Green Energy

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Would California Be Better Off With Part-Time Legislators Rather Than Professional Politicians?

California lawmakers have sent legislation to Gov. Jerry Brown that will allow them to live outside the districts they “represent.” To some, Senate Bill 1250 simply frees legislators to live and work in Sacramento while representing the folks back home. Others argue it lets lawmakers deceive their constituents. We see ...
Agriculture

Shutting Down California Energy Production Would Be Foolish

Of the 50 states, only Texas and North Dakota have more proved oil reserves than California. The state should be capitalizing on the riches, shouldn’t it? But, no. That’s not the plan. California politicians want to leave crude in the ground where it doesn’t do anyone any good. And it’s ...
Blog

You Should’ve Been There – On PRI’s Vancouver Conference on Free-Market Environmentalism

Whenever you hear about efforts to preserve our environment, it always involves ill-conceived policy prescriptions, taxpayer-funded subsidies, or heavy-handed government mandates. Take, for example, the work by PRI’s Wayne Winegarden on electric car subsidies.  While noble in intent, the subsidies amount to government playing car salesman.  Using your money, government ...
Blog

Investors and Taxpayers: Beware of Corporate Welfare

Last week, Tesla analysts at Goldman Sachs reiterated their sell rating of the stock, citing decreased delivery projections of its Models S and X, and slower production of its mass market Model 3 (see: that’s what I want!).  Goldman analyst David Tamberrino believes that the slowdown may mean that the ...
California

Unless Legislature Embraces Free Market Energy Future, California Faces Next Solyndra

California’s solar power system generated such a glut of electricity for two weeks in March that some of it had to be sent out of state. Supporters of solar energy might believe this is evidence that it works. But it actually highlights solar energy’s biggest flaw. In late June, the ...
Business & Economics

Despite Budget Action, Much Work Remains to Solve State’s Pension Crisis

Anyone worried about an earthquake plunging California into the sea should be more concerned about what is really sinking the state: the cost of public-employee pensions. In the just-enacted 2017-18 state budget, about $8 billion of the state government’s $183 billion spending package will go to the California Public Employees’ Retirement ...
Business & Economics

New Climate Disclosure Would Add No Value For Investors

With only a few months left in office, President Barack Obama’s administration seeks to step up climate change disclosure, raising implications for corporations and asset owners. National Economic Council Director Jeffrey Zients and White House senior adviser Brian Deese unveiled in August a proposal to require public companies to disclose ...
Business & Economics

The Empire State’s ugly war on energy

New Yorkers are paying far too much for the essentials of modern life. For evidence, look no further than the gas pump: State taxes add about 50 cents to each gallon of gas and diesel, the second-highest gas tax in the country. And New York’s electricity prices are the fourth-highest ...
Business & Economics

Obama’s Green Team

The four leaders of Barack Obama’s second-term “Green Team” are nearly all in place: John Kerry has been confirmed as Secretary of State, Sally Jewell has been confirmed as Secretary of the Interior, Ernest Moniz has been confirmed as Secretary of Energy, and only the confirmation of Gina McCarthy remains ...
California

Lax CPUC oversight lets PG&E gouge ratepayer

As the price of natural gas has fallen to a decade low, utility ratepayers wouldn’t know it. Utility costs continue to explode. Given the low cost of natural gas, Pacific Gas & Electric’s latest request to increase utility rates by more than 15 percent by 2016 is causing many to ...
Blog

Would California Be Better Off With Part-Time Legislators Rather Than Professional Politicians?

California lawmakers have sent legislation to Gov. Jerry Brown that will allow them to live outside the districts they “represent.” To some, Senate Bill 1250 simply frees legislators to live and work in Sacramento while representing the folks back home. Others argue it lets lawmakers deceive their constituents. We see ...
Agriculture

Shutting Down California Energy Production Would Be Foolish

Of the 50 states, only Texas and North Dakota have more proved oil reserves than California. The state should be capitalizing on the riches, shouldn’t it? But, no. That’s not the plan. California politicians want to leave crude in the ground where it doesn’t do anyone any good. And it’s ...
Blog

You Should’ve Been There – On PRI’s Vancouver Conference on Free-Market Environmentalism

Whenever you hear about efforts to preserve our environment, it always involves ill-conceived policy prescriptions, taxpayer-funded subsidies, or heavy-handed government mandates. Take, for example, the work by PRI’s Wayne Winegarden on electric car subsidies.  While noble in intent, the subsidies amount to government playing car salesman.  Using your money, government ...
Blog

Investors and Taxpayers: Beware of Corporate Welfare

Last week, Tesla analysts at Goldman Sachs reiterated their sell rating of the stock, citing decreased delivery projections of its Models S and X, and slower production of its mass market Model 3 (see: that’s what I want!).  Goldman analyst David Tamberrino believes that the slowdown may mean that the ...
California

Unless Legislature Embraces Free Market Energy Future, California Faces Next Solyndra

California’s solar power system generated such a glut of electricity for two weeks in March that some of it had to be sent out of state. Supporters of solar energy might believe this is evidence that it works. But it actually highlights solar energy’s biggest flaw. In late June, the ...
Business & Economics

Despite Budget Action, Much Work Remains to Solve State’s Pension Crisis

Anyone worried about an earthquake plunging California into the sea should be more concerned about what is really sinking the state: the cost of public-employee pensions. In the just-enacted 2017-18 state budget, about $8 billion of the state government’s $183 billion spending package will go to the California Public Employees’ Retirement ...
Business & Economics

New Climate Disclosure Would Add No Value For Investors

With only a few months left in office, President Barack Obama’s administration seeks to step up climate change disclosure, raising implications for corporations and asset owners. National Economic Council Director Jeffrey Zients and White House senior adviser Brian Deese unveiled in August a proposal to require public companies to disclose ...
Business & Economics

The Empire State’s ugly war on energy

New Yorkers are paying far too much for the essentials of modern life. For evidence, look no further than the gas pump: State taxes add about 50 cents to each gallon of gas and diesel, the second-highest gas tax in the country. And New York’s electricity prices are the fourth-highest ...
Business & Economics

Obama’s Green Team

The four leaders of Barack Obama’s second-term “Green Team” are nearly all in place: John Kerry has been confirmed as Secretary of State, Sally Jewell has been confirmed as Secretary of the Interior, Ernest Moniz has been confirmed as Secretary of Energy, and only the confirmation of Gina McCarthy remains ...
California

Lax CPUC oversight lets PG&E gouge ratepayer

As the price of natural gas has fallen to a decade low, utility ratepayers wouldn’t know it. Utility costs continue to explode. Given the low cost of natural gas, Pacific Gas & Electric’s latest request to increase utility rates by more than 15 percent by 2016 is causing many to ...
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