There is No Perfect Fuel

When it comes to energy policy, there is no perfect fuel. But in these debates, as elsewhere, the imaginary perfect fuel cannot become the enemy of the good. And for the first time in recent memory, this means that nuclear energy, by all accounts a good alternative for the scale of demand we face, might be getting a seat at the table. Continue Reading...

Environmental News Roundup

Juliet Eilperin, “Bush Pollution Curbs Are Rated Equal to Clinton’s: Science Panel Says Proposed Cap-and-Trade System Will Help Clean Air,” Washington Post, July 24, 2006: The report from the National Academy of Sciences, released yesterday, represents the latest effort to assess how best to reduce air pollution estimated to cause as many as 24,000 premature deaths each year. Continue Reading...

Speaking of Oil

Arnold Kling at the excellent EconLog says that “the government should empty its strategic petroleum reserve and buy energy futures contracts instead. At some point, the futures market has to be taken seriously.” He concludes, “The government has all sorts of subsidies for alternative energy. Continue Reading...