Regulation

New Developments for Cap-and-Trade in California

There’s big news for California’s cap-and-trade program to control the state’s greenhouse gas emissions on two fronts this week.  Cara alluded to the first in her post this week about California Democrats gaining a supermajority in both houses of the legislature after Tuesday’s election.  The legislative development is important because  the state legislature can probably …

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The Senate Races and the Environment

In a series of posts, I surveyed the key Senate races — meaning those that didn’t seem to be “locks” for either candidate. (i didn’t include the McCaskill-Akin race, which McCaskill won.) The candidates differed greatly in their positions on the environment and on energy policy. Here is a quick summary of what was at …

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Environmental Values and Political Polarization

While we all wait for tonight’s election returns, it’s worth taking a look at some of the trends that driving the votes. We’re been seeing a lot of polls lately about candidates, but in some ways issues polls are more interesting.  Many people have noted the decline in support for environmental values among the public.  …

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California’s Proposition 30 and the Environment

With so much attention paid to the presidential race, it’s easy to overlook the fact that California’s fiscal future is on the ballot tomorrow, with consequences for the environment.  Proposition 30 represents Governor Jerry Brown’s attempt to stave off harsh cuts to the state budget, a situation brought on by declining tax revenues in the …

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What Would Romney Do? How Reelection Strategy Could Shape a Romney Presidency

If Romney is elected president tomorrow, the sun will still rise in the east and sea will still be salty.  Beyond that, predictions about a Romney presidency become more difficult, given his exceptionally inconsistent history on the issues. As I showed in an earlier post, Romney’s views about environmental and energy issues flipped 180° between …

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Saving Public Transit: Neighborhoods Matter

Public transit depends on neighborhood design to be successful. Without convenient neighborhoods that orient housing and jobs around transit, buses and trains will waste scarce public dollars by failing to attract sufficient riders and offering poorer quality service to those who do ride. Mott Smith, a Los Angeles-based real estate developer and advocate who focuses …

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How Did Alaska Avoid the Resource Curse? Can Anyone Else Do So?

Dan made a useful point the other day about the possibility that increased energy production could yield a resource curse, i.e. an increase in unproductive and oligarchical rent-seeking when an economy becomes based upon resource extraction.  One might add that this rent-seeking also tends to underdevelop a country’s human capital, as it has in Saudi …

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Romney verus Obama: Showdown at the Auto CAFE

Perhaps lost in the media focus on the Republican convention, the Obama Administration created CAFE standards two months ago.  (CAFE stands for Corporate Average Fuel Economy, a fancy name for gas mileage rules.)  Romney immediately attacked the rules.  It’s a very revealing – not to mention acrimonious — dispute. According to the Administration, the new …

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The Overly Facile Comparison Between Regulations and Taxes

Romney’s argument for a regulatory cap equates regulations with taxes.  My initial reaction was that this was an absurd comparison – taxes are payments to the government, whereas regulations reduce externalities.  But after further thought, I decided that my initial reaction was a little too facile.  Regulatory costs do have some of the same economic …

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The significance of SB 1201 for the Los Angeles River

In late August, Governor Brown signed SB 1201 (de León), which promotes public access to the Los Angeles River.  Los Angeles County Flood Control District is now required to provide for public use of the River for recreational and educational purposes, when such uses are not inconsistent with flood control and water conservation.  As Sean Hecht …

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