Environmental policy

Overfishing Conference at Perc

Lynne Kiesling Jonathan Adler reports from a PERC workshop on fisheries management and how property rights institutions can reduce pervasive overfishing problems in fishing. Overfishing is a serious environmental and economic problem, and Jon provides excellent links to the body of research showing that property rights institutions, such as tradeable catch shares, can reduce overfishing …

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The Energy Industry Insiders That Didn’t Bark

Michael Giberson Dozens of energy industry insiders have gone missing in recent weeks, in what must be the largest unreported crime wave ever. Or possibly the energy insiders have been silenced by a vast powerful and secret industry cabal, which has compromising photos of the insiders or something like that, which would also be a …

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NYT Editor on Shale Gas Skeptic Article: We Should Have Done Better

Michael Giberson As mentioned here a few weeks ago, links below, the pair of New York Times articles giving voice to shale gas skeptics were badly done. (I called them no more than “an impressive collection of shale skeptic sound bites.”) I was far from the only critic, and the paper itself received a lot …

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Risks and Regulation

Lynne Kiesling I’ve just returned from a conference on regulation in Bulgaria organized by the Istituto Bruno Leoni, a classical liberal think tank in Italy that does a lot of extremely good work developing and applying classical liberal principles and ideas to public policy issues in Italy and Europe. The topics included financial markets regulation, …

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Scottish Wind Power Plants Paid Not to Produce

Michael Giberson The Telegraph has reported “six Scottish wind farms were asked to stop producing electricity on a particularly windy night last month as the National Grid was overloaded.” The operators were paid a total of £900,000 to take the night off, likely earning more from not operating than they would have earned from selling power that …

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New York Regulators Take Steps Toward Allowing Fracking for Natural Gas Production

Michael Giberson Today the New York Department of Environmental Conservation took a few steps toward permitting fracking of natural gas wells, a process necessary to produce natural gas from underground shale formations. Regulatory processes being as they are, it likely means fracking will remain off-limits in the state for some time. News reports include favorable …

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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 …

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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, …

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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 …

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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 …

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