Daily Policy Digest

Environment Issues

United States Needs to Discard Its Outdated Energy Policy

The United States' outdated export restrictions on oil are based on the idea that fossil fuels are scarce and that the United States is vulnerable to the volatility of the global oil market...

Waiting for Keystone XL Approval

Canada has suffered from the Keystone XL delay -- it has depressed Canadian oil prices, hurt profits and affected government revenue...

Environmental Protection Agency's New Definition of Water

Narrowing the definition of "Water of the United States" is a good idea, but a new proposal attempting to do so is confusing, technical and will likely be even longer in its final form...

Obama Plays Politics with Keystone XL

Keystone XL would support 42,100 jobs in the United States during the two-year construction period...

Regulating Our Way to Prosperity

The Environmental Protection Agency determined that the Utility Mercury and Air Toxics Standards rule would benefit the economy in the form of higher gross domestic product; but the benefit is outweighed by the lost electricity production and jobs...

Megadam Projects Not Successful

In the 1970s, Brazil built its Itaipu Dam at a cost of $20 billion -- 240 percent more than had been projected...

The Case for Crude Oil Exports

In 2013, crude oil imports declined by 16 percent, from $310 billion to $268 billion, reducing the U.S. trade deficit by $22 billion every month...

Fracking and Property Rights

If you include natural gas liquids, biofuels and crude oil, the United States produced 12.1 million barrels of oil a day in 2013 -- 300,000 barrels more per day than Saudi Arabia and 1.6 million more than Russia...

Global Warming Policies Hurt the Poor

In 2012, solar and wind power was subsidized to the tune of $60 billion, but the total benefit to the climate was only $1.4 billion, meaning that $58.6 billion was completely wasted...

Good News Buried in Climate Change Report

Recent studies indicate that climate sensitivity is significantly lower than what earlier studies had indicated; however, climate models still use high climate sensitivities to project future climate change...


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