Posted September 30, 2009
The Kerry-Boxer climate change bill leaves unaddressed key elements of how it intends to constrain carbon emissions. Unfortunately, it appears to be following the pattern the House followed, which resulted in a political bidding process that picked winners and losers.
Posted September 18, 2009
In response, however, I would like to point out that assertions that oil and natural gas companies receive subsidies through programs like the Highway Trust Fund, the Low Income Home Energy Assistance Program and the Strategic Petroleum Reserve are ludicrous. This study is an irresponsible rendition based on a contorted recycling of government data that should never be used to craft national policy - especially a tax increase on the oil and natural gas industry that would raise energy costs and kill jobs.
Jane Van Ryan
Posted September 14, 2009
If you're looking for a laboratory where environmental and energy policy is being tested, look west toward California. Over the past several years, California's elected officials have enacted some of the strongest requirements to curb air pollution, create its own recipe for gasoline and transition to a new form of diesel fuel earlier than anywhere else in the country.
Jane Van Ryan
Posted June 1, 2009
When economists are asked why the price of fuel fluctuates, they often explain that price changes are due to the "market"--the interaction of all of the people around the world who buy and sell crude oil and fuels in the global marketplace. These buyers and sellers decide how much oil and oil products they are willing to buy or sell at a given price. Their decisions can be affected by several factors including weather, refinery operations, and geopolitical and economic conditions. The price of other commodities, such as wheat and corn, are determined in much the same way. I touched on these points a bit in last Friday's post