How a “little” California vehicle standard prevented an urban “airmaggedon” My midlife crisis did not lead to me to buy a German convertible — which would assist me in tanning … Continue Reading Save the California Waiver!
Economists have long complained about Fuel Efficiency standards. Are we happy now? The past 50 days felt like the beginning of a game of environmental policy Jenga. The new administration … Continue Reading A Tale of Two Standards
In a recent Saturday Night Live episode, Baldwin-as-Trump is casting about for clever ways to get Mexico to pay for the border wall. But with each attempt, the joke is … Continue Reading How Would Energy Prices Adjust to the Border Adjustment Tax?
Technological advances and learning-by-doing have made U.S. shale oil profitable even at $55/barrel. Just ten years ago shale oil was expensive. Global oil prices spiked to $135/barrel in 2008 but … Continue Reading Learning to Frack
There are lots of government policies that economists like to roll their collective eyes about and use as examples of bad incentives in economics textbooks. In many cases these policies … Continue Reading Does Anyone Really Know How Much Electricity Goes into Cars?
Uncertainty about U.S. environmental policies creates an incentive for films to delay investments. Large-scale changes are anticipated for U.S. environmental policies heading into 2017. The new administration has promised a … Continue Reading Policy Uncertainty Discourages Innovation and Hurts the Environment
Many people thought U.S. gasoline consumption had already peaked. They were wrong. August was the biggest month ever for U.S. gasoline consumption. Americans used a staggering 9.7 million barrels per … Continue Reading Addicted to Oil: U.S. Gasoline Consumption is Higher than Ever