In a new study, the Heritage Foundation estimates that recent proposals to limit carbon dioxide emissions in the United States would be a cure worse than the disease. In particular, by the year 2100 the cumulative net damages to the world economy could exceed an astonishing $100 trillion, and in not a single year do the benefits exceed the costs. The Heritage analysis is based on a new approach to gauging the economic impacts from climate change. As the report explains:

A recent paper by...

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It must be so convenient to have an explanation for everything. The Guardian (6/3/13) reports: “Piraino said at least 150,000 people were treated for jellyfish stings around the Mediterranean each summer… Global warming, overfishing and human intervention – especially breakwaters that protect sandy beaches but provide a home for larvae – are all blamed. As predators disappear, population surges are happening with greater frequency.” The EPA is clearly devoted to the...
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Let’s talk about energy subsidies (on Friday). Join us with the National Review for lunch and a “High Noon Debate” to talk about the energy subsidy experiment.  Greenpeace has given you permission to not feel guilty about climate change. You see, oil companies are using your honorable sense of personal responsibility as a weapon against your consciousness. (Heads up: this is a spoiler alert for the sequel to Inception, starring guilt-free-carbon-guzzler Leo DiCaprio). ...
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This is fun. It’s like an 8^th grade math question: “If Bob Inglis is running for elected office, is it wise for him to support a carbon tax?”. R Street (5/31/13) reports: “The R Street Institute and the Heartland Institute cordially invite you to a debate among friends on the question: Are there any circumstances under which conservatives should support a tax on carbon emissions?” Gee, now they admit it. The Hill  (6/1/13) reports: “Environmental lobbyists are pressing...
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For some of us, this hits close to home. So I have a few suggestions: Quit bragging about the non-stop flights that are offered from Newark to Jackson. Shut down the tram (it runs on coal). Stop selling skis, boots, jackets and goggles because they are made with carbon-based petrochemicals. And those of us who are still (physically) able can hike to the top of Rendezvous and ski on wooden boards like the good ol’ days. Unless that sounds like a good plan, quit begging for the heavy hand of...
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"First they came for the manufacturers, and I did not speak because I was not a manufacturer. Then they came for the coal miners, and I didn’t speak out because I wasn’t a coal miner. Then they came for the drillers, and I didn’t speak out because I wasn’t a driller. Then they came for me, and there was no one left to speak for me." CBS Pittsburgh  (5/29/13) reports: “Janice Gibbs is a grandmother and was born and raised in Washington County. Although she has no drilling lease on...
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The first rule of Fair-Share Club is you do not talk about Fair-Share club. The second rule of Fair-Share Club is you do NOT talk about Fair-Share Club… NYTimes (5/25/13) reports: “Last week, in a Congressional hearing, Apple got grilled for its low-tax strategy. But not every business can copy that approach. Here is a look at what S.&P. 500 companies paid in corporate income taxes — federal, state, local and foreign — from 2007 to 2012, according to S&P Capital IQ.” Guys...
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Tesla Motors repayed a $465 million dollar loan from the federal government yesterday, nine years ahead of schedule. While being touted as a major success for the future of renewable energy and Zero Emissions Vehicles in particular, the truth behind Tesla’s façade of success is worrisome. The company’s first profitable quarter demonstrates the difficulty of finding real success in an unproven market. Critics have raved about Tesla and its offerings. By any standard, their cars would...
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Here’s the thing. Even if Congress passed us a law that gave us cash to become tall and good-looking, we would still remain balding, overfed, leaping gnomes. So it is with physics. The federal government can’t just incentivize things into existence. The Atlantic  (5/26/13) reports: “Electric car infrastructure company Better Place's move to file bankruptcy today marks the end of the road for a billion-dollar bet that Silicon Valley-style technological disruption could wean the world...
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Did Tesla pay back their loan, or did other people. Wanna guess? WSJ (5/23/13) reports: “Tesla's biggest windfall has been the cash payments it extracts from rival car makers (and their customers), via its sale of zero-emission credits. A number of states including California require that traditional car makers reach certain production quotas of zero-emission vehicles—or to purchase credits if they cannot. Tesla is a main supplier… A Morgan Stanley MS -1.82%report in April said Tesla...
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