Tag Archives: environmental regulations

CEI Podcast for June 23, 2011: Bunker Fuel

 

Have a listen here.

Bunker fuel is  a heavy fuel used by large ships around the world. Oil tankers, container ships, and more rely on bunker fuel because it’s cheaper than other kinds of fuel. Land Use and Transportation Policy Analyst Marc Scribner takes a look at new environmental regulations in California intended to reduce bunker fuel usage. The rules are actually causing many ships to use more bunker fuel, not less. If proposed fixes succeed, the result would essentially be a tariff on most global trade — a $16 trillion industry.

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The Environmental-Industrial Complex

Sometimes the green part of green regulations isn’t the environment. It’s money.

Economics says that people act according to their incentives. Public choice theorists say that politicians and regulators also act according to their incentives — just like the rest of us. Those incentives include maximizing agency budgets and winning elections.

This short video from Reason.tv shows public choice theory in action:

CEI Podcast for March 21, 2011: How Washington Ruined Your Washing Machine

Have a listen here.

CEI General Counsel Sam Kazman talks about how ever-stricter energy efficiency regulations are making washing machines more expensive and less effective than they used to be. Sam recently wrote about the issue for The Wall Street Journal; you can read his article here.