Legislation being considered in the New York State Legislature would establish a carbon-dioxide tax and create a “carbon dioxide emissions fund” in the Empire State. The tax would result in higher energy prices for no environmental benefit.
Legislation in the Massachusetts Senate would implement a carbon-dioxide tax beginning in 2023 beginning at “not less than” $15 per ton in the first year, and rise by $5 per ton annually until reaching a $60 per ton cap.
Illinois Clean Energy Jobs Act would increase energy costs in the state by forcing state utilities to produce 45 percent of their electricity generated from “renewable” sources by 2030 and 100 percent by 2050.
A report from the U.S. Department of Energy’s Office of Fossil Energy says banning fracking would cost millions of jobs, result in trillions of in lost gross domestic product and labor income, dramatically increase gasoline prices and electricity bills, and increase emissions of carbon dioxide and various pollutants.
In Indiana, the inexpensive natural gas developed as a result of fracking saved residential customers $4.6 billion over the past decade and it saved commercial and industrial consumers $8.1 billion.
Research indicates, President Joe Biden’s executive order placing a halt on new natural gas and oil leases on public lands is likely to compromise the funding of public schools in eight Western states.
A new study from the School of Energy Resources at the University of Wyoming shows a ban on hydraulic fracturing on federal lands would lead to “significant fiscal and economic losses” in in Alaska through 2040, resulting in $5.3 billion in lost tax revenue and $101 billion in lost income.
A new study from the School of Energy Resources at the University of Wyoming (UW) lays out how a ban on hydraulic fracturing (“fracking”) on federal lands would lead to “significant fiscal and economic losses” in Wyoming through 2040, including $21 billion In lost tax revenue and $62 billion in lost income.
A new study from the School of Energy Resources at the University of Wyoming says a ban on hydraulic fracturing (“fracking”) on federal lands would lead to “significant fiscal and economic losses” in Montana through 2040, for example, it would result in $2.8 billion in lost tax revenue and $2.4 billion in lost income.
Legislation making its way through the South Dakota Senate would expand eligibility for the Partners in Education Tax Credit Program (PETCP), a tax-credit scholarship program for low-income students, by allowing South Dakota children...