Energy

Europe: No Longer A Role Model For America

iStock_000001654475XSmall.jpg

For decades many in the American political and policy establishment--including close supporters of President Obama--have looked enviously at the bureaucratic powerhouse of the European Union. In everything from climate change to civil liberties to land use regulation, Europe long has charmed those visionaries, particularly on the left, who wish to remake America in its image.  read more »

Federal Highway Trust Fund: Problem Solving, Government Style

iStock_000003437524XSmall.jpg

News Flash: The Federal Highway Trust Fund will go broke in August.

It went broke last year, and Congress needed an emergency transfer of $8 billion to keep it solvent. There was very little concern last year, but this year we find ourselves in a post-modernist political environment where managing a crisis is good politics, although actually all we do is talk about it.  read more »

Rewriting The Oil Stock Story

oil rig with graph iStock_000002669448XSmall.jpg

Could oil price manipulation have created the rerun of the Great Depression that we are currently enduring?

Think about it. The doubling of gas prices had a profound effect on disposable income and the affordability of housing, whose subsequent downturn set the stage for economic collapse.

We now know that Wall Street speculation drove oil from $69 a barrel to nearly $150. But this article purports to explain why.  read more »

Painting the Town White: Technology and Greenhouse Gas Emissions

iStock_000007441413XSmall.jpg

“Paint the world white to fight global warming” was the astonishing headline from The Times of London. The paper was referring to a presentation made by United States Secretary of Energy, Dr. Stephen Chu at the St. James Palace Nobel Laureate Symposium last week. Chu was reported as saying that that this approach could have a vast impact.  read more »

The Changing Landscape of America: The Fate of Detroit

iStock_000000877325XSmall.jpg

INTRODUCTION

During the first ten days of October 2008, the Dow Jones dropped 2399.47 points, losing 22.11% of its value and trillions of investor equity. The Federal Government pushed a $700 billion bail-out through Congress to rescue the beleaguered financial institutions. The collapse of the financial system in the fall of 2008 was likened to an earthquake. In reality, what happened was more like a shift of tectonic plates.

In 1912 a German scientist, Alfred Wegener, proposed that the continents were once joined together as one giant land mass called Pangea.  read more »

Smart Growth? Or Not So Bright Idea?

Smart GrowthHennipenVillageAlley-R Harrison.jpg

Smart Growth and New Urbanism have increasingly merged into a loosely aligned set of ideas. The benefits of this high-density housing viewpoint are fast becoming a ‘given’ to planners and city governments, but studies that promote the advantages often omit the obvious disadvantages. Here are some downsides that show a much different story:

Smart Growth or Dumb Idea?  read more »

Obama's Energy Triangulation

iStock_000007688196XSmall.jpg

With the possible exception of health care reform, no major issue presents more political opportunities and potential pitfalls for President Barack Obama than energy. A misstep over energy policy could cause serious economic, social and political consequences that could continue over the next decade.  read more »

Cap and Trade: Who Wins, Who Loses

iStock_000002190787XSmall.jpg

President Obama recently announced his plan for environmental protection and Congress took up the debate. Called “Cap and Trade” Obama explained it simply in several public appearances. The government puts a limit on the total amount of carbon emissions that are acceptable in the United States. Carbon emissions come, basically, from burning carbon-based fuels – natural gas, petroleum and coal – in the production and use of energy.  read more »

Lessons from Chrysler and the Nationalized Economy

iStock_000008381144XSmall.jpg

Economists and accountants could very likely have told us six months ago that Chrysler was doomed as a business and that the likely best course of action would be Chapter 11 bankruptcy and restructuring. Doing this in a timely manner would have saved the taxpayers billions of dollars.

But the politics were not right to permit this to happen at that time. So instead we invested billions of tax dollars to save it, only to find ourselves right back were we started. Except now the clock is striking twelve and it is the right time to reorganize the automaker – politically speaking.  read more »

Germany's Green Energy Goals Are Potentially Unrealistic

iStock_000007241061XSmall.jpg

The world looks to Germany to be a leader in Green Energy. There’s been a great deal of hype surrounding Chancellor Angela Merkel’s very ambitious goals of dramatically reducing the county’s emissions by 2020.

Yet the German experience should also provide some pause to President Obama and others proposing such changes in the United States. It turns out that goals are potentially unrealistic, perhaps even dangerous, for numerous reasons.  read more »