Arguments that predict high carbon emission from the Keystone XL pipeline rest on incorrect economic assumptions. Even if they were true, the resulting environmental impact would be negligible.
The Healthy Climate and Family Security Act of 2014 is a misguided effort to combat the exaggerated anthropogenic climate change threat. It will lead to massive wealth redistribution that would hurt the consumer and decrease aggregate wealth.
It would be easy to look at the dramatic 35% increase in America's oil and natural gas production since President Obama took office and think the administration deserves much of the credit. But the energy boom has happened in spite of him.
"He" is Tom Steyer, fossil-fuel billionaire past and present, but now a global-warming activist with the zealotry of a convert, a major funder of politicians promoting the climate-change industry, and a scourge of climate deniers, the Keystone XL pipeline and ordinary people for whom inexpensive energy is a central condition for economic advancement.
Please join us at AEI for an event during which scholars will discuss the political and policy dimensions of European energy security in the context of Russian gas exports, and US policy alternatives.
The EPA Clean Power Plan would only reduce global temperatures in 2050 by less than a hundredth of a degree. This small reduction will cost more than $50 billion a year in reduced gross domestic product.
Wind and solar power, once viewed as our best hope for abundant supplies of zero-carbon energy, are distracting us from what might be the real solution: nuclear power.
We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.