“It is shocking that legislators would contemplate advancing policy that would increase taxes, drive up prices for American families, harm workers and those on fixed incomes, and punish energy use. Yet this is precisely what a carbon tariff does.” (Free Market Letter, below)
Government intervention expands and expands from its own shortcomings. And in the service of “global climate change,” where deep-ecology alarmism prevails and economics is demoted, regulation is open-ended and increasingly strident.
Open international trade has been the gold standard for hundreds of years in theory and in practice. Adam Smith noted how the international division of labor produces the most goods and services for the greatest number, increasing the Wealth of Nations. His logic remains today.
Pricing carbon dioxide (CO2) is the weapon of the anti-industrial, anti-energy “Progressives.”…
Continue Reading“California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income so that the rich pay more and low-income residents pay less. Costly California looms as an example of poor energy policy.”
Energy prices are skyrocketing in California. The state’s electricity, gasoline, and natural gas prices are amongst the nation’s highest and rising. Green energy policies are the primary cause for high and escalating California energy prices.
Electricity
California electricity prices increased by 98.2 percent over the last 15 years, the highest rise in the nation. No other state comes close in terms of price increases. US average electricity prices rose 30.6 percent over the same period. California power prices rose to a level that is the second highest in the nation, only lower than Hawaii.…
Continue Reading“But messages [against] … Lynne [Kiesling] … just serve to marginalize you. …. I’d encourage you to divert your efforts to re-establishing the reputation you have had, because your existing approach has tarnished and is tarnishing it.” (Michael Giberson, below)
“Lynne and Mike’s modus operandi is tweak, tweak and continue down the road of climate alarmism – forced energy transformation – centrally planned electricity.”
Keep your eye on the ball. In recent days, I have noted the irony of the “Queen of Power Markets” Lynne Kiesling presiding over a Public Choice conference where her central planning electricity model (Independent System Operators/Regional Transmission Organizations) is not teed up for some serious Public Choice application. That’s the situation going into the conference, judging from the scheduled panels and talks.
Such was my Friday post, “Public Choice and Electricity: Kiesling Ducks Again (Plano, Tx.…
Continue Reading