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Tuesday’s hearing by the Texas Senate Business and Commerce Committee helped shine some light on the challenges of Texas’ green energy efforts. The fallout from Climategate continues to shake the foundations of the theory that global warming is manmade. My employer, the Texas Public Policy Foundation, recently held a debate on the issue at our 8th Annual Policy Orientation for the Texas Legislature. I think the results show even more clearly that the global warming machine may [...] Why in the world would National Review say that, “Republicans ought to promote new energy technologies in order to reduce the risks of global warming?” I can’t think of a good reason. According to the Cato Institute, federal subsidy programs topped the 2,000 mark for the first time last week. Almost half of those have been created in the last 20 years: the number of federal subsidy programs soared 21 percent during the 1990s and 40 percent during the 2000s. This is a glimpse of the future under the energy efficiency regime being pushed in Texas and across the U.S. The picture shows a new home in the SOL neighborhood, three miles east of downtown Austin. It is being built on the premise that energy efficiency is the cheapest option for “new” energy. A new [...] Most of the electricity bills this session had one thing in common—they were going to make electricity more expensive for Texas consumers or taxpayers. Fortunately, most of them didn’t pass. A recent study estimated that proposed federal legislation aimed at decreasing greenhouse gas emissions would increase Texans electricity bills by a minimum of $10 billion. |
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