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The proponents of a carbon tax claim that it is a “market-based” approach to curbing so-called “negative externalities” (such as greenhouse gas emissions). They argue that a “putting a price” on carbon, for example, is far more efficient than command-and-control regulations where the government imposes its own technology choices on the energy sector. Yet in […]
The New Yorker’s Elizabeth Kolbert recently published a comment entitled “Lines in the Sand,” arguing that President Obama should not approve the Keystone XL pipeline because of the climate impacts of using oil. Kolbert’s argument is flawed for multiple reasons including the fact that she fails to consider the actual climate impact and the […]
My very strong suspicion is that half of everything they sell is made with petroleum products. And everything they sell is transported with petroleum products. I also suspect that they are really, really inane. Politico (4/15/13) reports: “APPAREL COMPANY PATAGONIA ORGANIZING AGAINST KEYSTONE: The gear, clothing and apparel company Patagonia is blasting the proposed Keystone XL pipeline […]
Last weekend the Senate rejected an amendment to the FY 2014 budget that would have enacted a carbon tax. For those interested in affordable energy and job creation, this was a good thing. Still, it’s worth walking through the actual wording of Senator Whitehouse’s amendment to see just how duplicitous it was. Even if someone […]
I think it goes something like: “You give them an inch, and they come after you with a chainsaw for your puppies and freedom.” E&ENews(3/18/13) reports: “A group of leading economists — including Nobel Prize winners Kenneth Arrow, William Sharpe, Thomas Sargent and Joseph Stiglitz — called on President Obama to back a carbon price on […]
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 […]
The Natural Resources Defense Council (NRDC) was ecstatic over the recent appellate court ruling, upholding the EPA’s power to regulate carbon dioxide emissions under the Clean Air Act. Yet the NRDC’s description misleads the innocent reader on several crucial points. Contrary to their claims, federal regulations in the energy and transportation sectors won’t help […]
Last week, both the House and Senate voted on legislation to stop the Environmental Protection Agency (EPA) from regulating carbon dioxide emissions. The House passed the Energy Tax Prevention Act (H.R. 910) by an overwhelming bipartisan majority. The Senate, however, was unable to pass similar legislation, even though over the course of various votes a […]