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Keystone XL, energy policy and the job-creation shuffle

Severin Borenstein, professor of business | February 18, 2015

Renewable energy proponents and advocates of the Keystone pipeline finally agree on something: that the right way to count “job creation” is to focus narrowly on the jobs in the industry they want to boost and ignore the overall impact on employment.  Unfortunately, researchers who actually study employment are not on board. The “green jobs” … Continue reading »

The (mostly happy) effects of falling oil prices

Dan Farber, professor of law | January 5, 2015

The rapid fall in oil prices seems to have taken everyone by surprise. I’ve noted before that it puts the viability of the Keystone XL project in doubt.  But its other effects are worth considering. Overall, the fall in prices should have a beneficial effect on the U.S. economy. Since gasoline is cheaper, people can … Continue reading »

Does the Keystone XL pipeline matter?

Dan Farber, professor of law | April 16, 2014

Many people who have studied the issue tell me that the Keystone XL issue is mostly symbolic, because the Alberta oil sands are going to be used one way or another.  But I’m having some second thoughts because of arguments made (here) by Berkeley economist Max Aufhammer. He’s a pretty hard-headed analyst, not given to flights … Continue reading »

Not building Keystone XL will likely leave a billion barrels of bitumen in the ground

Maximilian Auffhammer, professor, international sustainable development | March 25, 2014

I am not a fan of blanket statements. Whenever oil sands come up in casual conversation, many of my economist friends argue that “the stuff will come out of the ground whether we like it or not”. When the discussion turns to Keystone XL, the general attitude is that “it simply doesn’t matter. The Canadians … Continue reading »

Keystone nation: Mapping the politics of the pipeline

Dan Farber, professor of law | February 6, 2014

Looking at three maps sheds some interesting light on the the politics of the Keystone XL pipeline. The pipeline’s geography resonates in an interesting way with political and demographic geography. We can start with two maps that show the proposed route (on the left) and the dates in which counties reached their peak populations. You … Continue reading »

Ten energy stories to watch in 2014

Steven Weissman, associate director, Center for Law, Energy and the Environment | January 10, 2014

In our energy law classes at Cal, we like to start the day by talking about Energy in the News. The media never fails us. Every day, there are multiple energy-related stories of significance touching on resource development, new technologies, policy shifts, jobs, regional politics, prices, international relations, or the environment. Once you start looking … Continue reading »

The debt ceiling and the environment

Dan Farber, professor of law | October 8, 2013

It slipped under the radar screen due to all the furor over the impending government shutdown, but the NY Times ran an important article two weeks ago about the debt ceiling.  The Republican plan is apparently to condition their agreement to raise the debt ceiling and save the country from default on a massive regulatory rollback. This … Continue reading »

What’s Keystone XL got to do with it?

Severin Borenstein, professor of business | February 5, 2013

Let’s face it. The opposition to the Keystone XL pipeline isn’t about dirty oil. It’s about oil. James Hansen and the other leading opponents focus on the greenhouse gases is that will be released when all of the oil in the Canadian tar sands (Canada’s relabeling as “oil sands” just hasn’t stuck with me) is … Continue reading »