
via Environmental and Urban Economics: What Should Campus Environmentalists Do All Day Long?.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
21 Sep 2014 Leave a comment
in environmental economics, environmentalism Tags: activists, do gooders, Doing well while doing good
20 Sep 2014 1 Comment
in environmentalism, health economics Tags: do gooders, environmental movement, killer green technologies, offsetting behaviour, recycling, reusable grocery bags, unintended consequences
Reusable grocery bags often carry raw meat and are stored for convenience in the trunk of cars that sit outside in the sun. Reusable grocery bags are friendly breeding environment for E. coli bacteria, which can cause severe illness and death.

The above figure shows the number of emergency room visits in San Francisco County related to E. coli for the 10 quarters before and after the reusable grocery bags enactment of the ordinance: zero on the horizontal axis is the date the ordinance went into effect. The shaded area around the line is a 95% statistical confidence interval. There is a discontinuous jump in the number of emergency room visits immediately after the reusable grocery bags ordinance was enacted.

San Francisco experiences about 12 deaths per year from intestinal infections, and that the restrictions on plastic bags probably let to another 5-6 deaths per year in that city and several dozen additional hospitalisations.
13 Sep 2014 Leave a comment

12 Sep 2014 Leave a comment
in environmental economics, environmentalism Tags: green hypocrisy, killer green technologies, solar power, wind farms

Exxon Mobil agreed to pay $600,000 in penalties after 85 migratory birds died of exposure to hydrocarbons at its natural gas facilities.
A common sight above the world’s largest solar thermal power plant is a streamer: a small plume of smoke that occurs without warning. The source is a bird that has inadvertently strayed into the white-hot heat above the plant’s many reflecting mirrors. No fines for the 28,000 birds killed in this way.

More than 573,000 birds are killed by U.S. wind farms each year. No fine.
the Obama administration issued an exemption in 2013 to allow wind power companies to kill or injure eagles without the fear of prosecution for up to three decades. The new rule is designed to address environmental consequences that stand in the way of the nation’s wind energy rush.
08 Sep 2014 Leave a comment
in economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, global warming Tags: Bjørn Lomborg, expressive voting, futile gestures, global warming, Kip Viscusi, nanny state, regulatory failure, The fatal conceit, The pretence to knowledge

A study by Ted Gayer and W. Kip Viscusi looked into this implied irrationality of consumers. They have found no empirical evidence to support the view that if consumers are so irrational that government agencies must prohibit certain energy consuming products for us to make the right choices:
Rather than accept the implications that consumers and firms are acting so starkly against their economic interest, a more plausible explanation is that there is something incorrect in the assumptions being made in the regulatory impact analyses.
Indeed, upon closer inspection it is apparent that there is no empirical evidence provided for the types of consumer failures alleged.
Even the EPA acknowledged this logical gap in its economic analysis of energy efficiency regulations:
it is a conundrum from an economic perspective that these large fuel savings have not been provided by automakers and purchased by consumers
Not surprisingly Kip Viscusi observed that
The regulatory impact analyses examined in this study contain virtually no empirical evidence to support the irrationality proposition.
• This proposition ignores the fact that consumers and firms purchase products based on a number of factors—only one of which is energy efficiency.
• Government agencies exhibit a parochial bias by ignoring all product attributes other than energy efficiency.
07 Sep 2014 Leave a comment
in environmentalism Tags: cats, global warming, kittens, scare tactics
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