Everybody Agrees that CAFE Standards Are Inefficient
- 03/06/13
- Robert P. Murphy
- CAFE
Often in the policy debates on government regulations, you will have free-market people decrying inefficient impediments to business, while the other side will tout the (alleged) benefits to the environment or whatever the social goal happens to be. Yet a new MIT study —from a group that is very sympathetic to carbon regulatory policies—documents how inefficient vehicle fuel efficiency (CAFE) standards are. Even if one buys into the premise that the government should be forcing businesses...
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In the Pipeline: 3/5/13
- 03/05/13
- AEA
- Blog
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In the Pipeline: 3/4/13
- 03/04/13
- AEA
- Blog
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In the Pipeline: 3/1/13
- 03/01/13
- AEA
- Blog
This is going to be fun. We’ll see you in Houston on the 9th.

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Boxer-Sanders Carbon “Fee” Relies on Huge Bait-and-Switch
- 02/28/13
- AEA
- Emissions Standards
A recent story in EnergyGuardian (sub. req'd) centered on Senator Sheldon Whitehouse’s (D-R.I.) support for the carbon “fee” bill introduced by his colleagues Sen. Barbara Boxer and Sen. Bernie Sanders. Fortunately, the newly-released NERA study gives us a quantitative estimate of how much their scheme would hurt the U.S. economy. The whole episode fulfills the warnings that many of us have been making during the carbon tax debate. Specifically, advocates of a carbon tax rely on a...
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New NERA Study Shows Economic Dangers of a Carbon Tax
- 02/28/13
- AEA
- Emissions Standards
A new study by NERA Economic Consulting, prepared for the National Association of Manufacturers (NAM), documents the economic dangers of a federal carbon tax. The study is very conservative in its assumptions (as I’ll explain below), giving the benefit of the doubt to the proponents of a carbon tax. Even so, there study reaches two conclusions: Either the US government sets a carbon tax low enough so that its economic impacts are simply bad, but not awful, in which case there are few...
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In the Pipeline: 2/27/13
- 02/27/13
- AEA
- Blog
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In the Pipeline: 2/26/13
- 02/26/13
- AEA
- Blog
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Deficit Reduction Through Energy Development
- 02/20/13
- AEA
- News
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In the Pipeline: 2/20/13
- 02/20/13
- AEA
- Blog
The people at IER sure do good work. They're pretty good looking, too. Join them and Neil Cavuto in Houston on May 9, 2013.

This should be obvious, but there is a strong correlation between per capita energy use and life expectancy. Roger Pielke Jr. (2/14/13) reports: “The graph above shows energy use (expressed as kilograms of oil equivalent per capita) versus life expectancy at birth (expressed in years) for 151 countries in the World Bank Development indicators database that...Continue Reading...