Dear Conservatives,
It’s well known that Barack Obama is no friend of affordable Energy.
Since entering the Oval Office, President Obama has taken extraordinary steps to delay and deny access to our nation’s natural resources and to drive up the cost of using energy.
As the president preps for another one of
his lectures on global warming at the upcoming UN Climate Summit, it’s
important to consider the actions he has already taken to make reliable
energy a luxury good.
Our sister organization, the Institute for
Energy Research, compiled and released a list of the Obama
administration’s actions that are aimed at increasing the cost of energy
for American families.
The list includes over 100 actions taken by the administration including:
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An Outer Continental Shelf (OCS) plan that closed the vast majority of our offshore natural gas and oil resources from future energy production.
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Solyndra, the poster-child for President Obama’s "green" energy policies, filed for bankruptcy, despite receiving a $535 million loan from U.S. taxpayers.
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A plan to close off 75 percent of Western oil shale - 70 percent of which is on federal lands - to development.
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The Mercury and Air Toxics Standards (also known as Utility MACT), which will force power plant closures, causing 33 gigawatts of electric power to go offline and raise electricity rates for all ratepayers.
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A Renewable Fuel Standards (RFS) proposal that calls for 17 million gallons of cellulosic biofuels in 2014. As of August 2014 producers have only been able to generate 72,000 gallons due to cost and complexity of the process.
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A rule to regulate carbon dioxide emissions from existing power plants. EPA says costs will be about $8.8 billion dollars, while other estimates of similar plans predict costs as high as $480 billion.
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New IRS guidance which expands the expired production tax credit (PTC). The PTC requires that "construction" commences before the end of 2013. However, the IRS’s new definition of "construction" reduces the need for actual physical work to occur, relying more on mere financing.
But despite the administration’s harmful
actions, the U.S. has experienced dramatic growth in domestic energy
production from reliable sources like natural gas and oil.
The president has tried to take credit
for this boom, but it has occurred almost entirely on state and private
lands that are largely out of his executive reach.
You can only imagine how prosperous our
nation would be if his administration would just get out of the way and
let the free-market go to work.
At the American Energy Alliance it’s our job to bring that message to the American people.
Our
grassroots education efforts are steering the national energy debate,
paving the way for effective energy policy fueled by the power of the
free-market.
Click HERE to read the full list of Obama’s anti-affordable energy actions.
Sincerely,
Tom Pyle
President
President
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