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The Good and Bad Approaches to Affordable Energy Policy

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Publication Date: May 2008

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Ben Lieberman

Series: WebMemo

Topic: Energy (Energy policy)

Keywords: consumers; Energy and environment; energy; prices

Type: Brief

Coverage: United States

Abstract:

Good energy policy is easy to distinguish from bad energy policy: Good policy leads to more supplies of affordable energy, and bad policy leads to less. The recently rejected American Energy Production Act of 2008 (S. 2958), sponsored by Senator Mitch McConnell R-KY), sought for the most part to make it easier to access domestic energy supplies by undoing past constraints, including restrictions on domestic oil production.