Saving the Planet: How Climate Breakthroughs Are Made
Article
InsideSources

Saving the Planet: How Climate Breakthroughs Are Made

Breaking news Saturday in Paris from the 21st Conference of the Parties (COP) of the UN Framework Convention on Climate Change: National leaders described the agreement finally reached as “an historic…

Paris In the Fall: COP-21 Vs Climate Evidence
Article
American Enterprise Institute

Paris In the Fall: COP-21 Vs Climate Evidence

I. Introduction The 21st Conference of the Parties (COP-21), the latest installment of the UN Framework Convention on Climate Change, begins today in Paris amid a feverish effort to achieve “binding” commitments by no…

On Chinese Coal, the UN Vs. The New York Times
Article
American Enterprise Institute

On Chinese Coal, the UN Vs. The New York Times

Good things come to those who wait, and the waiting is minimal when it comes to the endless stream of entertaining silliness offered by the U.N. climate-change bureaucracy. On November…

The Strange Silence About Climate Policy and the Looming Apocalypse
Article
InsideSources

The Strange Silence About Climate Policy and the Looming Apocalypse

I kid, of course: Silence is the last adjective one would use about climate policy, except with respect to such minor parameters as the actual benefits of various policy prescriptions…

Solving the Puerto Rico Electric Power Authority Debt Problem
Article
The Hill

Solving the Puerto Rico Electric Power Authority Debt Problem

Puerto Rico and its various government entities owe creditors $72 billion, an enormous debt that Gov. Alejandro García Padilla has described as “unpayable.” Over 11 percent of that total is…

President Obama’s Clean Power Plan: All Cost, No Benefit
Article
American Enterprise Institute

President Obama’s Clean Power Plan: All Cost, No Benefit

On Monday President Obama announced the final “clean power plan” regulation for greenhouse gas emissions from electric generating plants, the centerpiece of the broader Climate Action Plan being implemented by the Environmental Protection Agency.…

Crude Oil Exports and the Price of Gasoline
Article
The Hill

Crude Oil Exports and the Price of Gasoline

Government policies virtually without exception create economic distortions, so that policy reform can yield results highly counterintuitive. That is the case with the emerging effort to end the current U.S.…

The Inconvenient Truth About Climate Policy
Article
US News & World Report

The Inconvenient Truth About Climate Policy

Climate change is a manmade crisis, and so the need to implement sharp reductions in greenhouse gas emissions is paramount. That summarizes the constant drumbeat of conventional wisdom, which raises an interesting question: If…

Pope Francis, Environmentalists, and Economists on Human Stewardship of the Earth
Article
American Enterprise Institute

Pope Francis, Environmentalists, and Economists on Human Stewardship of the Earth

The many dominant media reports on Pope Francis’ new papal encyclical letter, “Laudato Si’” (“On Care for Our Common Home”), make it clear that the encyclical represents an endorsement of the conventional (or mainstream…

Time to End Federal Interference with Free Trade in Crude Oil
Article
The Hill

Time to End Federal Interference with Free Trade in Crude Oil

The current ban on exports of U.S. crude oil was enacted as part of the 1975 Energy Policy and Conservation Act, and was justified on the basis of two fallacies.…

Puerto Rico’s Debt Crisis and the Siren Song of After-the-fact Bankruptcy
Article
American Enterprise Institute

Puerto Rico’s Debt Crisis and the Siren Song of After-the-fact Bankruptcy

Sometimes debt burdens become deeply burdensome. And if you’re the debtor, wouldn’t it be nice to find a way to avoid hard decisions by reneging on past agreements on repayment,…

The EPA’s ‘Clean Power’ Mess
Article
The Wall Street Journal

The EPA’s ‘Clean Power’ Mess

‘Flexibility” is the advertised hallmark of the Environmental Protection Agency’s proposed Clean Power Plan, which by 2030 would reduce carbon-dioxide emissions from U.S. power plants by 30% from 2005 levels.…

The Carbon Tax, and Economists as Experts and Politicians
Article
American Enterprise Institute

The Carbon Tax, and Economists as Experts and Politicians

A colleague from the American Enterprise Institute hosted a well-attended event on Earth Day last week, promoting an edited volume in which a number of authors advocate the implementation of a “carbon” tax. That tax is…

Earth Day and the Celebration of Suffering
Article
American Enterprise Institute

Earth Day and the Celebration of Suffering

In honor of this 45th anniversary of the first Earth Day, let us recall the wisdom of Dogbert, that noted political philosopher and sage observer of the human condition: “You can’t save…

The Enforcement of Climate Orthodoxy and the Response to the Asness-Brown Paper on the Temperature Record
Article
American Enterprise Institute

The Enforcement of Climate Orthodoxy and the Response to the Asness-Brown Paper on the Temperature Record

Should you, dear readers, doubt that the climate empire strikes back at even the mildest qualifications of greenhouse gas (GHG) orthodoxy, merely consider a recent draft essay by Clifford Asness and Aaron…