Human successes linked to wealth of fossil fuels

Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 2: Projecting Winter Outage Risk Through 2030

Part 2: Projecting Winter Outage Risk Through 2030 As Texas approaches the five-year anniversary of Winter Storm Uri, the ERCOT grid faces growing vulnerability to winter power outages. This analysis projects that by 2030, the same type of storm that would cause approximately 12 hours of outages today could result in nearly 24 hours of...

The Energy Subsidy Trap: How the One Big Beautiful Bill Proved Subsidies Are Nearly Impossible to Remove

The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....

Congress Just Eliminated the Three Biggest Subsidies for EVs

Much of the policy discussion around President Trump’s One Big Beautiful Bill has focused on electricity subsidies, where the outcome admittedly falls short of what fiscal conservatives hoped for. Wind and solar projects can still claim subsidies through July 2030, extending billions in taxpayer support for the next five years and driving up ratepayer bills...