Energy

Fastrack to Nowhere?

President Obama has announced a commitment to high speed rail, envisioning a network that could: connect areas like the cities of the Pacific Northwest; southern and central Florida; the Gulf Coast to the Southeast to our nation’s capital; the breadth of Pennsylvania and New York to the cities of New England; and something close to …

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Recent Work in Environmental Economics

What are environmental economists thinking about these days? Mostly energy and clmate change, it would seem.  Here’s a roundup of the most significant recent papers posted at SSRN’s environmental economics journal.  I’ve included links to those with free downloads: “Airline Emission Charges: Effects on Airfares, Service Quality, and Aircraft Design” JAN K. BRUECKNER and ANMING …

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All Natural Gas Is Not Created Equal

In a recent blog, Dan Farber reports on a deal between ExxonMobil and a division of the China Natural Petroleum Corporation to bring Australian natural gas to China.  Dan expresses the hope that the introduction of so much natural gas will produce multiple benefits – carbon reductions since natural gas is better than coal, less …

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Exxon-China Natural Gas Deal

Greenwire reports: PetroChina Co., a unit of China National Petroleum Corp., today signed a 20-year, $41 billion deal to buy gas from ExxonMobil Corp., Australian Energy and Resources Minister Martin Ferguson said. Exxon will mine the gas from its 25 percent share of Australia’s Gorgon gas field, Ferguson said, moving the offshore project one step …

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Cows and Climate – Putting All of That Waste To Work

In many situations, public policies supporting greenhouse gas reduction also support other environmental goals.  But sometimes, different environmental policies bump up against each other.  It is left for enlightened public officials to sort it all out.  Here is a link to comments recently filed with the California Energy Commission by the Center for Law, Energy, …

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Trade laws and climate change regulation

Co-authored by Jesse Swanhuyser, UCLA Law class of 2011, formerly a fair trade advocate in California and Washington D.C. A prior version of this article first appeared in the Los Angeles Daily Journal, on July 23. As discussed in other posts on this blog, last month was particularly challenging for those working toward national and international climate agreements. At …

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Managing Technology and Dangerous Climate Change

The risk of catastrophic climate change puts uncertainties associated with innovative energy and carbon sequestration technology in a new light, and the short time for effective greenhouse gas emission reduction challenges public decision-making processes. Interest in this topic has been spurred by the drive to bring new energy and green house gas emission reduction technologies …

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The Death of Yucca Mountain

Over twenty years ago, the Supreme Court accepted the Nuclear Regulatory Agency’s assurances that it would find a safe method for long-term disposal of nuclear waste.  Consequently, the NRC was allowed to assign a zero to the risk of any radioactive discharge.  As it turns out, this was an empty promise.  The solution that the …

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America’s Energy Future: A New Report

The National Research Council has released a new report (available for purchase here) on America’s energy future.  Here are some key take away points: Use of existing energy-efficiency technologies is the nearest-term and lowest-cost option for moderating our nation’s demand for energy, especially over the next decade. The potential energy savings available from theaccelerated deployment …

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Think About Carbon First, Act Later

The Worldwatch Institute reports on a new policy recently announced by the World Bank — before approving future projects, the Bank intends to develop an estimate of likely greenhouse gas impacts.  At a minimum, this will provide greater transparency concerning the implications of a World Bank decision.  Hopefully, it will encourage projects more likely to …

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