Over the last six years, President Obama has applauded the boom in U.S. oil and natural gas output while simultaneously launching a barrage of costly mandates and subsidies meant to end the fossil fuel era. Now the president faces a Republican Congress for his final years in office.
Will the 114th Congress bring meaningful compromise on energy reform? Peter Grossman, Butler University economics professor and author of U.S. Energy Policy and the Pursuit of Failure, contends that bipartisan compromise is possible and has led to policy change in the past. However, that change has almost always been bad for the country.
Bipartisanship, Professor Grossman notes, has given us ill-conceived and wasteful programs for synthetic fuels, breeder reactors, “super cars,” windmills, and ethanol. Professor Grossman believes that the problem runs much deeper than the current president or balance of parties in Congress. He argues U.S. energy policy has been premised on false concepts of markets, government, technology, and history for the past forty years.
On Friday, December 5th at 3:00 pm, Hudson Institute hosted a debate on the feasibility of bipartisan energy policy in the 114th Congress and the likely paths forward. Hudson Institute Visiting Fellow Lee Lane moderated a panel with Professor Grossman featuring Hudson Institute Distinguished Fellow Christopher DeMuth and NERA Economic Consulting Senior Vice President W. David Montgomery.
Join Hudson Institute Senior Fellows Michael Doran and Ludovic Hood, Research Fellow Zineb Riboua, and Behnam Ben Taleblu, senior director of the Iran Program at the Foundation for Defense of Democracies, for a timely discussion about the conflicts in the region and America’s strategic and diplomatic paths forward.
Join Senior Fellow Dr. Rebeccah Heinrichs and Senator Rick Scott (R-FL) for a fireside discussion on how Congress can guide American strategy, the need to modernize the defense industrial base, and the vital role of allies and partners in an unstable international environment.
Join Senior Fellow Michael Doran for a candid conversation with H.E. Narek Mkrtchyan, ambassador of the Republic of Armenia to the United States of America, as they discuss the developments, challenges, and opportunities defining the US-Armenia relationship.
Please join Hudson Institute’s China Center as Miles Yu hosts a panel with key members of Taiwan’s Legislative Yuan and the Democratic Progressive Party to examine Taiwan’s mobilization efforts against the CCP’s increasing threats.
