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.
Government subsidies, overregulation and the consolidation has significantly altered the meat industry, makingit less competitive, loaded wiht paperwork, difficult for small ranchers to survive.
Terry Anderson, Gary Libecap
Where water markets are being allowed to work, prices reflect scarcity and trades provide incentives to conserve.
PERC Senior Fellow Randy Simmons and co-authors expand on the Bootleggers and Baptits theory of inefficient government regualtion by addding the political entrepeneur to the mix.
PERC Senior Fellow Bruce Yandle orginated the theory of Bootleggers and Baptists in the early 1980s. In essence, two different groups suppor the same, regulations, but benefit from different effects of the regulation. Has anything changed?
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.
In Montana, enviropreneurs like Chris Corbin are creating a water market by helping owners identify and vaule their water rights and sell them.
One of our nations greatest resources, its large western forests, is given over to the care of government. Polluted streams, destroyed homes, and wasted assets are the result, even though the responsibility was clearly in our realm. The solution is to allow the resource to be privately owned, not...
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.
Dominic Parker, Shawn Regan, Walter Thurman
PERC scholars compare the Conservation and Wetland Reserves, both federal programs, with two private land trusts,The Nature Conservancy and the Land Trust Alliance,to determine their influence on each other.