by Tom Steward • Daily Signal
Nothing strikes fear into developers and property owners more than a new critter on the federal list of endangered species.
Case in point: The northern long-eared bat, found in 39 states. The U.S. Fish and Wildlife Service probably will place it on the list in April.
The logging industry is worried.
“The economic loss to the entire state of Michigan would be devastating, if timber harvesting were to be restricted to the winter months in their habitat area,” said Brenda Owen, executive director of the Michigan Association of Timbermen. “This is not a viable solution to the bat’s decline, and it’s never a solution that the Timbermen would stand by and let happen.” Continue reading
by Ernest Istook • Washington Times
Crony capitalism plans are so lucrative for a select few that they are hard to kill. Those who get rich make generous campaign contributions, hire lobbyists and run massive public relations propaganda campaigns, using the billions of our tax dollars that they receive.
One “temporary” measure — the wind-energy production tax credit (PTC) — has received eight “temporary” extensions since 1992 and now backers want to add several years more. After 20 years of soaking taxpayers for billions of dollars in subsidies and raising electric bills, it’s overdue for the PTC to end. It expired at the end of 2013, yet some lawmakers want to give it new life, plus an additional $18 billion, during the postelection lame-duck session of Congress. Continue reading
by John Stossel • Fox News
Thanks, Environmental Protection Agency! You’ve required sewage treatment plants, catalytic converters on cars and other things that made the world cleaner than the world in which I grew up. Good work.
Today, America’s waterways are so much cleaner that I swim in New York City’s once-filthy Hudson River — right beside skyscrapers in which millions of people, uh, flush. The air we breathe is also cleaner than it’s been for 60 years.
In a rational world, environmental bureaucrats would now say, “Mission accomplished. We set tough standards, so we don’t need to keep doing more. Stick a fork in it! We’re done.”
OK, I went too far. America does still need some bureaucrats to enforce existing environmental rules and watch for new pollution problems. But we don’t need what we’ve got: 16,000 environmental regulators constantly trying to control more of our lives. EPA should stand for: Enough Protection Already. Continue reading
By Peter Roff
Does the “Oracle of Omaha” really need another tax break? It’s a fair question, given the way billionaire Warren Buffet made headlines several years ago with his complaints that his secretary paid more in taxes to the federal government than he did.
Of course, that was back when he was campaigning in support of higher taxes on the so-called “wealthiest Americans” in furtherance of the class envy strategy Democrats like himself, President Barack Obama and their allies in Washington have honed to a razor sharp edge. But now he’s got his hand out for corporate tax breaks that improve the bottom line for his Berkshire Hathaway company and the stock price of all the companies he’s invested in. Continue reading
George Landrith, President of Frontiers of Freedom, commended Congress for allowing the decades-old practice of wasting billions of taxpayer dollars subsidizing the wind industry to expire with the New Year.
“2013’s end marked the expiration of the investment and production tax credits for the wind industry. As we ring in the New Year, Congress took advantage of this opportunity and permanently ended these wasteful tax credits. These subsidies did nothing but hide the true costs of these projects, subsidized corporate rent seekers, and dramatically increased the cost of electricity for taxpayers.” Continue reading
The recent auction of 113,000 acres just off the coast of Virginia Beach, a popular tourist destination, may be a step forward for wind power in the state of Virginia, but it is several steps backwards for the taxpayers and consumers who will be forced to support it.
Wind energy has time and time again proven to be an unreliable means of producing electricity. Quite simply, electricity is only produced if the wind is blowing, and even then the amount is dependent on how strongly. A wind farm rated to produce up to 468 megawatts, such as the proposed Cape Wind project off of Nantucket Sound, will on average only produce an expected 174 megawatts. For power companies, this inefficiency can be a nightmare when trying to provide reliable power to a community. Continue reading