There is a growing movement to end all federal subsidies for energy as the country’s national debt nears $15 trillion.

One report released by a coalition of free-market analysts estimated there was $380 billion in government subsidies for energy in 2011.

The Green Scissors 2011 report estimated that $53 billion was lost in oil and gas revenues from royalty-free leases in federal waters and another $6 billion a year in ethanol tax credits.

Americans for Prosperity came to Michigan this Saturday as part of its Energy for America Tour. The tour continues Monday with stops in Portage at noon and Benton Harbor at 5:30 p.m.  AFP’s website described The Energy for America tour as about “getting government out of the free market.”

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GOP presidential candidate Rick Perry has pledged to end all federal subsidies for energy.

Daniel Kish, senior vice president for policy at the nonprofit Institute for Energy Research in Washington, D.C., said the end of all federal energy subsidies is more likely than ever, “because it is quite evident we are running out of money.”

Kish said ending federal energy subsidies would lead to “consumer-based decisions,” not “big-government-based decisions.”

Alternative energy wouldn’t exist without subsidies and mandates, Kish said.

“Alternative energy is a creation of politicians and taxpayers’ money, not taxpayers exercising choice in a free economy,” Kish said in an email.


See also:

Stimulus Giveaways and Higher Electric Bills Pay for ‘Green Energy’ in Michigan

Energy Experts Say EPA Regs Will Shut Down Coal Plants

Power Failure - New "Clean" Energy Law Hikes Costs

The Green Energy Bubble

The EPA's War on Energy

Related Articles:

Not The Legacy He Imagined? U.S. Oil Production Up 80 Percent Under Obama

Democratic Senators Seek to Silence Debate About Global Warming

Oil Boom on Private Land Contributes to Low Gas Prices

2016 Michigan Energy Roundup: Renewable Energy

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There aren’t many policies that get near unanimous support from economists, but free trade is one of them. Despite this, a central theme of the 2016 presidential campaign, heard from both political parties, was that free trade was somehow harmful to the United States and corrective action was needed. Mark Perry, an economics professor at the University of Michigan-Flint and scholar with the American Enterprise Institute, makes the case for why President Trump’s assessment of free trade is misguided.

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