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November 9, 2021
As Washington considers increasing incentives for businesses moving to a clean-energy future, one of the big questions is: Will the “greening” of the economy result in more employment or less? Examples of “green jobs” include workers who build electric cars; construction contractors who install solar arrays and charging infrastructures; scientists who design carbon-capture solutions; and…
November 5, 2021
Fred Krupp gets everything wrong in “Methane and Other Climate Bargains” (op-ed, Nov. 2), his argument for sharp and “virtually cost-free” reductions in methane emissions. Using the EPA climate model, Mr. Krupp’s 30% reduction in methane emissions would reduce temperatures in 2100 by six one-hundredths of one degree Celsius, an effect that would not be…
October 18, 2021
Confirmation hearings can be bombastic and they can be banal. But there always is the option of reminding agency nominees clearly of the central responsibilities of their jobs upon confirmation, an important opportunity that now presents itself with the hearing October 19 before the Senate Energy and Natural Resources committee to consider the nomination of Willie L….
October 1, 2021
After having been told for over a year that there was a scientific consensus that Covid had a natural origin — and that any suggestion of a possible lab leak in Wuhan was tantamount to a xenophobic conspiracy theory — it now appears that there is not, and never was, such a consensus. And the…
September 24, 2021
The Methane Emissions Reduction Act of 2021 has been proposed as a “pay-for” – a source of revenue – in the reconciliation infrastructure package. It would impose a “fee” on methane emissions from natural gas and petroleum production systems and related processes, but not on such emissions from agricultural and other operations. Accordingly, it is…
September 20, 2021
The sixth Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC) continues a long history of alarmist predictions with the deeply dubious statement that human-caused climate change has now become “irreversible.” President Biden and many others have called climate change an “existential threat” to humanity; and Biden claimed in his inaugural address to have heard…
August 28, 2021
Costly economic distortions are an inexorable result of government bailouts for specific industries, the justifications for which are almost always deeply dubious. Consider section 3203 of the proposed Senate Energy Infrastructure Act. It would establish a $6 billion credit program over four years starting in fiscal year 2022 for nuclear electricity plants “projected to cease operations…
August 13, 2021
Incoherence is nothing new in the Beltway, but it’s still quite something to see the Biden administration simultaneously pursue new constraints on U.S. production of fossil fuels as a central component of its “climate” policies, while at the same time attempting to avoid the adverse price effects of that production stance. The administration on August 11…
July 21, 2021
With the August recess imminent, the congressional Democrats are desperate to spend huge sums of other people’s money, and “infrastructure” is as useful a rhetorical vehicle for that purpose as any. With their innumerable constituencies’ long wish lists hardly a secret, an infinitely elastic definition of “infrastructure” is a virtue born of necessity, one manifestation of…
July 13, 2021
Supply and demand form the oldest and most powerful framework we have for analyzing price shifts for goods and services. Increase the cost of supplying a given good, and — presto! — its price will rise, imposing economic costs not only upon the producers but emphatically upon the consumers of the good. Which brings us to…