A Free-Market Energy Blog

Expanding 'Depletable' Resources: Solving a Paradox

By Robert Bradley Jr. -- May 9, 2012

The following was published at Econlib (Library of Economics and Liberty by Rob Bradley with the editorial help of David R. Henderson.

A website project of Liberty Fund, Econlib offers concise, online classical-liberal scholarship for “students, teachers, researchers, and aficionados of economic thought.”

Mineral resources, not synthetically producible in human time frames,1 are fixed in the earth. As each is mined, less supply remains, suggesting that cost and, thus, price must increase as production cumulates.

Yet, for virtually all minerals, the opposite seems to be true: As more is mined, more is discovered to be mined. Prices and costs do not inexorably rise. What was high-cost yesterday has become lower-cost, undercutting the perennial complaint that “the easy stuff has been found.” Overall, there seems to be little difference between minerals and general goods and services.

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Big Wind Subsidies: Time to Terminate?

By -- May 8, 2012

Ending industrial wind subsidies is a quadruple win: it fosters real jobs, promotes economic growth, protects endangered species, and elevates environmental values over image-making.

The public is coming to this view, not only energy realists. In the face of repeated efforts to extend (seemingly perpetual) wind energy subsidies by industry lobbyists, taxpayers and grass root environmentalists have said: ENOUGH.

Informed and inspired by a loose but growing national coalition of groups opposed to more giveaways with no scientifically proven net benefits, thousands of citizens called their senators and representatives – and rounded up enough Nay votes to run four different bills aground. For once, democracy worked.

A shocked American Wind Energy Association and its allies began even more aggressive recruiting of well-connected Democrat and Republican political operatives and cosponsors – and introducing more proposals like HR 3307 to extend the Production Tax Credit (PTC).…

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SIX WORDS for U.S. EPA

By Lance Brown -- May 7, 2012

As part of its effort to create dialogue with the American people on environmental issues, the U.S. Environmental Protection Agency (EPA) recently launched a project in conjunction with SMITH Magazine, Six Words for the Planet.

The project, officially housed at this site, invites all citizens of the world to submit a six-word essay describing their feelings about Earth.

“Healthier families, cleaner communities, stronger America,” writes EPA Administrator Lisa Jackson in her own offering. Other submissions from within EPA include the existential (“Many Nations. One Planet. Our Home.”) and haikuesque admonishment (“Breathe; A Moment in Nature. Breathe!”)

Catalyzing conversation about environmental topics is certainly not out of bounds like a lot of other things the agency has been doing–and caught doing. But most people have concerns that go beyond the (improving) environment.…

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'Cato University' 2012: Big-Picture Political Economy

By Robert Bradley Jr. -- May 4, 2012
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California Looks Harder at the 'Smart Grid' (CPUC's Division of Ratepayer Advocates new analysis)

By -- May 3, 2012
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The Conundrum – by David Owen (Jevons' "rebound effect" enters the New Yorker mainstream)

By Josiah Neeley -- May 2, 2012
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Alarmism or Not? Joe Romm and the 'Crying Wolf' Dilemma

By Robert Bradley Jr. -- May 1, 2012
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'Hard Facts: An Energy Primer' (New IER educational effort launched)

By Daniel Simmons -- April 30, 2012
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Progressive Energy vs. "Renewable" Energy

By -- April 27, 2012
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Strident Climate Alarmism: Zwick meets Gleick

By Robert Bradley Jr. -- April 26, 2012
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