Articles by Matt Letourneau

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Connecticut Responds to High Energy Costs With…More Taxes?

Consumers would feel the pain of a proposal to extend a temporary tax on electricity generation.

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Taking Nuclear Waste Storage Seriously

The House of Representatives voted overwhelmingly to provide $10 million to allow the NRC to continue its review of the Yucca Mountain license application.

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Energy Institute CEO Urges Policymakers to Pursue Unconventional Oil

America’s oil and gas industry would like to apply the same innovations in natural gas development to unconventional oil, much of which resides on federal lands.

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President Needs an Actual "All of the Above" Energy Policy

"It isn’t enough just to be for an ‘all of the above’ energy policy in a speech. It’s time to actually propose one.”

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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.

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Obama Administration’s Keystone Delay Already Costing American Jobs

from EnergyXXI

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.

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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. The Chamber, today, sent a letter in support of S.1932, "The North American Energy Security Act of 2011" introduced by

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Partnership to Fuel America

from EnergyXXI

Canada has long been a generous energy partner to the United States. The U.S. imports more than 1.9 million barrels of oil a day from Canada, and production of Canadian oil sands is expected to rise from 1.4 million barrels a day today to 3.5 million by 2025. For future growth, America will need

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A Shared Commitment to Increasing America’s Energy Efficiency

from EnergyXXI

by Matt Letourneau and Ross Eisenberg It is always notable when a senior Obama Administration official comes across Lafayette Park to speak at the Chamber—especially if that official is the President’s top environmental policy advisor. The presence of Nancy Sutley, Chair of the White House Counci

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The Truth About "Use it or Lose It" on Oil and Gas Exploration

from EnergyXXI

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 timeli

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President Clinton: Oil and Gas Permitting Process is "Ridiculous"

from EnergyXXI

Don’t count former President Bill Clinton among the fans of President Obama’s policy on oil and gas exploration. The 42nd president said Friday at a conference that delays in offshore oil and gas drilling permits are “ridiculous” at a time when the economy is still rebuilding, according to attende

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Our Commitment to Energy Research and Development

from EnergyXXI

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

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A Shortsighted Plan for Offshore Exploration

from EnergyXXI

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, no

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Energy Tour in Alaska

from EnergyXXI

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 re

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Energy Reality Tour in the Pacific Northwest

from EnergyXXI

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.  I

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Stop the Moratorium On Jobs and Growth

The below print ad is running today.  Learn more here.

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Let's Rebuild America's Energy Infrastructure

from EnergyXXI

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 Cen

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First-of-its-Kind Index of U.S. Energy Security Risk

from EnergyXXI

by Matt Letourneau 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 fro

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Secretary Salazar Makes the Right Call on Cape Wind

from EnergyXXI

by Matt Letourneau After nine long years, the Cape Wind offshore energy project will finally receive final federal approval today. In many ways, Cape Wind has become the poster child for the “green tape” that American energy projects are now facing due to excessive regulations and lawsuits. The C

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Asking Congress to Keep Yucca Application Alive

from EnergyXXI

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

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After Copenhagen

from EnergyXXI

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 qu

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Updates from Copenhagen — Bad News for Intellectual Property Rights?

from EnergyXXI

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 ev

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Preparing for Copenhagen

from EnergyXXI

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

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Obama Administration Ramps Up Efforts to Tax Our Way to Energy Insecurity Again

from EnergyXXI

by Matt Letourneau 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 Sen

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DOE Moves Forward With Loan Guarantees - But Nuclear Is Left Behind

from EnergyXXI

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): The Energy Dep

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The Importance of Nuclear Power

from EnergyXXI

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.

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Calling for a Nuclear Waste Solution

from EnergyXXI

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 fu

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Climate Change 101

from EnergyXXI

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:

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Clean Coal Takes a Step Forward

from EnergyXXI

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.  So with that i

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Engaging Internationally on Climate Change

from EnergyXXI

by Matt Letourneau 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. Our P

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