By Kerry Jackson, Pacific Research Institute Private automobiles are no longer allowed on Market Street in San Francisco, California. The result has been an increase in bike ridership. This is, of course, being hailed as progress. So why does it look like the city is resetting the clock to a previous century? […]
Tag: fossil fuels
Ditching fuel subsidies cuts emissions without harming economy
“Removing fossil fuel subsidies reduces emissions with limited impacts on economic activity and household incomes Courtesy of ESRI New ESRI research examines how removing eight fossil fuel subsidies would impact both the economy and carbon emissions. It finds that simultaneously removing seven of them — all but the household fuel allowance — would […]
EU hopes to lead world’s environmental-economic transformation
“Europe’s Apollo 11 will not be about the moon” By Simone Tagliapietra, courtesy of the Bruegel Institute “This is Europe’s ‘man on the moon’ moment.” These are the bold words used by European Commission president Ursula von der Leyen 11 days into her job as she presented her plan for a ‘European Green Deal’ […]
Yes, it’s time for Germany to spend on infrastructure and environment
“Make investments possible!” By Hubertus Bardt and Michael Hüther, courtesy of IW Koeln Germany faces enormous challenges in modernizing its capital stock. After neglecting public investment over the last two decades, it is now necessary to update the infrastructure and gradually reduce the investment backlog. Managing demographic aging and decarbonising the economy […]
The Jones Act continues to make no sense at all
“Why Is an Energy Powerhouse Importing Russian LNG?” By Colin Grabow, courtesy of Cato Institute In the coming days a Spanish-flagged ship, the Catalunya Spirit, will deliver a shipment of Russia-originated liquefied natural gas (LNG) to Puerto Rico. Bizarrely, the United States—a leading exporter of LNG—is nonetheless importing it from a geopolitical rival. And this isn’t a first. […]
Offshore wind power could meet all global electricity demand
While it may not fulfill this role in the near term, a new report from the International Energy Agency suggests that offshore wind power — referring to wind turbines built in shallow areas of the ocean, relatively close to land — could one day supply all of the world’s electricity needs. Total wind […]