Category Archives: Economics

Obamanomics: GDP Shows Surprise Drop for U.S. in Fourth Quarter

Surprise? Continue reading

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Moonbat: The cabinet reshuffle is a declaration of war on the environment

Well it’s about time. Nature has been attacking humanity from day one and as we all know, appeasement never works. Time to give it a darn good thrashing! Continue reading

DECC Official: UK Shale Development Would Be ‘Misguided’

The Energy Secretary Ed Davey has moved to defend renewables after the appointment of two anti-wind ministers in the reshuffle. The new Environment Secretary, Owen Paterson, and Energy Minister, John Hayes, both oppose wind farms. Continue reading

Nigel Lawson: Rational Climate Economics

Paper presented at the Erice conference “The Role of Science in the Third Millennium” – Erice, 20 August 2012: Session ‘Climate and Climate Economics’ Continue reading

Andrew Bolt: Waking too slowly from our green daze

How is business meant to plan investments, when the Gillard Government changes its mind so abruptly on taxes and mad multi-billion schemes? Dennis Shanahan:


The decision to end the negotiations to buy and close down Australia’s “dirtiest” brown-coal power plants is not just a shift in policy that might ultimately save the budget billions; it is another shift in the goalposts that sends the wrong signals to industry and investors.
Continue reading

Critics Say California Law Hurts Effort to Add Jobs

Environmentalists in this greenest of places call the California Environmental Quality Act the state’s most powerful environmental protection, a model for the nation credited with preserving lush wetlands and keeping condominiums off the slopes of the Sierra Nevada.

But the landmark law passed in 1970 has also been increasingly abused, opening the door to lawsuits — sometimes brought by business competitors or for reasons unrelated to the environment — that, regardless of their merit, can delay even green development projects for years or sometimes kill them completely. Continue reading

¥50 trillion for renewables needed to end nuke power

The nation will have to invest at least ¥50 trillion in renewable energy by 2030 if nuclear power is completely phased out, the government estimated Tuesday.

It also predicted that households would see their monthly energy bills, including gas and other sources, nearly double if the phaseout goal is to be reached by 2030, rising to as high as ¥32,243 on average, compared with ¥16,900 in 2010. Continue reading

Small signs of improvement in the UK?

Geoffrey Lean seems troubled by a Cabinet reshuffle in the UK – that can’t be bad Continue reading

Robert Bradley Jr.: Crony Capitalism in the U.S. Energy Industry: A Brief Review

America’s energy industries (oil, gas, electricity) have been a bastion of crony capitalism for much of their history. Leading gas and electricity firms sponsored state and then federal public-utility regulation during the Progressive Era and New Deal. Like other so-called public utilities, they welcomed the prospect of making commission-approved “reasonable” profits in an entry-restricted environment rather than taking their chances in open-entry markets. Continue reading

Subprime Bubble: Obama ‘Vampire Socialism’ Built It

Previously unpublished court documents reveal that as a young lawyer from Chicago, President Obama’s lawsuit against big banks started inflating the housing bubble that created the mess he says he inherited. Continue reading

James Delingpole: Nicholas Stern – the most dangerous man you’ve never heard of

Ask almost anyone who Nicholas Stern is and you’d surely draw a blank. But as Andrew Montford suggests at his Bishop Hill blog, there are few men who have had quite such a deleterious effect on our lives as this dreary ex-civil servant now known – to those few who do know of him – as Lord Stern and doing very nicely thank you at his extremely well-paid job fomenting climate alarmist drivel at the Grantham Institute. Continue reading

Why US Gasoline Prices will Fall in the Coming Weeks

Even though gasoline prices in the US are currently $0.15 a gallon higher than this time last year, and have been constantly rising for the past two months, Robert Rapier predicts that they will start to fall rapidly in the coming weeks. Continue reading

China Ranked as the Most Attractive Country for Renewable Energy Investments

Ernst & Young has recently assessed 40 countries to determine their attractiveness to renewable energy investors. Continue reading

Higher CAFE Standards: “There’s No Such Thing as a Free Lunch”

In July 2011, the Obama administration announced the new Corporate Average Fuel Economy (CAFE) standards that will begin taking effect in 2017. Continue reading

Uh-oh. Downturn in Aus: $100bn mining projects threatened

Who’s going to plug the yawning chasm in the green/Left government’s budget now? There are no “mining super-profits” to tax and the carbon tax is imploding before it even gets going. Continue reading

Green Protectionism: EU And China On Verge Of Solar Energy Price War?

German Chancellor Angela Merkel has called for a frank assessment of a solar panel trade dispute with China. The EU is mulling an anti-dumping inquiry into China after the US took similar action in one of the world’s fastest-developing markets. Continue reading

Green Taxes On Fuel Bills Nearly Double, Consumer Group Says

Green taxes on energy bills have nearly doubled in two years to almost £100 as companies pass on the costs of becoming environmentally-friendly to households. Some industry insiders believe that bills could increase by between 50 per cent and 100 per cent by 2020. Continue reading

Mark P. Mills: The Next Great Growth Cycle

Today’s techno-pessimists say technology and America have plateaued. Continue reading

Walter Donway: Crony Capitalism: Principles and Practice

This post includes links to both parts 1 (Principles) & 2 (Practice). Continue reading

Obama Mileage Mandate Will Fuel Auto Disaster

On the same day the administration releases rules mandating a near-doubling of fuel economy standards, GM announces it is suspending production of its plug-in hybrid Volt amid disappointing sales. Continue reading