454), which was recently approved by the House Committee on Energy and Commerce. This legislation would make a number of changes in energy and environmental policies largely aimed at reducing emissions of gases that contribute to global warming.
Less Energy, More Emissions?
The good news: Lawrence Berkeley National Laboratory (LBNL) researchers are developing technologies that in the future will help produce new commercial buildings that use 80% less energy than today’s buildings. More here.
Live From Bonn, Part Two
by Steve Eule and Brad Huther
Stephen Eule, the Energy Institute's Vice President for Climate and Technology, offers an update on negotiations at the UN climate change talks currently going on in Bonn, Germany. Stephen is representing the Institute in Bonn and is part of the U.S. Chamber's delegation to the UN Climate Conference in Copenhagen this coming December.
Bonn Lobsters
GHG Emissions and Forest Preservation
The International Institute for Environment and Development (IIED) has published Incentives to Sustain forest Ecosystem Services – A Review and Lessons for REDD. REDD is an acronym for Reducing Emissions from Deforestation and forest Degradation. A detailed UNFCCC web site deals with REDD.
Live from the UN's Bonn Climate Change Talks
SB Voices - Reinventing Your Business
Joe Mateo from Magnus Environmental in Delaware, talks about a having a rough winter and creating a new product line in cleaner fuels. His best tip, keep on trying, think new, think different.
Energy and Health - For Real Reform
One of the lazier debating tactics is the "if you are not for X, you are against Y" argument. The Chamber has been a frequent target for this type of attack around the Waxman-Markey energy and climate bill and I am sure that we will being seeing it again as health reform moves forward.
Leak in Developing Natural Gas Reserves
A report out of the Reuters Global Energy Summit last week on Administration plans to curb tax expensing of drilling costs:
Recent developments in drilling technology have given exploration and production companies the tools needed to tap vast reserves on natural gas locked up in shale formations. Experts estimate those supplies are enough to meet the U.S. demand for 100 years...
The Role of GHG Offsets
Congressional Research Service (CRS) environmental policy analyst Jonathan Ramseur has written The Role of Offsets in a Greenhouse Gas Emissions Cap-and-Trade Program: Potential Benefits and Concerns. Ramseur notes:
Prizes and Patent Pools an Effective Supplement – Not Replacement – to Patent System
This week, UN climate change negotiators are meeting in Bonn, Germany for the first official round of United Nations Framework Convention on Climate Change negotiations. The goal of these discussions is to come up with a climate change agreement that can be approved in Copenhagen this December. As part of these meetings, the UN released draft negotiation language which encourages, among other things, a reliance on patent pools as a way of sharing technologies.
Putting a Lid on State Cap-and-Trade
Bloomberg has an article about how the Chamber has begun court action to challenge state cap-and-trade programs that sell pollution rights at auction even as Congress works on a national plan that gives most permits to industry for free. The article says the Chamber is urging a New York judge to strike down the Regional Greenhouse Gas Initiative, a multistate program in the Northeast that has raised more than $260 million through carbon dioxide permit auctions. From the article:
Measuring What Matters: City Works Toward Sustainability Goals
Measuring what matters. That's the goal behind a new initiative here at City of Issaquah, which is a 2009 Siemens Sustainable Community program honoree.
Called the "Sustainability Sounding Board," a group of community leaders appointed by Issaquah's mayor, recently unveiled its long-term vision for a sustainable Issaquah, as well as recommendations for how the community can begin to measure its progress toward that goal.
U.S. Chamber Calls for Nuclear Waste Solution
Most policymakers agree that nuclear energy, a clean energy source, must become a bigger part of the nation's energy mix to meet environmental goals. But determining where to store nuclear waste is proving to be a significant obstacle to increased production.
A new report by the U.S. Chamber Institute for 21st Century Energy urges the Obama Administration to find an acceptable site for a permanent repository for nuclear waste as part of a long-term comprehensive energy strategy.
U.S. Chamber’s Harbert Debates Energy Policy on PBS
The U.S. must reduce its dependency on carbon-based fuels–the question is how. Karen Harbert, president and CEO of the U.S. Chamber's Institute for 21st Century, addressed this issue in a debate last month sponsored by the Miller Center of Public Affairs and PBS. The debate will air on local PBS affiliates throughout June.
Environment: U.S. Chamber Condemns EPA Ruling
The U.S. Chamber is fighting an administration decision to move toward regulating greenhouse gas emissions under existing air pollution laws, an action the Chamber says would kill jobs, increase energy prices, and significantly impair the nation's economic recovery.
U.S. Chamber Questions Administration’s Greenhouse Gas Findings
The U.S. Chamber took the rare step of filing a petition for a formal, on-the-record hearing with the Environmental Protection Agency over an agency finding that greenhouse gases represent a danger to public health and welfare.
Energy Projects Going Nowhere
U.S. Chamber Highlights Growing Problem
Special interest groups and local governments have blocked production and delivery of much-needed new energy—even clean energy. Go to www.projectnoproject.com to learn more.
Green Path North Renewable Electricity Transmission Line—California
PROJECT TYPE: Transmission line
EPA Should Disclose the Full Truth
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By Tom Donohue, President and CEO, U.S. Chamber of Commerce |
U.S. Chamber: New Taxes on Oil and Gas Industry Would Hurt Economy

The Chamber's Karen Harbert says the energy bill passed out of a Senate committee is a positive step towards creating energy security and jobs while improving the environment.
Re-launching the Climate Weathervane
The Washington, DC-based think tank, Resources For the Future (RFF) has re-launched its Weathervane website, which has been a source of climate information and data for more than ten years, as an interactive blog. The restructured site will draw on the expertise and perspective of researchers at RFF as well as input from other climate authorities. The site also includes links to a library of RFF climate and energy publications.
Calling for a Nuclear Waste Solution
Yesterday, the Institute for 21st Century Energy released a new report that calls for a permanent solution for America’s nuclear waste. The report, titled Revisiting America’s Nuclear Waste Policy, gives a historical overview of the policy decisions that have thus far left us with a $22 billion fund to collect and store used nuclear fuel and nuclear waste—but no actual permanent repository to store it.
Conserving Rainforests in Brazil
From a six passenger plane, I gazed over the rainforest canopy through white clouds and sunlight to see gray rain in the distance not far from where we would soon be landing. My colleagues and I were speechless at this vision of an endangered landscape.
FERC Chairman On Smart Grid
A keynote luncheon presentation was given by the Honorable Jon Wellinghoff, Chairman of the Federal Energy Regulatory Commission (FERC), at the U.S. Chamber of Commerce’s Emerging Technologies Committee (ETC) meeting held May 13, 2009. Wellinghoff discussed FERC regulatory activities related to grid modernization and commented on challenges and opportunities related to making progress in development of the smart grid and facilitating the deployment of renewable energy technologies through transmission grid expansion and modernization.
UNFCCC: Negotiating Text for LCA
The United Nations Framework Convention on Climate Change (UNFCCC) has posted the negotiating text document that was prepared by the Chair of the Ad Hoc Working Group on Long-Term Cooperative Action under the Convention (AWG-LCA) in response to the request from the AWG-LCA at its third session.
Common Sense, Commerce and Climate Change
by Brad Peck
RFF: Optimizing Cap-and-Trade
Resources For the Future (RFF) analysts Harrison Fell and Richard Morgenstern have produced an RFF Discussion Paper titled, Alternative Approaches to Cost Containment in a Cap-and-Trade System (RFF DP 09-14). In the report, they compare how a set of policies performs in terms of reaching an expected cumulative emissions target over 2012–2050. Their approach takes account of emissions abatement cost uncertainties.
CBO: Emissions Reduction Costs
A quick look at the CBO's report How CBO Estimates the costs of Reducing Greenhouse Gas Emissions. The report describes the methodology CBO uses to estimate the costs of mitigating emissions. According to the agency:
Climate Change Catch-Up
There’s a lot happening on the energy front … The Obama administration plans to order auto makers to increase CAFÉ standards to 35 miles per gallon by 2016, four years faster than current federal law requires. The move is part of a broader overhaul of fuel economy rules aimed at cutting greenhouse-gas emissions and creating a federal standard that can be harmonized with California’s rule.
Implications of a Coal Plant Ban
Carnegie Mellon University researchers have published a report titled Near-Term Implications of a Ban on New Coal-Fired Power Plants in the United States. Proposals for many new coal-fired U.S. power plants have been canceled; some states have prohibited such new generators. The Carnegie Mellon researchers examined effects on the U.S. electric power system of banning the construction of coal-fired electricity generators, which has been proposed as a means to reduce U.S. CO2 emissions.
SB Summit – Talking Labor, Infrastructure and Energy
Chamber veteran Suzanne Clark, currently President of the National Journal Group, led a group of current Chamber experts in a discussion of legislative priorities for our small business owners. On the panel were Carol Hallett, Randy Johnson, and Bill Kovacs talking about infrastructure, labor, and the environment respectively. Suzanne gave them each three minutes to open.
Memo - OMB Shreds EPA on Endangerment
Our Small Business Summit attendees are swarming Capitol Hill and I am getting caught up to my notes, but first some breaking news. Bill Kovacs mentioned during a session this morning a White House document revealed today which warns the EPA of "the wide-ranging -- and potentially economically harmful -- consequences of an agency finding last month that proposes declaring greenhouse gases are a danger to the public."
SB Summit – Sen. Landrieu on Health Care, Education, and Energy
by Brad Peck
Sitting out at the Salesgenie.com Cyber Café but can still feel the energy in the room, very excited crowd. David Chavern opened the festivities today with a very nice introduction of U.S. Senator Mary Landrieu.
Big Oil and Small Business
It's a connected economy folks. William Whitefield, president of Whitefield Plastics a family-owned manufacturing business based in Houston, writing in the Houston Chronicle (h/t Bret Jacobson)
Mile High Green
Green Taping the Capitol
As Roll Call reported this morning, on Friday it was announced that from now on only natural gas will be used for heating U.S. Capitol buildings and water.
The Promise of a Green Pony
As prospects for cap-and-trade hit major road bumps in Congress, a report from environmental marketing firm ecoAmerica, that was accidentally released to the press, thinks it knows why -- the term "global warming" is turning people off. It fosters images of shaggy-haired liberals, economic sacrifice, and complex scientific disputes.
Advanced Batteries and Plug-In Electric Vehicles
Researchers associated with the Massachusetts Institute of Technology (MIT) Joint Program on the Science and Policy of Global Change have published Prospects for Plug-in Hybrid electric Vehicles in the United States and Japan: A General Equilibrium Analysis (Report No. 172, April 2009). An abstract of the report indicates:
Emerging Technology Reading List - 1 May 2009
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Why Chrysler Chose A123 Batteries - The automaker wanted U.S.-based manufacturing and a flexible battery design.
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Measuring Corn Ethanol's Thirst for Water - Ethanol from corn consumes three times more water than previously thought.
U.S. Chamber Joins Alliance to Protect Clean Energy Innovation, Jobs
The U.S. Chamber has launched a new effort to protect the intellectual property of U.S. companies that develop green technology.
The Chamber is a leading member of the Innovation, Development and Employment Alliance (IDEA), a new group aimed at blocking efforts to allow developing countries to break patents and gain free access to clean energy technologies. Access to new technology is part of the negotiations on a United Nations climate change agreement. A final agreement on reducing greenhouse gases is expected to be unveiled in Copenhagen in December.
Tell Us About Your NIMBY Projects
U.S. Chamber Convenes Top Government Officials, Business Leaders on Energy Security

Interior Secretary Ken Salazar, speaking at the U.S. Chamber on May 13, agrees that the nation needs to develop all of its energy resources—including oil, gas, and nuclear power.
Aviation Emissions and Cap-and-Trade
As an industry, aviation has led the charge in reaching new levels of fuel-efficiency, striving to develop lighter plane bodies and prioritizing the creation of greenhouse gas-reducing engines. Despite these commitments, the aviation industry would face a significant challenge continuing to invest in greener technologies under certain "cap-and-trade" legislative proposals. At the 8th annual Aviation Summit on April 29th, distinguished industry representatives will gather to discuss just how aviation is leading the
Study - Economic Consequences of Cap and Trade
Ahead of Congressional action on proposed cap and trade legislation, Charles River Associates today released a study, commissioned by the Coalition for Affordable Ame
EPA Ruling Threatens Economic Recovery
Small businesses are used to complying with burdensome, costly, and complicated regulations. Like death and taxes, they are impossible to avoid! But now we may be on the verge of the mother of all regulations. The Environmental Protection Agency (EPA) has set in motion a process that could result in federal regulation of the entire economy. If this was to happen, it would destroy jobs, undermine economic growth, and threaten America’s energy security.
Climate Change Impacts and Stabilizing CO2
The National Center for Atmospheric Research (NCAR) has published the findings from a detailed modeling analysis of how cuts in greenhouse gas emissions might influence impacts such as melting of arctic ice and sea level rise.
Cap-and-Trade Options
Economists Dallas Burtraw, Richard Sweeney, and Margaret Walls with the Washington, DC-based think tank, Resources For the Future have produced a report titled The Incidence of U.S. Climate Policy: Alternative Uses of Revenues from a Cap-and-Trade Auction. They observe:
On the Current Framework for Climate Change Legislation
Bill Kovacs, the Chamber's vice president of Environment, Technology, and Regulatory Affairs, in batting cleanup today in testimony before the House Committee on Energy and Commerce and Subcommittee on Energy and the Environment. His complete testimony is available here. Before heading up to the Hill, he released this statement:
Our Energy Future - Work, Not Magic
I listened last night to President Obama's speech on energy in Newton, Iowa -- good stuff, a little heavy on the cap and trade for my liking, and I think we need to be a little careful about using California as an example.
Renewables and the Grid
"Everybody agrees that tomorrow's electrical grid must incorporate wind and solar power seamlessly. But solving the reliability issue won't be easy," Dan Charles in Science (sub req'd)
Earth Day 2009 – Nothing, Less than Nothing, and Dreams
Earth Day is a fun day and NEI Nuclear Notes had a little fun with "No Earth Day for Nuclear Energy," my favorite line:
We hang our heads in shame. Nothing to offer the earth – blue skies – crystal waters – frolicsome woodland creatures. Nothing to offer. We stand alone – shoulders drooped, hands in pockets, tears leaking from burgundy eyes.
Climate Change 101
On the occasion of Earth Day, the Institute for 21st Century Energy continued its efforts to educate the public about current policy issues and their potential implications by releasing a Climate Change 101 fact sheet and video.
Karen Harbert, President and CEO of the Institute, had this to say:
EPA - Waxing Rosy on Waxman-Markey
On Monday the EPA released a preliminary economic analysis of the Waxman-Markey Discussion Draft, the American Clean Energy and Security Act of 2009 -- WSJ coverage here. I'm sure this phrase: "the cap-and-trade policy has a relatively modest impact on U.S.
EU Emissions Reductions and Spam
A World Wildlife Fund (WWF) analyst claims that the European Union is "cheating" the world on climate change. As reported on EurActiv's Climate Change web site page, Stefan Singer, director for global energy policy at WWF, claims that the European Union is playing "tricks on the atmosphere" when it claims it will reduce its emissions by 20% by 2020. In an interview with EurActiv, Singer explained how he had calculated that the EU's own domestic emissions reduction will only amount to "4 to 5%".
Sapping America's Energy
Pete Du Pont goes "Outside the Box" in the Wall Street Journal:
The Unintended Consequences of EPA Endangerment Finding
EPA Administrator Lisa Jackson today made a proposed finding that the combined emissions of six greenhouse gases cause or contribute to air pollution that endangers public health and welfare. Although the EPA did not attach regulations to the finding, taking such action could lead to regulation of greenhouse gas emissions under the Clean Air Act of 1990, which could jeopardize construction projects and limit the nation’s domestic energy production.
Clearing The Path For New Energy Projects
With the EPA set to "formally declare carbon dioxide and other heat-trapping gases to be pollutants that threaten public health and welfare, setting in motion a process that for the first time will regulate the gases blamed for global warming" here is Bill Kovacs, talking about what needs to happen to get "green energy" into the system to replace fossil fuels. The video is from a press conference yesterday on
Greens Versus (Greens Versus Green Energy)
About a month ago we launched ProjectNoProject.com, a site to detail the many barriers raised by local and professional groups to the much needed development and deployment of new energy technologies.
Secretary Chu on Clean Coal
I must admit that I was a little concerned when I read Energy Secretary Steven Chu's response to Fareed Zakaria question "Do you feel like the political struggle is your biggest challenge?" in an interview on energy and climate change.
'Green Tape' Tie Up
How can this be? Some environmental activists and their Not In My Backyard (NIMBY) allies—who should be the strongest "green" energy supporters of all—are using every resource at their disposal to block, delay, or cancel clean energy projects. They have organized local opposition, changed zoning laws, opposed permits, filed lawsuits, and bled projects dry of their financing. Call it "green tape" bureaucracy. Their efforts are undermining job creation and slowing the adoption of environmentally friendly energy technologies.
Morning News - Geoengineering Edition
The administration is taking some flack over the president's new science adviser characterizing global warming as so severe a problem we should consider geoengineering the climate – perhaps shooting pollution particles into the upper atmosphere to reflect the sun's rays. “It's got to be looked at," said John Holdren. "We don't have the luxury of taking any approach off the table … [global warming is like being] in a car with bad brakes driving toward a cliff in the fog."
Carbon Leadership - Make It So
We have always believed that honesty is the best policy when it comes to addressing climate change, hiding the costs to hood-wink the public will only doom any chance of energy sustainability and security. The New York Times’ Tom Friedman wrote on this very topic today, saying that the Obama administration is barking up the wrong tree with cap-and-trade:
Reading List - 6 April 2009
Clean Coal Takes a Step Forward
While some may not be especially happy about it, coal is an integral part of America’s electricity mix and will play a significant role in our energy future. Our nation currently receives half of our electricity from coal—making it by far the largest single source of electricity.
Study Highlights Economic Cost of Cap and Trade

The Chamber's Bruce Josten discusses the economic impact of climate change proposals during an April 28 press conference.
President Obama's plan to cap greenhouse gas emissions would eliminate 3 million jobs by 2030 and cost more than $2,100 per U.S. household, according to a study commissioned by the U.S. Chamber-led Coalition for Affordable American Energy.
U.S. Chamber Official Says Climate Change Bill Falls Short of Stated Goals

The Chamber's Bill Kovacs calls for an international climate change treaty during testimony before a House Energy and Commerce subcommittee on April 24.
A House bill aimed at fighting global warming would impose a multitrillion dollar tax on businesses and increase energy prices without reducing the overall amount of CO2 in the atmosphere, according to a U.S. Chamber official.
U.S. Chamber Urges Offshore Exploration

The U.S. Chamber's Karen Harbert makes the case for offshore energy exploration before a House committee.
Chamber Sounds Alarm Over EPA Endangerment Finding
The U.S. Chamber has vowed to fight an administration decision to move towards regulating greenhouse gas emissions under existing air pollution laws, an action the Chamber says would kill jobs, increase energy prices, and significantly impair the nation's economic recovery.
Balancing Growth, Environment
U.S. Chamber's Competitiveness Agenda—A Series
Chamber Pushes Comprehensive Energy Policy

As part of our ongoing series, we examine the nation's need to grow and diversify its energy supply while taking steps to protect the environment in ways that don't curtail economic growth and eliminate jobs.
The Challenge—Business at Risk
EPA Ruling Threatens Economic Recovery
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By Tom Donohue, President and CEO, U.S. Chamber of Commerce |
Three Mile Island Plus Thirty
I grow old...I grow old...this past weekend marked the 30th anniversary of the partial meltdown in the core of one of the two reactors on Three Mile Island outside Harrisburg, Pennsylvania. In a minute there was time for decisions and revisions which took three decades to reverse. As we measure out our lives in tons of CO2 it appears that the public and the industry, are about ready to move on:
Stimulus Jobs Meet Green Tape
One more to add to the Project No Project list, presenting the un-stimulus in action:
The Right Way to Approach Energy Challenges
As the Senate Energy and Natural Resources Committee today holds another in their series of hearings to examine our energy challenges (this one to discuss improving industrial efficiency), it seems like a good time to take a step back and look at how Congress will proceed on energy and climate issues this year. Some Congressional leaders and
An Explosion and/of CO2 Regulation
Warning received via email:
DOE Issues First Loan Guarantee for Solar Project in California
An item of interest today for energy insiders and loan guarantee applicants out of the U.S. Department of Energy:
In the lunch hour today, the U.S. Department of Energy (DOE) announced that it has signed a conditional agreement with Fremont, California-based Solyndra, Inc. for a $535 million loan guarantee for the construction of a commercial-scale solar panel manufacturing plant.
Green Jobs Meet Green Tape
The Washington Post ran a story in December, which we posted on, about the role Californians plan to play in creating a new order in Washington. My favorite quote was from Senator Boxer: "It's like the EPA has been asleep for eight years. The Californians are coming to wake the sleeping beauty."
Morning News - Resign or Die Edition
The AIG bonuses continue to make headlines. Republican Sen. Chuck Grassley and Senate Democrat Chris Dodd suggested some novel ways of dealing with the bonuses. Dodd floated the idea of imposing a very limited tax aimed narrowly at the recipients of the bonuses to get some of the money back.
Calling For a Brazil-U.S. Tax Treaty
As President Obama prepares to meet with Brazilian President Luiz Inácio Lula da Silva tomorrow in Washington, the Brazil-U.S. Business Council is urging the two leaders --as reflected in this coalition letter to President Obama-- to commit to strengthening the trade and investment relationship by concluding a bilateral tax treaty (BTT).
Engaging Internationally on Climate Change
Many are eagerly awaiting the United Nations Framework Convention on Climate Change, which will be held in Copenhagen in December. The U.S. Chamber’s Institute for 21st Century Energy is gearing up for the conference and will be representing American businesses in Denmark.
International Energy Challenges and Business
10 Mar 2009 - The IEA welcomed senior executives from over 25 energy companies and a number of industry associations to the first meeting of the IEA Energy Business Council (EBC). The purpose of the gathering was to create a forum for representatives from business to participate in and contribute to discussions of current energy-related challenges. (International Energy Agency)
Reading List - 11 March
- Kashkari Warns Against Government Micromanaging Banks - Wait for it...
- Banks start giving back - bingo
- Why are they doing this? - on D.C. vouchers
Morning News - Rally and Rules Edition
There was a big rally on Wall Street yesterday with the Dow surging nearly 380 points. Investors were pleasantly surprised by Citigroup’s announcement that it was profitable so far this year. They were also buoyed by a suggestion from House Financial Services Committee Chairman Barney Frank that the SEC may reinstate the uptick rule and by a speech from Fed Chairman Ben Bernanke calling for a comprehensive plan to right the financial system.
Public Transit - Highs and Lows
According to a report released by the American Public Transportation Association (APTA) yesterday, public transportation ridership is at its highest level in 52 years. Unfortunately, this peak in ridership is not complemented by commensurate public investment. The American Society of Civil Engineers recently "awarded" U.S.
The U.S. Chamber of Commerce President and CEO, Tom Donohue, spoke extensively with CNBC’s Closing Bell anchor Maria Bartiromo. The Q&A covers a range of important issues we face in this country from energy security, to taxes, to stifling government regulations.













