AEI: The Carbon Tax, and Economists as Experts

AEI Scholar Benjamin Zycher writes that “The social cost of carbon calculation is an exercise in bureaucratic arithmetic shameless even by Beltway standards.” “It conflates domestic and global policy effects, it confuses the purported climate and GDP effects of greenhouse gas emissions, it fails to adhere to OMB requirements in terms of the choice among discount rates, and it is …

Time to Repeal the RFS

Instead of bolstering energy security as intended, the Renewable Fuel Standard (RFS) is undermining the economic success of our recent energy boom while posing a threat to the environment and even raising food prices. It’s time for Congress to repeal the fundamentally broken RFS, and Senators Pat Toomey (R-PA) and Diane Feinstein (D-CA) have a bipartisan bill to do just …

LCFS Bad Policy for Washington State

Washington is proud to be the eighth cleanest state in the nation in terms of carbon dioxide emissions per capita, and seventh cleanest in carbon dioxide emissions per gross domestic product — but Gov. Jay Inslee wants to implement a low carbon fuel standard (LCFS) that will raise fuel costs for every motorist and truck driver in Washington. Gov. Inslee’s …

Ethanol pays off — for Chicago Alderman, anyway

When Chicago’s most powerful alderman began pushing for legislation that could mean big money for the ethanol industry, it was only a matter of time before he got a generous campaign contribution from agribusiness giant Archer Daniels Midland. Read the full story from the Chicago Sun-Times’ Dan Mihalapolous.

Obama clean energy loans leave taxpayers in a $2.2 billion hole

Taxpayers are on the hook for more than $2.2 billion in expected costs from the federal government’s energy loan guarantee programs, according to a new audit Monday that suggests the controversial projects may not pay for themselves, as officials had promised. Nearly $1 billion in loans have already defaulted under the Energy Department program, which included the infamous Solyndra stimulus …

Rep. Pike: Inslee’s low-carbon fuel plan too costly, ineffective

Source: (Olympia, Wash.- Sunday, April 12, 2015) – The Columbian via EIN News – By Rep. Liz Pike — We all want a cleaner environment in which to live, work and pass on to our children and grandchildren. We’re making great progress here in Washington. Employers are investing millions of dollars in new and innovative technologies that reduce their carbon footprint, including converting …

EPA to set overdue biofuel quotas in deal with oil industry groups

Source: (Washington, DC – April 10, 2015) – Fuel Fix, by Jennifer A. Dlouhy — Compelled by an oil industry lawsuit, the Environmental Protection Agency has agreed to set biofuel quotas for 2014 by Nov. 30 — two years after they were initially due. The time frame was laid out Friday in a settlement agreement resolving a lawsuit by the American Petroleum Institute and the …

Biofuels, Hunger, and Climate: Fixing California’s LCFS Analysis

Source: The Energy Collective, by Jonathan Lewis – (April 6, 2015) – The politics surrounding biofuels and biomass-based power generation are so fraught with controversy that the Washington Post recently labeled bioenergy “a familiar obstacle to good policymaking.” Who could disagree, then, that decisions about which types of bioenergy to encourage should be based on dispassionate scientific analysis rather than the parochial interests of …

Republican governors unwittingly recruited by biofuels lobby

Source: Washington Times, by Ben Wolfgang – (April 2, 2015 – Washington, DC) — Governors’ Biofuels Coalition ‘directors’ unaware of membership: Texas governors have not been fans of the federal government’s renewable fuels mandate, so it was a surprise to Gov. Greg Abbott when he discovered this week the Governors’ Biofuels Coalition has been listing him as a key member of …

5.7M acres of U.S. grasslands plowed for crops over four years – study

Source: E&E News, by Tiffany Stecker – (April 2, 2015) — A new study finds that 7.3 million acres have been converted to cropland nationwide over the last four years. The paper, published online today in the journalEnvironmental Research Letters, tracked land-use changes between 2008 and 2012 — a time of high corn and soybean prices and the onset of the federal …