ACCF is an internationally recognized economic authority on energy and environmental policy issues. The availability of abundant and affordable energy is of critical importance to economic growth, so U.S. policymakers should strive to create an environment that promotes sustained investment, increased efficiency, development of new technologies, and a predictable and rational regulatory system.
The mere act of reevaluating a permitting process intended to protect the environment is not, in itself, pretext for allowing manufactures to pollute more. Environmental regulations, like all regulations, need to be evaluated with respect to their mandated purpose.
"If steps are not taken to bolster U.S. leadership in this sector, the nation could eventually need to import energy technologies from China, rather than domestically manufacture them and export them across the world," wrote the groups, which include American Council for Capital Formation.
We shouldn’t be upset when the government gets involved in supporting innovative energy technologies. For decades, our federal government has done just that — and we’ve all benefitted.
Research and Publications
EXECUTIVE SUMMARY The Brady-Ryan tax reform plan proposed last summer would decrease taxes on corporate profits and investment income, while preserving the existing credits for...
While the regulatory approach to reducing greenhouse gas (GHG) emissions in the United States has largely focused on the power and transportation sectors, it’s clear that substantial reductions by the industrial sector would be needed to meet President Obama’s pledge under the Paris Agreement. This report by the ACCF Center for Policy Research and the U.S. Chamber of Commerce Institute for 21st Century Energy summarizes a study conducted by NERA Economic Consulting on the potential impacts to the U.S. economy of regulating industrial sector GHG emissions.
Beijing’s civil nuclear program has made considerable growth in recent years. As early as 2000, China was considered a nuclear technology backwater with only three commercial reactors, compared to over 100 in the United States. Today, China has 35 reactors with 20 under construction. By 2030, it is projected to have 150 giga- watts of nuclear on line—roughly equivalent to Germany’s total capacity in electricity—while the U.S. nuclear fleet is expected to shrink by 20 percent or more. In little more than a decade, China could have twice the number of civilian reactors as the United States.