Hollywood Joins the Fossil Fuel Divestment Movement »

I published an op-ed in the Philadelphia Inquirer recently challenging the mindsets of student activists lobbying to force college administrators to purge coal and oil stocks from their investment portfolios. Now, reportedly, but not surprisingly, Leonardo Di Caprio and a few other left-leaning Hollywood personalities are jumping on the divestment bandwagon. He, along with...
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Tennessee’s Fracking Controversy »

Shale gas deposits underlie about a third of the State of Tennessee. Tapping that low-carbon resource is essential if electric utilities there and across the nation have any hope of complying with the Environmental Protection Agency’s Clean Energy Plan, which mandates a 30 percent reduction in carbon dioxide emissions by 2030. Yet environmental groups...
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Take or Pay at the EPA »

A story by Matthew Wald in the New York Times on January 9th demonstrates the poverty of governmental attempts to pick “winners” in the realm of green technologies, the wasteful subsidy programs supporting that policy goal and the huge costs for the private sector of being unable to march to Washington’s tune. Among its...
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Larry Summers Claims Japanese Earthquake/Tsunami Disaster Will Boost Economy »

Predictably, within days of the unmitigated disaster and massive loss of life (10,000 and counting) in Japan from the record 8.9-magnitude earthquake and tsunami, a major Keynesian economist has gone on the record in defending the “broken window fallacy” in economics by claiming that the Japanese disaster will actually boost economic growth. The economist...
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