Environmental policy

Fracking Wastewater Not Causing Radioactivity Issues in Pennsylvia Rivers

2 Comments / Energy markets, Environmental policy, Regulation / By

Michael Giberson The recent New York Times series on natural gas fracking suggested that poorly treated produced water was being discharged into streams and rivers in Pennsylvania, and that disposal of produced water was a larger environmental issue than groundwater contamination from poorly completed wells. A key concern raised in both industry and regulator documents …

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New York Times Article Advances Public View of Environmental Issues Surrounding Hydrofracking

3 Comments / Energy markets, Environmental policy, Regulation / By

Michael Giberson At first it seemed like just another newspaper article on the potential environmental dangers of fracking to produce natural gas from shale, but on second look there is something new in the New York Times article, “Regulation Lax as Gas Wells’ Tainted Water Hits Rivers.” Most such stories, and much of the public’s …

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Our Next Fear: Peak Rocks?

Economics, Energy markets, Environmental policy / By

Lynne Kiesling Economist and teacher extraordinaire Steve Horwitz has done a great video for Learn Liberty on the question “are we running out of resources?” [youtube=http://www.youtube.com/watch?v=AcWkN4ngR2Y&feature=player_embedded] We’ve done our share of “peak oil” debunking here over the years, so it won’t surprise you that I find The Onion’s take on the question of running out …

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You Think the Kids Are Alright? Well Look at This Tiny Blue Pin on My Shirt and Think Again

3 Comments / Energy markets, Environmental policy, Film / By

Michael Giberson From the press release: NEW YORK–(BUSINESS WIRE)–Mark Ruffalo and other Oscar nominees will wear a blue water droplet pin during Sunday night’s Academy Awards as a way of asking Americans to be stewards of our treasured water supply, which is currently in jeopardy due to extreme drilling and includes natural gas hydro-fracking. The …

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The Law on Fracking Oil and Gas Wells

Energy markets, Environmental policy, Law, Regulation / By

Michael Giberson Looking for a thorough examination of the law with respect to fracking? This article, “American Law and Jurisprudence on Fracing,” appearing in the Rocky Mountain Mineral Law Foundation Journal looks pretty good. (Abstract of the article here; PDF of full article here.) From the conclusion: Given the size of the potential reserves made …

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Ups Turns to Lng, Not Cng, for Natural Gas Fueled Long-haul Trucks

Energy markets, Environmental policy, Transportation / By

Michael Giberson The low cost of natural gas and the high cost of petroleum products like diesel and gasoline have produced a lot of interest in natural gas as a transportation fuel. It is an idea that’s been around for a while and works fine in practice. Most of the interest and effort has gone …

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Demsetz Discusses Coase’s Mistake on Pigou and Social Costs

5 Comments / Economics, Environmental policy, Law / By

Michael Giberson Last summer, Harold Demsetz spoke at the Property and Environment Research Center on Ronald Coase’s big mistake in “The Problem of Social Cost.” PERC has just posted the video. The article he is presenting is, “Fallacies in the Economic Doctrine of Externalities,” but I bet in the written article he doesn’t say, “what …

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What About Electric Bikes? and Regular Bikes? and Can I Get a Pony?

7 Comments / Environmental policy, Politics / By

Michael Giberson President Obama’s budget request will call on Congress to pass legislation offering consumers a rebate of as much as $7,500 for purchasing electric vehicles. The rebate plan is part of a three-part proposal outlined by the Department of Energy Tuesday that will be included in Obama’s budget request, slated to be released Monday. …

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We Don’t Need a Geothermal Portfolio Standard

5 Comments / Energy markets, Environmental policy, Regulation / By

Michael Giberson The new Jan./Feb. 2011 issue of the Electricity Journal is now available, and it contains the usual range of interesting things to consider. Take, for instance, the article “Rede?ning Renewable Portfolio Standards: The Value of Installed Renewable Capacity.” The article observes, reasonably so, that some sources of renewable power can dependably generate power …

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