Today President Joe Biden called on Congress to pass legislation suspending the federal tax on gasoline for July through September, “to give Americans a little extra breathing room as they deal with the effects of Putin’s war in Ukraine.” Not Much Savings Put the emphasis on “little.” The average driver drives 1,125 miles per month, […]
Biden’s Gas Tax Suspension: Meager Help and Deficit Spending Learn More »
The Biden administration is implementing a temporary ethanol fix in a desperate attempt to reduce political fallout from skyrocketing gas pump prices resulting from its war on fossil fuels which will only add to inflationary food costs. New EPA requirements will now increase the amount of the corn alcohol product that must be blended into
Biden Ethanol Increase Will Worsen Food Costs, Gas Pains Learn More »
If you haven’t noticed rising prices here in America for the past twelve months, you’re either Rumpelstiltskin or dead. And if you didn’t expect rising prices, either you’ve not been paying attention to American monetary, fiscal, welfare, and pandemic policies or you’ve not understood basic economics. So, May’s year-on-year “inflation” rate was 8.6%, following April’s 8.3%, continuing
Bad Ideas Have Bad Consequences Learn More »
When drug companies try to sell you a particular cure for what ails you, the television ads typically consist of 10 seconds of saying how good the drug is and 20 seconds of disclaimers and warnings about possible negative side effects. If only renewable energy companies were that honest! To my great annoyance and disgust,
Persistent Lies About Green Power Learn More »
Amidst the clamor surrounding the intensive use of coal in China and India, one may not realize that these nations have some of the world’s largest renewable energy installations. In fact, I hail from the Indian state of Tamil Nadu which is often compared to Scandinavia for its large number of wind farms. Accounting for
Indian Coal Makes Electricity as Wind Farms Sit Idle Learn More »
We have a crisis in India, and it is not with the climate. Power plants for the world’s second-largest consumer of coal are running out of stock, leaving a billion people at the risk of blackouts and forcing industries to close facilities. To resolve the situation, the Indian government has authorized increased importation of thermal coal, removed
India’s Coal Proliferation Contradicts Global Climate Drama Learn More »
Guest writer Jerry Bowyer is is the chief economist of Vident Financial, editor of Townhall Finance, editor of the business channel of The Christian Post, host of Meeting of Minds with Jerry Bowyer podcast, president of Bowyer Research, and author of The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics. He is also
Elon Musk Calls ESG a “Scam” Learn More »
Get ready, farmers. The climate catastrophists are after you! New Zealand’s Ministry for Environment on June 8 released a draft plan to tax farmers for the methane their sheep and cattle produce—because, of course, that methane causes climate change, aka global warming, and we all know that’s an existential threat to humanity. Except that the
Taxing Sheep and Cow, Uh, Burps Learn More »
Back in 1970, Congress passed the Clean Air Act (CAA), and for the next two decades or more actions taken under it significantly improved the quality of America’s air. In 1990 it passed significant amendments to it, and some of these also had salutary effects. But, combined with an increasing tendency to allow administrative agencies,
Will SCOTUS Rein in the EPA? Learn More »
Guest author Dr. Bjorn Lomborg is president of the Copenhagen Consensus Center, visiting professor at Copenhagen Business School, and a visiting fellow at the Hoover Institution. A global food crisis is looming, so policymakers everywhere need to think hard about how to make food cheaper and more plentiful. That requires making a commitment to producing
How to Alleviate the Looming Global Hunger Crisis Learn More »
