|
Energy
Campaign
TCS fights
to keep unnecessary subsidies, loopholes and tax breaks out of America's
energy policy
Read the Latest:
Department of Energy Loan Guarantee Program...
TCS Fact Sheet on Loan Guarantees
Federal Loan Guarantee Failures
Taxpayers for Common Sense, National Taxpayers Union and Citizens Against Government Waste Urge Congress to Maintain Congressional Oversight and Stringent Budget Cap on DOE Loan Guarantee Program
House Energy Bill
The House passed The Renewable Energy and Energy Conservation Act of 2007 August 4th. The bill is a compilation of H.R. 2776 and H.R. 3221.
Dollars and Cents of H.R. 2776, The Renewable Energy and Energy Conservation Act of 2007 (pdf)
Final Vote on H.R. 2776
Coal and Coal-to-Liquid Subsidies
Crude Substitute: The Folly of Liquid Coal (video)
TCS Urges House to Oppose Coal-to-Liquid Loan Guarantees, Price Floors and Mandates in the House Energy Bill (pdf)
TCS Letter to Senate Opposing Amendments for Coal to Liquid Subsidies: Taxpayers for Common Sense Action urges you to oppose any mandates, loan guarantees or other subsidies for the coal-to-liquids (CTL) industry in the Senate Energy Bill being debated on the floor. (pdf)
Factsheet: Paying Tribute to King Coal
Since 1932, the federal government has given over $60 billion in subsidies and tax breaks to the coal industry (pdf).
TCS Fact Sheet: Coal-To-Liquids: A Costly Gamble
Coal Industry Subsidies: A chart illustrating more than $8 billion in tax breaks that were included in the
Energy Policy Act of 2005 (pdf).
Oil and Gas
TCS President Ryan Alexander testifies at House Natural Resources Committee oversight hearing, "Royalties at Risk."
TCS Urges the End of Oil and Gas Royalty Relief
Oil and gas companies which drill on public lands or off-shore pay for the oil and gas they remove in the form of royalties. Because of out-dated energy policy, oil and gas companies often pay little to no royalties to the owners of the resources—U.S. taxpayers. At a time when oil companies are experiencing record profits there is no need for them to get more for free. With prices at more that $70/barrel, they should have more than enough incentive to produce more oil. As Secretary of Energy Bodman acknowledged at the end of April, it could be more than three years before consumers see relief at the pump. When Americans are getting hit hard in the pocketbook, it is absurd to further pad the pockets of big oil.
Read TCS's Letter to Congress Calling for the End of Oil and Gas Royalty Relief
TCS Opposes Funding for the Global Nuclear Energy Partnership
The Department of Energy is fast-tracking the Global Nuclear Energy Partnership (GNEP), a poorly designed, 100-billion-dollar project to import and reprocess foreign nuclear waste. Necessary technology is not yet available, the country lacks suitable disposal sites for nuclear waste, and the estimated price keeps growing. Even more distressing, the Department of Energy has yet to provide a detailed cost-analysis assessing GNEP.
Read TCS’s Letter to the House and Senate Calling for Cuts to the GNEP Budget
TCS
2005 Energy Bill Resources:
In July of 2005 Congress passed the Energy Bill. Read TCS's extensive analyses and resources on the Energy Bill below.
Energy
Bill II: Taxpayers for Common Sense has weighed in against the second
energy bill, an attempt by House members to use high gas prices
as a means to passing recycled proposals that they couldn't win
on the first time. Read our materials here: (Letter
to Congress | Fact Sheet)
TCS
Cost Analysis of the Final Energy Bill
Top
Ten Worst Provisions in the Energy Bill
Letter
to Congress from Taxpayer Groups: Oppose the Energy Bill
Wastebaskets
on the Energy Bill:
2006
Energy & Water Approps Database
Energy
archive...
 |
Stop
Subsidizing Coal:
The mature coal industry continues to receive massive federal
support in the form of subsidies. Eliminating subsidies and
loopholes for the industry would save taxpayers million. |
 |
End
Ethanol Handouts: The ethanol industry is touted as
a clean alternative to foreign oil, but it has neither reduced
our dependence on foreign oil nor been of any benefit to the
environment. |
 |
Make
Nuclear Power Fend for Itself: The nuclear energy industry
struggles annually to produce energy at competitive rates, so,
year after year, the federal government bails them out with
subsidies. TCS opposes this waste of taxpayer dollars. |
 |
Stop
coddling the oil and gas industries: Oil and
gas received its first tax breaks in 1916. Despite
almost 90 years of subsidies,
these mature industries continue to receive massive taxpayer
funded subsidies. |
 |
DOE
Budget Watch:
Recent DOE appropriations purport to reduce our dependence on
foreign oil. Instead, DOE spends billions of taxpayer dollars
on subsidies for mature industries that do little to reduce
our dependence on foreign oil. |
|
