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Big Oil Tops $150 Billion in Profits in 2011

With annual financial reports being released this time of year, the oil and gas industry is looking to continue its decade long trend of...

Carbon Capture and Storage (CCS): Too Costly for Taxpayers

Carbon capture and storage (CCS), also referred to as carbon capture and sequestration, is the process of separating carbon dioxide (CO2)...

Department of Energy Loan Guarantees: Renewable and Energy Efficiency

The Department of Energy loan guarantee program that backed Solyndra, a solar panel manufacturer which went bankrupt on August 31, 2011...

Taxpayer-Backed Loan Guarantees for Liquid Coal: Medicine Bow, Wyoming

The Medicine Bow plant has been repeatedly delayed over eight years. Putting the full faith and credit of the U.S. government behind this costly and risky project is fiscally reckless. ...

FutureGen Project Timeline

February 2003: Bush Administration announces initiative to develop zero-emissions “clean coal” power plant. The plant would burn coal to...

The Department of Energy FutureGen Initiative

The latest iteration of the Department of Energy’s FutureGen project (find a timeline here) is a federal initiative to finance and...

Cashing In: Biofuels Industry Buys Congress’s Continued Support

Taxpayers for Common Sense released today a report detailing the heavily subsidized biofuels industry's political clout. The biofuels...

Big Oil, Big Profits

Another quarter, another unsurprising set of reports of huge profits for the oil companies. Continuing to be some of the most profitable...

Department of Energy Loan Guarantee Program: Uranium Enrichment

The Department of Energy (DOE) Loan Guarantee Program was created in the Energy Policy Act of 2005 to provide Treasury backed loan...

Department of Energy Loan Guarantee Program: Status Update on Proposed, Pending, and Final Applicants

Passed as part of the Energy Policy Act of 2005, the Department of Energy’s (DOE) Title XVII Loan Guarantee Program currently has $34.8...

Syria: Excuse 535 To Not Cut the Deficit

Volume XVIII No. 37 Possible action in Syria has become the most recent excuse du jour for Pentagon boosters...