By Malou Innocent
Less than a week after President Barack Obama made a surprise visit to Afghanistan and proclaimed, “We broke the Taliban’s momentum,” the chairs of the Senate and House intelligence committees offered a candid assessment of the U.S. mission. Senator Dianne Feinstein (D-CA), alongside Representative Mike Rogers (R-MI), said on CNN’s “State of the Union,” “I [...]
U.S. Taxpayers Subsidize Afghan Insurgents is a post from Cato @ Liberty – Cato Institute Blog
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Another day, another new subsidy for renewable energy. This time it’s a feed-in tariff, as Senator Dianne Feinstein (D–CA) recently inserted language supporting feed-in tariffs into the 2012 Energy and Water Appropriations bill. Feed-in tariffs subsidize renewable energy by forcing utilities to purchase renewable energy at fixed, above-market prices. The extra cost is then passed to the consumers. Feed-in tariffs are simply another subsidy that props up a selected industry and damages the economy, industry, and consumers. As of 2010, more than two dozen European countries had implemented feed-in tariffs, … More
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