Aguanomics: Optimal regulation

Environmental Economics

I was giving a lecture on institutions and regulation, and I wanted students to understand how ( sometimes)  markets or other negotiations are more efficient in resolving disputes over damages (from pollution or offense) between the offending and offended parties. Bottom line:  Choose the "right means" if you want regulation to be as quick and cheap as possible! David Zetland: Back in Nov 2016 (!),

2018 109

Long-Term Climate Regulation Changed With the Proliferation of Marine Animals and Terrestrial Plants

Environmental News Network

Long-Term Climate Regulation Changed With the Proliferation of Marine Animals and Terrestrial PlantsEarth's climate was relatively stable for a long period of time.

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Job-killing regulations

Environmental Economics

On Mars: Fearing that any further delay might prevent their movement from having any meaningful impact, a consortium of leading conservationists confirmed Wednesday it is attempting to get a head start on preserving the planet Mars.

Job-killing regulations?

Environmental Economics

 "Four are in job-killing, regulation-strangled North Carolina," he says, dripping with insincerity. The Southern Environmental Law Center and the state's other environmental groups have been locked in battle with the GOP-led General Assembly this session as it shaves off regulations to help out the business community. If we're so regulation-choked, they argue, why the consistently high business and quality of life rankings?

The idea is that the benefits of regulations are zero

Environmental Economics

From the "text of executive order on eliminating rules": (b) For fiscal year 2017, which is in progress, the heads of all agencies are directed that the total incremental cost of all new regulations, including repealed regulations, to be finalized this year shall be no greater than zero, unless otherwise required by law or consistent with advice provided in writing by the Director of the Office of Management and Budget (Director). (c) Regulations have benefits and costs. If

2017 163

Regulation Monday (with snark)

Environmental Economics

President Barack Obama is using his executive authority to take his strongest action yet against climate change -- proposing new EPA regulations. Oooohhh, new regulations.  Chamber of Commerce, a business federation, estimated the new regulations will cost the economy $50 billion a year.   According to Costanza, the benefits of the new regulations will be in the neighborhood of $100 bazillion.per minute. "The

Carbon Regulation Watch

Environmental Economics

"So the EPA, probably in the next few weeks, is probably going to set standards that any new power plant that's built in the U.S. has to achieve a certain carbon dioxide emissions rate per unit of energy produced." " Those likely standards—limiting emissions to 1,000 pounds of CO2 per megawatt hour—virtually eliminate the likelihood new coal-fired power plants will be built. via www.usnews.com.

Job-killing regulations?

Environmental Economics

From the inbox: Environmental regulations are unlikely to move the needle on jobs—they won’t drive the unemployment rate up or down.    This week, the Senate debated and rejected EPA’s mercury exposure regulation, EPA moved forward with a new soot rule , and today, the House will considered an energy drilling bill.   Especially as we approach an election, it is important to be clear about what effects regulations have or don’t have on jobs.

Jobs and environmental regulation

Environmental Economics

The EPA came out on top with the highest ratios by far, with benefits from its regulations exceeding costs by an average of more than 10 to 1. As any economist worth his or her professional crest will tell you, regulation solves problems that markets ignore. Those who create costs pay for them — that simple idea is the logic behind the Clean Air Act and most other environmental regulations.

Upcoming GDPR regulation used to spam

Green (Living) Review

by Michael Smith (Veshengro) One cannot call it any other way. In the last couple of days, aside from the ones I have been/am subscribed to, there are emails arriving from organizations, PR companies, and whatever that I have never heard of and never been subscribed to any of their mailing lists. It would appear that the upcoming GDPR law taking effect soon in the UK is being used to send mails to people in the hope that they will subscribe to mailing lists.

2018 122

Video — Regulating Monopolies « Knowledge Problem

Environmental Economics

Lynne Kiesling : I am pleased to announce my first video in the Learn Liberty series — “ Regulating Monopolies: A History of Electricity Regulation “.

Regulating the gaming industry globally, for minorities

Green Prophet

The post Regulating the gaming industry globally, for minorities appeared first on Green Prophet | Impact News for the Middle East. It’s no secret that the biggest startup to have an exit from Israel was a company from the gaming industry. Playtech’s success, however sketchy online gaming might be in some countries like the United States, or in the grey area of Canada, has led to an infusion of funding capital where angel investors invest in whatever enterprises they see fit.

Environmental regulations have always been an easy target

Environmental Economics

regulations) will reduce economic activity. The coincidence of these two major trends has led many to suspect that environmental regulation may be playing a major causal role in impairing the "competitiveness" of U.S. Overall, there is relatively little evidence to support the hypothesis that environmental regulations have had a large adverse effect on competitiveness, however that elusive term is defined.

2017 109

New bill regulating carbon offset market could attract farmers

Inhabitant

Some farmers are turning to carbon capture to make cash outside of traditional farming practices. A new Senate bill could help attract even more farmers to these programs

REGULATING FOR SUSTAINABILITY

Green (Living) Review

However, following on from a recent CIWEM conference where 87 percent of delegates supported a comprehensive review of the financial regulation of water, a presentation at Water & Environment 2010: CIWEM’s Annual Conference will address how the framework needs to develop to respond to the new challenges facing the industry, in particular to encourage long-term sustainable solutions and meet the challenge of climate change.

The key to effective regulation is effective enforcement

Environmental Economics

Jusst an example of why open access fisheries need to be regulated (and are expensive to regulate): In one of the largest oyster cases in recent years, the Maryland Natural Resources Police Wednesday night arrested a Virginia truck driver and seized a tractor-trailer filled with oysters, many of them undersized.

Proposed climate regulations might not be too bad

Environmental Economics

The word "flexibility" is a very good thing from the perspective of economic efficiency: The Supreme Court has already ruled that it can be used to regulate greenhouse gases, which include carbon dioxide emissions, but figuring out how to do that within the technical requirements of the law will be a major challenge.

The benefits of environmental regulations cannot be simply willed away (and why I'm too slow to be an Ivy-Leaguer)

Environmental Economics

A couple of weeks ago, soon after EPA Administrator Pruitt's announcement to introduce a rule changing the role of cost-benefit analysis in design of environmental regulations, I wrote an op-ed and submitted it to the NYTimes for consideration.    In 1981, President Reagan signed Executive Order 12291 requiring both the costs and benefits of any new major regulation be considered prior to federal implementation. 

2018 118

"Regulation an acceptable cost for frackers"

Environmental Economics

In short, there won't be an unregulated fracking industry so the industry ought to go along with the regulators David Zetland. RECENT advances in hydraulic fracturing (fracking) technologies and techniques promise to unlock vast reserves of natural gas. Additional shale-gas supply will reduce energy costs, carbon emissions and, for many countries, dependence on foreign energy producers. via www.petroleum-economist.com.

Quote of the Day: Give me back my regulators dammit!

Environmental Economics

Without federal employees to set rules and quotas for the fishing season, crab fleets in Alaska are in limbo -- unsure whether they'll be able to head out in pursuit of lucrative crab that bring in millions of dollars each season. via www.cnn.com.

Volkswagen executives did a benefit cost analysis of cheating U.S. environmental regulations

Environmental Economics

Reviewing previous cases of violations of environmental regulations by auto manufacturers in the U.S.

2016 126

The best laid plans of federal regulators

Environmental Economics

The Electric Power Research Institute, which is funded by utility companies, is investigating reports of "aggressive" corrosion in scrubbers across the nation. "Our "Our findings, so far, show it's fairly widespread through the industry," said John Shingledecker, senior project manager in the research institute's fossil materials and repair program.

New bill regulating carbon offset market could attract farmers

AGreenLiving

To address the lack of regulation in carbon offset markets, the U.S. New bill regulating carbon offset market could attract farmers. Some farmers are turning to carbon capture to make cash outside of traditional farming practices. A new Senate bill could help attract even more farmers to these programs. One farmer taking part in carbon capture programs is Kelly Garrett, a western Iowa farmer who runs a 7,000-acre farm.

SCOTUS Further Weakens EPA Power to Regulate Greenhouse Gases

Green (Living) Review

Supreme Court on Monday placed further limits on the Environmental Protection Agency''s already-modest power to regulate power plant and factory emissions of greenhouse gases. SCOTUS ruled in a 2007 case that greenhouse gases emitted by new motor vehicles constitute pollution that is subject to regulation under the Clean Air Act.

China’s new frontier for VOC regulations

AGreenLiving

China’s new frontier for VOC regulations Shuying Xu Tue, 03/23/2021 – 01:15 As the global economy reawakens after the COVID-19 shutdown, air emissions and VOC enforcement in China remain a hot topic. Targets for regulation The unique regulatory demands and opacity of local governments, which can insist on short-term, emergency action to reduce emissions, can be a challenge to navigate. Continued here: China’s new frontier for VOC regulations.

China’s new frontier for VOC regulations

AGreenLiving

China’s new frontier for VOC regulations Shuying Xu Tue, 03/23/2021 – 01:15 As the global economy reawakens after the COVID-19 shutdown, air emissions and VOC enforcement in China remain a hot topic. Targets for regulation The unique regulatory demands and opacity of local governments, which can insist on short-term, emergency action to reduce emissions, can be a challenge to navigate. Read the original here: China’s new frontier for VOC regulations.

China 28

RFF on the Issues: When a Carbon Tax Is Better than Regulation

Environmental Economics

When isn't it? Earlier this week at the Paris climate conference, President Obama said that imposing a price on carbon emissions “was a smarter way to deal with pollution than a command-and-control system.” Many experts agree that “much of the economic pain from rising energy costs could be minimized” by a revenue-neutral carbon tax.

2015 136

"What are the Benefits and Costs of EPA’s Proposed CO2 Regulation?"

Environmental Economics

The Obama Administration’s proposed regulation of existing power-sector sources of CO2has the potential to be cost-effective, and if you accept these numbers, it can also be welfare-enhancing, if not welfare-maximizing.

Regulating Coal Hazards in Seward, Alaska and Beyond

Sightline Daily

In response, the Resurrection Bay Conservation Alliance, a community organization, brought the dust clouds to the attention of Alaska State regulators by supplying photos and video evidence of dust blowing off the terminal’s stockpiles, covering nearby fishing boats and neighborhoods. Regulators were growing impatient too. Northwest communities faced with the prospect of new or expanded coal terminals would do well to study their real-life impacts in other places.

Israel Relaxes Regulations On Medical Marijuana

Green Prophet

Israel’s recent decision to permit greater use of medical marijuana may relieve thousands suffering from chronic pain. Cannabis is known to give blessed relief from the pain of cancer. Yet the plant helps people suffering from many other ailments, such as multiple sclerosis, colitis, neurological pain, and post-trauma stress disorder. Until now, the herb has not been in the first line of treatment for chronic pain. Rather, conventional medicine has viewed it as an almost last-resort method.

Arsenic In Your Food? Consumers Push Regulation

Green Prophet

When I first thought of arsenic in my food, I remembered “Arsenic and Old Lace,” a movie from the 1940s where two old ladies nonchalantly poison their elderly suitors with a little arsenic in their elderflower tea. We’re not keeling over from the levels of arsenic in our food – yet – but the concern exists. Much of our fruit juice, especially apple and grape juice, is laced with inorganic arsenic. So is much of our rice. And so are some of our chickens.

UK regulator publishes first Smart Grid Evaluation Framework

Green (Living) Review

The UK energy regulator Ofgem (Office of the Gas and Electricity Markets) has published the first Smart Grid Evaluation Framework, to provide energy companies with a methodology for assessing the value of new smart grid solutions. The framework has been produced for The Smart Grids Forum , established by Ofgem and DECC (Department of Energy and Climate Change) in April 2011, to provide leadership to the power industry on the implementation of smart grids.

Daily Demand and Supply: I'm all for environmental regulations until my AC stops working and I need Freon

Environmental Economics

In 1987, the Montreal Protocol, an international treaty to address atmospheric ozone depletion, established timelines for the phasing out of Chloroflourocarbons (CFCs) and Hydrochloroflourocarbons (HCFCs).    Production and use of CFC's, the more damaging of the XCFC's was banned almost immediately-by 1996, immediate in regulatory terms--and hairdressers everywhere has to find alternatives to their Aquanet. 

2016 116

New Antarctic Shipping Regulations Announced

Eco Friendly Daily

In order to decrease the impact such visits may have on the environment, nations which are part of the Antarctic Treaty have announced new regulations. The proposed regulations will determine the safety equipment, actual vessel design and crew training. The current regulations in the area do cover the actions of tourists, such as leaving no waste behind and avoiding animal breeding grounds. However, no regulations are currently in place for the ships themselves.

"Embroidered filtering skin helps library regulate light

AGreenLiving

"Embroidered filtering skin helps library regulate light. French design practice Serero Architectes Urbanistes has recently completed the new Bayeux Media Library, a light-filled cultural institution that connects the northwestern French commune’s historical roots to its future development zones.

Dump Truck Owners Suing Over CARB Emission Regulations

Eco Auto Ninja

Their lawsuit claims that CARB’s emission regulations are unconstitutional since the cost of compliance will put the majority of dump truck owners out of business. For its part, CARB has some solid reasons for wanting the drastic changes as it claims that the regulations will reduce diesel emissions by 68% by 2014.

UK regulator publishes first Smart Grid Evaluation Framework

Green (Living) Review

The UK energy regulator Ofgem (Office of the Gas and Electricity Markets) has published the first Smart Grid Evaluation Framework, to provide energy companies with a methodology for assessing the value of new smart grid solutions. The framework has been produced for The Smart Grids Forum , established by Ofgem and DECC (Department of Energy and Climate Change) in April 2011, to provide leadership to the power industry on the implementation of smart grids.

New Regulations Encourage More Sustainable Fishing In Turkey

Green Prophet

New regulations will restrict fishermen in Turkey from catching juvenile fish and using dragnets in shallow waters. While the new regulations are certainly an improvement over their predecessors, they still lag behind the regulations recommended by Greenpeace — and followed in other parts of the world. But environmentalists say the laws don’t go far enough. The new fishing season in Turkey will kick off in just a few days, on Sept.

Why Price Carbon—Can’t We Just Regulate It?

Sightline Daily

Most Americans—including most Republicans —want to regulate carbon pollution. Can’t we just regulate it?” Polls suggest some voters would actually prefer direct regulation. Regulating our way to a post-carbon world. You would give each agency authority to create new regulations or ramp up existing regulations to make sure it hit the pollution target you set for it. Maybe regulating our way is not the best way.

Count 'em, 20,000 green jobs (if the pipeline is operated according to regulations)

Environmental Economics

The State Department concluded last month that the project, Keystone XL, would cause minimal environmental impact if it was operated according to regulations, and the operator, TransCanada, has said the nearly 2,000-mile line would create 20,000 jobs in the United States. Environment economics classroom example of the day (I'm not even teaching the course, I do this only for you*): Is the [Keystone XL] pipe in the national interest?

Fool’s Gold Regulates Our World’s Oxygen Supply

Green Prophet

Although this affects the concentration of free oxygen, sulfur has traditionally been portrayed as a secondary factor in regulating atmospheric oxygen, with most of the heavy lifting done by carbon. The implication of these findings is that the sulfur cycle regulates the atmospheric concentration of oxygen more strongly than previously appreciated. Iron Pyrite or Fool’s Gold plays dominant role in the world’s sulfur cycle, new research shows.

Coal Ash Needs Regulation In United States

Eco Friendly Daily

There is no federal regulation of coal ash ponds in the United States, even though the Environmental Protection Agency lists heavy metals contained in the ash ponds as dangerous for human and environmental health. nearly designated coal ash as a hazardous waste, which would have required monitoring and regulation, but did not go through with the designation. said it would simply regulation the disposal of coal ash, but it has failed to do that as well.

How can fiberglass insulation help regulate heat loss

EcoFriend

How can fiberglass insulation help regulate heat loss. Ishani Chatterjee: Fiberglass insulation is an effective way of heating up the house. There is diversified reason for which insulation becomes important for the home. The chief functionality of insulation is to maintain a pleasant temperature inside the house. The temperature can be either cool or warm whichever make the inhabitant of the house feel more comfortable. Due to extreme weather conditions sometimes the house gets affected.