As regulated businesses, utilities’ incentives differ from those of many businesses. Citing a study in the Yale Journal of Regulation, economist Timothy Taylor explains why these incentives argue against a substantial buildout of a transmission network. This—even though the government is trying to force an “electric” economy. Taylor points out that shareholders of utilities are…
A Dept. of Agriculture Office on Food Waste?
The massive farm bill that’s on its way has a new wrinkle: an office to curtail food waste. What will it do? Jacob Wallace of Waste Dive reports: “The proposed office would administer a grant program for local jurisdictions to facilitate data collection on existing food loss and waste policies. The grant program would be…
Biden Revokes Alaska Leases, Plans More Bans in National Petroleum Reserve
The Institute for Energy Research explains how detrimental the president’s recent actions are. “President Biden’s Interior Department has revoked seven remaining oil and natural gas leases in Alaska’s Arctic National Wildlife Refuge that were sold during the Trump administration and unveiled a proposal to ban new leasing and development on 10.6 million acres of the 23-million-acre National Petroleum Reserve-Alaska….
Straight Talk on Nuclear Power
Two prominent analysts raise doubts about nuclear power as the “answer” to climate change alarm. Ben Zyker warns conservatives about the costs. “Recent analysis from the Energy Information Administration reports estimates of prospective nuclear electricity production costs more than double those of natural gas-fired electricity. (If we include the cost of backup generation to avoid…