Scale economies and spillovers provide economic rationale for Federal regulation of oil and gas drilling. Last week Mitt Romney released a new energy plan (available here). The plan includes a … Continue Reading Optimal Federalism
Current bonding requirements insufficient for environmental risks from hydraulic fracturing. Hydraulic fracturing and other recent technological advances have dramatically increased the availability of natural gas, providing large benefits to the U.S. … Continue Reading Bonding Requirements for Natural Gas Producers
Ex post analysis of Mexico energy-efficiency program shows energy savings much smaller than predicted. Supporters of energy-efficiency policies argue that they are a “win-win”, helping to reduce energy expenditures while … Continue Reading Free Lunch?