All Posts Tagged With: "Corporate Average Fuel Economy"
Unintended Consequences in Energy Policy
On the first day of every economics class I teach I start with The Ten Pillars of Economic Wisdom. This is a list I have put together of the ten most important principles in economics. Pillar number six is, “Every action has unintended consequences; you can never do only one thing.” U.S. energy policy illustrates [...]
2Mar2009 | David R. Henderson | 11 comments | ContinuedGovernment-Mandated Fuel-Efficiency Standards
Government mistakes have long lives. In response to the energy crisis of the 1970s, Congress passed the Energy Policy and Conservation Act. This legislation had two major objectives: 1) Reduce our overall consumption of petroleum and 2) reduce our dependence on foreign oil (meaning OPEC). The means to accomplish this was CAFE, Corporate Average Fuel [...]
1Sep2006 | Michael Heberling | 3 comments | ContinuedThe Scapegoat Utility Vehicle
Sam Kazman is general counsel of the Competitive Enterprise Institute (www.cei.org), a Washington-based free-market advocacy organization. First sin, then treason, and finally, reckless idiocy. For owners of sports utility vehicles (SUVs), that pretty much sums up the last holiday season. They went into Thanksgiving under fire from the “What Would Jesus Drive?” campaign. Then the [...]
1Jul2003 | Sam Kazman | 0 comments | ContinuedThe Regulatory Conundrum
Doug Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books. When Robert Johnson, founder of Black Entertainment Television, wanted a $190,000 Ferrari 360 Spider, he went to a German dealer, since it would have taken two to three years to obtain one from [...]
1Jun2003 | Doug Bandow | 0 comments | ContinuedBad Logic Kills
A big part of mankind’s problem may be the simple failure to recognize a fallacious argument. The columnist Arianna Huffington recently criticized the Bush administration’s renewed intention to exploit the oil under the Arctic National Wildlife Refuge (ANWR). She proposed that instead of promoting oil drilling in Alaska, the administration should raise automobile mileage standards. [...]
1Aug2002 | Sheldon Richman | 0 comments | ContinuedUncle Sam’s False Fuel Economy
Doug Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books. A quarter century after the misguided policies of President Jimmy Carter and a Democratic Congress created an “energy crisis,” President George W. Bush and a Republican Congress risk wandering down the same foolish [...]
1Nov2001 | Doug Bandow | 0 comments | ContinuedHigh Gasoline Prices Are Your Fault?
Who should be blamed for the high oil and gasoline prices? OPEC? The oil companies? The government? According to the New York Times’s Floyd Norris, if you chose any of those you would be wrong. Writing on June 23, Mr. Norris places all the blame for the current “energy crisis,” as he calls it, squarely [...]
1Nov2000 | Roy Cordato | 0 comments | ContinuedWasting Energy on Energy Efficiency
Ben Lieberman is a policy analyst with the Competitive Enterprise Institute in Washington, D.C. Few aspects of our daily lives are more heavily regulated by the federal government than our use of energy. The cars and trucks we drive, the structures in which we live and work, and virtually every major appliance we use has [...]
1Apr1999 | Ben Lieberman | 3 comments | ContinuedDriving America: Your Car, Your Government, Your Choice
John Semmens is an economist with the Laissez-Faire Institute in Chandler, Arizona. Driving America is a well-reasoned brief on behalf of the automobile. The car is the travel option of choice because it offers a fast, comfortable, convenient, and affordable way of getting where one wants to go. Nevertheless, there are those who would sacrifice [...]
1Nov1998 | John Semmens | 0 comments | Continued-
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