New research shows greater accountability for oil producers improves environmental outcomes. U.S. crude oil production has reached almost 9 million barrels per day, driven by enormous production increases in the … Continue Reading Goin’ for Broke in Texas
Lowering air conditioning costs with location-targeted energy efficiency labels. Information provision is a key element of energy-efficiency policy. Just think of the ubiquitous yellow EnergyGuide labels, which are required by law to … Continue Reading Better Yellow Labels
Raising gasoline prices can increase efficiency, slow global warming, and grow the economy. Two weeks ago, Yemen increased gasoline prices from $2.20 to $3.50 per gallon, while increasing diesel prices … Continue Reading Raising Gas Prices to Grow An Economy
For decades, economists have emphasized the efficiency gains associated with market-based policies. Much was made last week about the flexibility of the EPA’s proposed new power plant regulations. According to … Continue Reading Unlocking Cost Savings with Cap-and-Trade
Saturday driving restrictions fail to improve air quality in Mexico City. ¡Feliz Cinco de Mayo! Today we travel south of the border for an update on Mexico City’s well-known driving … Continue Reading Driving Restrictions and Air Quality
The economic and environmental impact of closing California’s San Onofre Nuclear Generating Station. (This post is co-authored by Catie Hausman). The San Onofre Nuclear Generating Station (SONGS) was closed abruptly … Continue Reading Too Big to Fail?
Two economists make a bet on how much it costs to build a nuclear power plant. Back in November 2011, I made a bet with economist Geoff Rothwell about the … Continue Reading A Small Bet with Big Stakes