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Posts tagged “oil royalties”

By Robert Rapier on Jun 4, 2012 with 60 responses

How Taxpayers Could Benefit From High Oil Prices

end polluter welfare act
In last week’s post — If We Only Had a Stable Energy Policy — I mentioned three specific examples of legislation under consideration that create uncertainties within U.S. energy policy. These uncertainties increase the financial risks for those trying to develop energy projects — both for conventional fossil-based projects and for renewable energy projects.

One piece of energy legislation that was recently introduced is called the End Polluter Welfare Act. It was introduced by Senator Bernie Sanders, an Independent from Vermont, along with Minnesota Democratic Congressman Keith Ellison. CONTINUE»