David Kreutzer is a senior economist at the Institute for Energy Research.
View all authorsHere’s a principles-of-economics question: Suppose the U.S. gross domestic product (national income) is currently $14 trillion. Then suppose the U.S. raised all tariff, income tax,… Read More
The recent explosions in Massey’s Upper Big Branch coal mine and on the Deepwater Horizon drilling rig highlight the tragedy of workplace fatalities. Though improvement… Read More
At the press conference accompanying the political hara-kiri by his director of the Minerals and Management Service, President Obama changed topics and said, “Now let… Read More
For his sake, let’s hope that Bruce Arnold at the Congressional Budget Office doesn’t get the Gabriel Calzada treatment from the American Wind Energy Association… Read More
Why has American’s concern with global warming dropped to dead last among issues surveyed (even dead last among environmental issues)? Because a great deal of… Read More
Data show 2009 was a record year for lobbying on energy issues. 1747 clients (firms and groups) hired lobbyists to work in the area of… Read More
The global-warming economics coming out of Washington doesn’t match the global-warming economics of Copenhagen. For instance, according to Senator John Kerry (D-MA) cutting CO2 creates… Read More
Senators Lieberman, Graham, and Kerry have come forward with a bold, new proposal on global warming… or not. Here is Senator Lieberman’s description of the… Read More
On November 23, 2009 the Congressional Budget Office issued “Economic and Budget Issue Brief: The Costs of Reducing Greenhouse-Gas Emissions.” This brief echoed many of… Read More
“Second verse same as the first, a little bit louder and a little bit worse.” This is the basic theme of the EPA’s analysis of… Read More
A study out of Stanford analyzes factors that lead to California’s lower per-capita electricity consumption. Proponents of regulation and cap and trade often point to… Read More
Government expenditures are not free. Economists know this and most others recognize it when they take the time to think about it. Unfortunately, it seems… Read More
This morning we reported on a recently-leaked document from the G20 Climate Finance Experts Group detailing that while Congress has promised to give Waxman-Markey’s energy… Read More
Do you drive a truck or a farm tractor? If not, do you use any products grown on a farm or shipped by truck? Well,… Read More
The Waxman-Markey energy tax plan will have all sorts of unwanted side effects. As the healthcare debate ramps up, it’s worth noting problems misguided global… Read More
“In fact, they’re all but lying.” Those are pretty strong words to be used in a national news source, especially one that aspires to be… Read More
Here’s today’s news from the Congressional Budget Office on the recently passed Waxman-Markey legislation: It’s a big tax and spend bill. For the years 2010-2019… Read More
The Obama Administration’s recent budget has some of the most revealing text in the smallest font. Put on your green eyeshade and get out your… Read More
Here is a quote from the President’s new budget (emphasis added): “If we lead the world in the research and development of clean energy technology,… Read More
Here is the world temperature diagram from the Hadley Center that some think projects a catastrophic warming (this projection was easier to believe before the… Read More
President Barack Obama’s trillion dollar stimulus plan, has morphed into an appropriations bill devoid of debate. The process forgoes any pretense of targeting unemployed people… Read More
Here’s a quiz to see if you qualify to be a catastrophe-spotting climate economist: Part I: The cheapest way for John Doe to get to… Read More
