5. Overlapping Renewable Energy Subsidies. Senator Tom Coburn (R-Okla.) estimates that redundancies in government spending alone amount to roughly $250 billion. That’s three times the cost of sequester cuts. Right now 23 agencies and 130 sub-agencies are in charge of some 679 renewable energy initiatives, according to the Government Accountability Office. One would think with … Continue reading
The Bipartisan Policy Center recently hosted an event discussing the geopolitical impacts of the US’s recent tight oil boom. Tight oil, or shale oil, production has increased with the expansion of hydraulic fracturing technology used to access shale gas from shale or sandstone formations. Amidst the rallying cries of a “qualified abundance” instead of a … Continue reading
The Center for Climate and Energy Solutions recently released a new report detailing how to incorporate natural gas into an emissions- and carbon-free future, with recommendations for use by sector. They launched their report with a meeting featuring a “CEO-level” discussion and a “sector-level” discussion. The two panels followed the format of the report. … Continue reading
In a previous post, I wrote about the challenges of balancing economic and environmental interests when crafting regulatory policy. I argued that while regulations often incur significant economic costs, more regulation doesn’t necessarily translate into greater environmental benefits. This issue came up at a House Natural Resources Committee hearing on Tuesday about state and federal approaches … Continue reading
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