Inslee’s Cap and Trade: All Economic Pain, No Environmental Gain

Governor Jay Inslee has proposed a cap-and-trade program for Washington State that would function much like a carbon tax—except with less accountability. Even on its own terms, suppressing emissions at the state level makes no cost/benefit sense. As the Governor’s own analysis indicates, this is a move to plug a budget deficit. Finally, Washington State […]

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UN Condemns Biofuels in New Report

For decades, principled defenders of free energy markets have pointed out the absurdities of government support for biofuels. The decentralized market system provides the proper feedback—in the form of the profit/loss test—to investors to determine the correct mix of various sources in the country’s overall energy output. If it really made economic sense produce over […]

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Cass Sunstein’s Garbage In, Garbage Out on Cost/Benefit Analysis

  In a recent NYT op ed, Harvard Law professor and former Obama official Cass Sunstein cited Ronald Reagan, of all figures, as inspiration for more federal regulation on the transportation and energy sectors. Sunstein’s angle was to say that Reagan endorsed the cost/benefit analysis arguing for the US agreement to fight the “ozone hole,” […]

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