CEI Today: Wind production tax credit, Thursday Internet freedom event, Glass-Steagall, and lead paint



Globalwarming.org: All Those Billions, Blowing in the Wind

The Senate Finance Committee may mark up a bill on Thursday that includes a one-year extension of the wind production tax credit.  

Enacted in 1992, the twenty-year old wind energy PTC was designed to get the fledgling industry going. However, after all this time, wind energy is still not a viable option. Even the industry’s  own clarion call acknowledges that government intervention is still needed to keep it “on track.” If the training wheels are removed, it will topple.

Wind energy lobbyists have a plan: HR 3307 will extend the PTC for another four years. If the PTC extension passes, it will add an extra $6 billion to the $20 billion in taxpayer dollars the wind industry has already received over the past 20 years. These are monies we borrow (typically from China) to give to Europe—where most of the wind turbine manufacturers are located.

> View the full commentary at Globalwarming.org

> Inteview an energy policy expert


Thursday event featuring Sen. Rand Paul, Rep. Marsha Blackburn

A vaguely worded Declaration of Internet Freedom was recently issued by a broad coalition, some of which are already using the document to push for increased regulation, such as net neutrality mandates. TechFreedom and the Competitive Enterprise Institute organized a counter-declaration signed by a coalition of free market groups and leading academics that shares much common ground, but emphasizes restraint, respect for the rule of law, and humility as guiding principles for policymakers approaching the Internet and digital markets.

Can these two visions be reconciled or are they fighting for very different goals?  What is real Internet Freedom?

Please join TechFreedom, the Heritage Foundation and the Competitive Enterprise Institute to hear Sen. Rand Paul and Rep. Marsha Blackburn explain why "Internet Freedom" will be a increasingly important cause in the coming years, and what that term should mean for conservatives, libertarians, and all those skeptical about government.

>RSVP to the Thursday event at the Heritage Foundation

>Interview a CEI expert on Internet freedom


National Review: Sandy Weill’s About-Face on Glass-Steagall - He had it right the first time: “Deregulation” is not to blame for the meltdown.

Isn’t it something how a former Wall Street baron named as one of Time magazine’s “25 People to Blame for the Financial Crisis” suddenly becomes a paragon of wisdom in the eyes of the media elites as soon as he advocates something they favor?

That’s essentially what happened to former Citigroup CEO Sandy Weill, who championed repeal of the Depression-era Glass-Steagall banking restrictions in 1999, oversaw a firm that made bad mortgage bets in the following decade that almost caused the firm to implode, and now says he changed his mind and wants a restoration of the New Deal legislation separating commercial banking from investment banking and insurance.

> View the full commentary at Nationalreview.com

>Interview John Berlau



Openmarket.org: Unruly Lead Paint Rule

The U.S. House of Representatives Committee on Oversight and Government Reform recently released an interesting report on regulatory impediments to job creation. Among the items discussed is the U.S. Environmental Protection Agency standard related to remodeling homes that contain lead-based paint.

There are many problems with the standard, but perhaps the most obnoxious is the fact that it encourages people to either break the law by hiring non-certified contractors or to avoid using professionals altogether.
>Read the full commentary at Openmarket.org

>Interview Angela Logomasini



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