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Carbon Taxes: Reducing Economic Growth—Achieving No Environmental Improvement Biofuel Wind

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Energy makes modern society possible. It lights the night, heats our homes, powers our entertainment, and most importantly, it helps us conserve the ultimate non-renewable resource—time. Energy amplifies our ability to do work. Machines help autoworkers assemble cars, power tools help construction workers build our homes, gasoline-powered automobiles help us take care of our families, diesel-power trucks distribute fresh produce across the country, and electricity-powered computers give…

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  • Published // March 11, 2009
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Paradise Decoupled Electricity Issues

Robert J. Michaels
I. Compounding the Inefficiencies of Regulation
Erroll Davis, the former CEO of Wisconsin Electric Power (now a unit of WE Energies) was a rare utility executive. As competitive power markets evolved in the 1990s his low-cost company was ready to move aggressively. And well it should, thought Davis. Almost all utilities enjoyed regulated terrritorial monopolies and state public utility commissions almost invariably allowed them to recover all…

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  • Published // February 13, 2009
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Offshore Energy Exploration: Myth vs. Fact Blog Natural Gas

Myth: There’s not enough energy in the outer continental shelf (OCS) to make exploration worthwhile.

Fact: The Minerals Management Service (MMS) estimates that the OCS contains 86 billion barrels of oil and 420 trillion cubic feet of natural gas. These estimates are likely very conservative, as bans on offshore leasing have made it illegal to explore and determine how much more energy is available. In other words, this is just…

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  • Published // February 11, 2009
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