“Peak oil” is one of those ideas that used to be the province of commodity speculators and zanier environmentalists, but is now entering the mainstream of the energy policy debate. The idea is simple on its face: For one reason or another (which one does it matter), we are approaching a …
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By Robert Hahn, Peter Passell | Tags: David King, Dieter Helm, James Murray | Category: Energy |
 Leave a commentEnvironmental groups, with a little help from the EPA, are trying to stop construction of the Keystone XL pipeline designed to move crude oil from Alberta (Canada, for the geographically challenged) to refineries in Texas. Nobody’s seriously claiming the $7 billion, 1,700 mile addition to the … By Robert Hahn, Peter Passell | Tags: Canada, energy security, EPA, oil | Category: Energy |
Leave a commentIrwin Stelzer, an economist and conservative intellectual who isn’t inclined to suffer fools, suggests a carbon tax could help reduce the deficit and enhance national security, even as it stimulates economic growth. Quite so. The problem – or at least one of the problems – is the bitter opposition … By Robert Hahn, Peter Passell | Tags: carbon tax, deficit, Hudson Institute, Irwin Stelzer | Category: Climate Change, Energy, Energy Regulation, Environment |
Leave a commentWith gasoline prices skyrocketing and America’s fragile economic recovery at risk, isn’t it time to open the spigot on the federal government’s massive oil reserve? Probably, but the decision isn’t quite the no-brainer it appears. First, a reality check. The 727 million barrels of crude now stored … By Robert Hahn, Peter Passell | Tags: Libya, OPEC, Saudi Arabia, Strategic Petroleum Reserve | Category: Energy |
Leave a commentThe Energy Institute at Haas, a joint venture of UC Berkeley’s Haas Business School and the UC Energy Institute, is one of the better sources of academic research in energy policy. Those who don’t care to plow through their working papers (all of which are downloadable free online … By Robert Hahn, Peter Passell | Tags: appliance energy standards, Institute at Haas, UC Energy Institute, wind power | Category: Energy, Quick Takes |
Leave a commentWe’re perpetually dismayed by the Competitive Enterprise Institute’s alliance with global warming deniers. But the organization is spot-on in its opposition to tax breaks for ethanol fuel, which are set to expire at the end of the year unless Congress puts the taxpayers back on the … By Robert Hahn, Peter Passell | Tags: Competitive Enterprise Institute, ethanol, global warming deniers, St. Augustine, Tea Party | Category: Energy, Quick Takes |
Leave a commentIf Pres. Obama has his way, Washington will invest heavily in energy technology as part of a broader climate change initiative designed to wean us addicts from our daily (hourly? secondly?) carbon fix. The Republicans will take the technology minus the climate regulation, thank you very much. Either way, though, … It’s egg-on-their-faces time for the assorted politicians and pundits who dismissed the potential for spills in offshore drilling as an acceptable price to pay for access to undersea riches. Does that group include us (Hahn and Passell)? Yes and no. We admit to writing articles, both technical [READ MORE...] By Robert Hahn, Peter Passell | Tags: benefit-cost analysis, BP oil spill, deep water drilling, Outer Continental Shelf | Category: Energy, Environment |
Leave a commentCheck out our piece below, also featured in POLITICO this week: http://www.politico.com/news/stories/0410/35464.html President Barack Obama’s surprise announcement that he plans to open a big swath of coastal waters to offshore drilling apparently had little to do with energy security and a lot to do with the … By Robert Hahn, Peter Passell | Tags: Cost-Benefit Analysis, energy security, offshore drilling, President Obama | Category: Energy |
One commentPresident Obama is proposing to open a big swath chunk of Atlantic, Gulf and Alaska coastal waters to offshore oil and gas drilling. That’s probably a good idea because the potential benefits to society (more fuel) exceed the potential costs (extracting the stuff and managing the environmental risks). But … By Robert Hahn, Peter Passell | Tags: benefit-cost analysis, energy dependence, natural gas, offshore drilling, oil | Category: Energy, Quick Takes |
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