David Blackmon at Forbes describes likely impacts on the oil and gas industry. He writes: “Those likely executive order reversals include: Re-entry of the United States into the Paris Climate Accords; Re-entry of the United States into the Obama-era Iran deal, which would free up Iran to dramatically increase its exports and potentially impact crude prices;…
Search Results for: regulation
Links: Regulation and the Virus, Reusable Coffee Cups, Deforestation
FEE: ‘A Litany of Useless Laws Have Been Exposed by the Coronavirus.’ CEI: Regulation, not offshore outsourcing, is hindering supply of medical equipment. BBC: As coronavirus goes up, air pollution goes down.
Yes, This Rule Is Dubious, But Does It Matter?
The Office of the Comptroller of the Currency (OCC) has issued a regulation that would prevent banks from refusing to fund legal activities that they disapprove of, such as oil and gas drilling. During the past year, several major banks, including Bank of America, Goldman Sachs, J. P. Morgan, and others, announced they will not…
The Right and the Left Agree: It Won’t Be Easy for Biden to Re-regulate
Both supporters of Joe Biden and his critics indicate it will be hard to overturn many of Donald Trump’s environmental deregulatory moves. They offer different reasons, however. Sterling Burnett, writing in Climate Change Weekly, says Trump created new rules for the EPA that make quick re-regulation almost impossible. In contrast, the Biden team is emphasizing Trump’s…
Some Questions about ‘Environmental’ Investing
There’s an eerie resemblance between today’s ESG (environmental, social, and governance) investing and the Porter Hypothesis, an earlier claim about how regulation can lead to profits. (Its architect, Michael Porter, Harvard business professor, is pictured here.) First, some definitions: ESG investing means investors choose companies that meet certain non-financial criteria. So, in the environmental area…
Some Problems with the New York Times
This post is about how preconceived ideas, in this case ideas about climate change, corrupt reporting. A skilled reporter from the New York Times, Marguerite Holloway, went to western Massachusetts to see what was wrong with the trees there. She found a number of problems but her description and analysis are riddled with assumptions about…
The Challenge of Private “Seasteading”
By Greg Rehmke. This is a guest post by Greg Rehmke, program director of Economic Thinking, an organization that fosters better understanding of economic principles. Natural coral and oyster reefs around the world are considered “rainforests of the oceans,” home to rich and diverse ecosystems. Shipwrecks, offshore oil platforms, and artificial reefs teem with species…