Appropriable quasi-rents, local governments, and state and federal renewable power policy

Michael Giberson State and federal policy provides substantial subsidies to renewable power producers, but just because the subsidies go to renewable power producers in the first instance doesn’t mean they receive the full net subsidy. Figuring out the exact distribution of the subsidy requires extensive additional analysis. For example, local governments are exercising their authority … More Appropriable quasi-rents, local governments, and state and federal renewable power policy

Horwitz reminds us that Classical Liberalism insists governments treat citizens as equal before the law

Michael Giberson Steve Horwitz argues that Classical Liberals have become so focused on the size and reach of government that they have lost touch with another important Classical Liberal project: promoting equality before the law. Part of the problem today is that an increasing number of libertarians lean toward the anarchist position.  When one’s whole … More Horwitz reminds us that Classical Liberalism insists governments treat citizens as equal before the law

Fiesta Bowl wants money back from politicians

Michael Giberson In an actual episode of journalism, the Arizona Republic has been digging into the operations of the Fiesta Bowl, including, among other things, its lavish spending on state and local politicians. The Fiesta Bowl, which is negotiating with the Internal Revenue Service in an attempt to preserve its non-profit status, has concluded that … More Fiesta Bowl wants money back from politicians

In search of reports that confirm or support the New York Times stories on shale gas skepticism

Michael Giberson After following the reactions to the New York Times stories on shale gas skepticism for a day or two, I began to get tired of all of the complaints (“pretty poor quality,” “sensationalistic … false,” “poorly done piece of work,” “mislead its readers,” “approaching yellow journalism“) and so started searching for supportive reactions, … More In search of reports that confirm or support the New York Times stories on shale gas skepticism

John Hanger reports the shale gas news too good to print in the New York Times

Michael Giberson John Hanger is former head of the Pennsylvania Department of Environmental Protection and former member of the Pennsylvania Public Utility Commission, among other public positions. He was founding president of the group Citizens for Pennsylvania’s Future (PennFuture) which carefully tracked energy and environmental issues in the state. Hanger knows a few things about … More John Hanger reports the shale gas news too good to print in the New York Times

Additional reactions to the New York Times articles documenting shale gas skepticism; More on fracking

Michael Giberson As a follow-on to my post on the recent New York Times articles on shale gas skepticism, here’s a collection of other reactions: The most thoughtful response appears to come from Michael Levi at the Council on Foreign Relations, Is Shale Gas a Ponzi Scheme?: “The New York Times’ war on shale gas … More Additional reactions to the New York Times articles documenting shale gas skepticism; More on fracking

New York Times devotes front page stories to various skeptical remarks made about shale gas resources from over the past few years

Michael Giberson The New York Times has prominently published two articles highlighting skeptical views about the amount of natural gas that will be produced from shale. On Sunday’s front page industry is featured: “Insiders Sound an Alarm Amid a Natural Gas Rush.” On Monday’s front page, skepticism in the U.S. Department of Energy is revealed: … More New York Times devotes front page stories to various skeptical remarks made about shale gas resources from over the past few years