Promises that green energy will change almost everypart of our lives for the better is an enchanting idea, but it is also a myth.
A new drilling technology is opening up vast fields of previously out-of-reach oil in the western United States. This new drilling is expected to raise U.S. production by at least 20 percent over the next five years. And within 10 years, it could help reduce oil imports by more than half.
Regulations requiring greater fuel efficiency in cars create unintended consequences such as more driving and more energy use because of the car's fuel efficiency.
One fellow at PERC's 2011 Enviropreneur Institute explored ways to create incentives for oil companies to work with conservation organizations like TNC to plan their projects to avoid sensitive areas and minimize impacts.