When three plus green equals four.
Actually, I think that this would explain a lot of the administration’s environmental and energy policy.
Category Archives: Economics
Big Bangers
Steve Hayward wonders if there could be a sitcom about think tankers.
Actually, it would be amusing to see the interactions between denizens of, say, AEI and Brookings. And imagine the snark from Cato, CEI and Reason. I’d cast Katherine Mangu-Ward as herself. But Kate Micucci might be able to do the job, too. And then there’s Jonah.
Someone needs to work up a treatment, stat.
When It’s Hot, It’s Climate
But when it’s cold, it’s just weather.
And CO2 does increase temperature. But not much. Certainly nothing to justify all the economically ruinous hysteria.
Crony Socialism
The White House knew that Fisker was headed for a fall, and gave them our money anyway.
Hey, got to keep those campaign donations coming in.
Obama’s Crony Capitalism
…posts more pitiful results.
Earth Day
German taxpayers have poured $130 billion into subsidizing solar panels, but ultimately by the end of the century, this will postpone global warming by a trivial 37 hours. The electric car is even less efficient. Its production consumes a vast amount of fossil fuels, and mostly it utilizes fossil fuel electricity to be recharged. Even if the U.S. did reach the lofty goal of 1 million electric cars by 2015 — costing taxpayers more than $7.5 billion — global warming would be postponed by only 60 minutes.
These beguiling policies cost a fortune but make little difference to the environment because the technologies are still not ready. That’s why we need to invest more in long-term research and development for green innovation. This would be much cheaper than current environmental policies and would end up doing more good for the climate.
But it wouldn’t pay off political cronies.
As he notes, it’s time to start having sensible, not economically stupid environmental policies.
[Update late morning]
The EU carbon market continues to collapse.
Good.
The FAA ATC Furloughs
It’s another Washington Monument attempt.
I think it’s a great opportunity to renew discussion of privatizing ATC. It works fine in other places, no reason it wouldn’t here.
The Totally Non-Socialist German Socialist Workers’ Party
Larry Correia righteously and brutally smacks down the idiots who continue to believe that the Nazis are “right wing.” OWS is collateral damage. Or maybe it’s not collateral. Anyway, read the whole thing.
“If It Saves Just One Life”
I agree with this take on how the terrorists won in Boston. This sort of irrational risk aversion is the theme of my book. “Safe” is never an option, in any absolute sense. In order to prevent a potential death of a citizen, the authorities shut the whole town down, costing hundreds of millions of dollars to the local (and probably national) economy. The whole town, that is, except for the Duncan Donuts shops. Which, as he says, really tells you everything you need to know. It was security theater, just like TSA.
Private Unions And ObamaCare
Will it put some of them out of business?
If so, it will be poetic justice.