1. Energy & Prosperity Nick Loris
Research Manager and Herbert & Joyce Morgan Fellow
The Heritage Foundation

2. A Tale of Two Energy Policies
Keep in the Ground
Climate Catastrophism
Stimulate the Green Economy with Your Money
11/19/2018

3. The Costs of Politicians and Bureaucrats Thinking They’re Sharks
Taxpayer Money Lost or at Risk
Corporate Welfare
Distorted Energy Markets
Political Rates of Return > Economic Rates of Return
11/19/2018

4. Cost of Climate Policies, By 2035:
Average shortfall of nearly 400,000 jobs
A total income loss of more than $20,000 for a family of four
An aggregate gross domestic product (GDP) loss of over $2.5 trillion
Every cap-and-trade analysis projects economic losses.
11/19/2018

5. Benefits of Open Access and Reduced Regulatory Burden, by 2035:
Average employment gain of nearly 700,000 jobs
Increase in over $40,000 for a family of four
Up to 10% reduction in household electricity expenditures
Aggregate $3.7 trillion increase in GDP
11/19/2018

6. Actions for Congress and the Administration
Open access to energy exploration of federal waters and lands. 
Allow states to manage energy development.
Streamline the NEPA process.
Repeal Renewable Fuel Standard
Eliminate Energy Subsidies for all Energy Sources
Remove Impediments to LNG exports
Roll Back Climate Regs/Endangerment Finding
Nuclear Regulatory Reform.
heritage.org
November 19, 2018

7. The Heritage Foundation
Thank You
Nick Loris
The Heritage Foundation
Washington DC