Regulation
Price Implications of the California 33% RPS as the Federal Government Cuts Green Subsidies
Frank Wolak is quoted in today’s LA Times about the electricity price implications of California’s pursuit of a 33% RPS by the year 2020. He argues that electricity prices will rise as a consequence of this regulation. At the same time that California is ratcheting up its RPS standard, the Federal Government is …
CONTINUE READINGFive Ideas for Regulatory Reformers
Duke is hosting a conference on Monday (10-4 ET) about conservative approaches to environmental protection. (livestream here). Here are a few ideas to throw into the mix:
CONTINUE READINGSupersized Drinks, Social Welfare, and Liberty
Obesity is an environmental issue because the food system (from farm to table) uses a lot of energy and produces significant water pollution. More food equals a bigger environmental footprint. Sweetened soft drinks are a good example: they use corn sweetener, and corn production has a large footprint because so much fertilizer is required. There …
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CONTINUE READINGHow Worried Are Small Businesses About Environmental Regulation?
We’re heard a lot recently about the supposedly dire effect of environmental regulations on small businesses. A recent poll of small business owners by George Washington University using the Thumbtack site has some interesting findings about this. One of the questions in the survey was, “How important are the following issues to the success of …
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CONTINUE READINGGolden Rules for Fracking
Well, this is embarrassing. Kevin Drum, one of the best bloggers out there, posted a few days ago on the issue of whether hydraulic fracturing is good or bad for the environment. Kevin covers the ground that we have here before, namely: Yes, natural gas is better than coal or other fossil fuels in terms …
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CONTINUE READINGWhat the Convention Speeches Could Teach Economists About the Discount Rate
The economic formulas assume that people want their children and grandchildren to be as well off as they are, no better and no worse. But people actually want the future to be better than the present, and they’re willing to make sacrifices for this to happen.
CONTINUE READINGNEWSFLASH: Officials Vow to Stamp Out Recycling Fraud!!
Recycling and voting are both public goods. Just imagine if there was a campaign against fraudulent recycling like the campaign against voter fraud . . . .
CONTINUE READINGNew Report on Electric Vehicle Policies & Capitol Hill Briefing Today at Noon ET (webcast available)
The environmental law centers at UCLA and UC Berkeley Schools of Law today released a new report on industry actions and federal, state, and local policies needed to stimulate long-term, mass adoption of electric vehicles. “Electric Drive by ’25” (available from either UCLA Law or Berkeley Law) is the tenth report in our Climate Change …
CONTINUE READINGMore Good News About Implementing AB32
Below I report a new announcement posted to the California Air Resources Board Webpage discussing how a small group of academic economists will be playing a new role in designing the AB32 Cap & Trade program. Here is the announcement. My bottom line is that ARB has hired a Dream Team. Forget Lebron James and …
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CONTINUE READINGThe Mythical Threat of a Regulatory Deluge
Conservatives are now spreading the myth that, if the country fails to elect Mitt Romney, the aftermath will be a deluge of federal regulations. Republican state attorney generals are hitting the campaign trail to this fear of a coming regulatory flood in a post-Romney world. (here). This myth has been debunked by Cass Sunstein, who …
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