U.S. households are saving hundreds of dollars a year because natural gas prices are low, but that’s about to change. A study by NERA Economic Consulting has found new regulations on power plants mandated by the Environmental Protection Agency’s Clean Power Plan (CPP) will increase natural gas prices to 2007 levels, virtually guaranteeing these savings will soon be wiped out.
Epstein points out the development and use of fossil fuels has benefitted the poor far more than the rich, making available to the person of average means, food, goods and services which even the rulers of old could hardly dream of. Fossil fuels grant freedom and free up time.
USA Today asked me to write a counterpoint to their editorial calling for the abolition of Fee-For-Service payment in health care. Their editorial is here, and my counter is here.
Unfortunately, USA Today did not show me the article I was responding to. Now that I have read it, I want to make a few other observations.
Contrary to predictions by all 73 of the world’s top climate models, global temperatures have failed to rise over the last 15 years.