Focus on Energy and Environment
By BRUCE BARTLETT,
Posted: February 09, 2011
On February 7, the World Bank published a study estimating that climate change will add $40 billion per year to future estimated hurricane damage in the U.S. by the year 2100.
On January 28, Resources for the Future published a study on the distributional effects of a cap-and-trade initiative to reduce greenhouse gas emissions.
On January 25, the RAND Corporation published a study which found little military value in having the Defense Department increase its use of alternative fuels.
On January 21, the Treasury’s Inspector General for Tax Administration issued a report which found that a substantial amount of tax credits claimed for the purchase of vehicles operating on clean renewable energy were claimed erroneously.
In a January 18 commentary, Harvard economist Ed Glaeser argued that so-called green energy is unlikely to be much of a jobs generator and it would be unwise to subsidize such technology in the hope that it will be.
On January 17, the National Bureau of Economic Research posted two papers on biofuels. The first found that increased biofuel use will raise corn prices and lower gasoline prices relative to the baseline. The second found that increased use of genetically-modified seeds could raise agricultural production enough to offset the impact of increased biofuel production on food prices.
On January 4, the Congressional Research Service published a report on clean air issues in the 112th Congress.
On December 20, the Federal Reserve Bank of Chicago published a working paper reviewing the history and operation of corporate average fuel economy (CAFE) standards.
On December 16, the CRS published a report examining the disposal of oil from the Deepwater Horizon oil spill.
A December 15 report from the Department of Energy examined the role of rare earth metals and other materials in clean energy technology.
I last posted items on this topic on December 20.
Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He
and writes a
at The Fiscal Times. Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including the New York Times best-seller, Imposter: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy (Doubleday, 2006).