In the Wall Street Journal, Gary Libecap and Robert Glennon discuss the West's outdated water laws. A policy overhaul, they argue, would allow efficient water markets and reward conservation.
Congress should not waste time debating a comprehensive climate change legislation in the coming year.
Roger Meiners, Andrew Morriss
Recent developments in domestic energy production have shifted the political debate about energy independence. Get the facts about energy independence.
Some of our most beautiful and amazing species of fish are at risk for extinction. Here’s how we can save them.
For more than two decades, special interests have persuaded Congress to mandate Americans buy ethanol whether they want to or not. As a result, 40 percent of the U.S. corn crop is now used for ethanol rather than food.
Originally appeared in Defining Ideas: A Hoover Institute Journal on February 9, 2011
Property rights and markets as solutions to resource and environmental problems.
Promises that green energy will change almost everypart of our lives for the better is an enchanting idea, but it is also a myth.
Terry Anderson, Gary Libecap
Where water markets are being allowed to work, prices reflect scarcity and trades provide incentives to conserve.
Property rights and the public trust doctrine in environmental protection and natural resource conservationGary Libecap
By Jedidiah Brewer and Gary D. Libecap