This paper examines the likely impact of developing U.S. energy resources on oil prices. In addition, we examine the benefits and costs of allowing drilling in the Arctic National Wildlife Refuge and the areas of the Outer Continental Shelf that were until recently closed to drilling. We find...

Carbon taxes are not likely to be politically feasible in the U.S. for addressing climate change in the short term, according to Robert Hahn and Peter Passell. The time is now ripe for the U.S. to consider adopting a cap and trade approach to reducing greenhouse gas emissions.

The subprime crisis makes clear that more financial regulation is both called for and coming; however, unless we are careful we may cause more trouble than we avoid, according to Robert Hahn and Peter Passell.

Washington's efforts at limiting the fallout from the subprime mortgage mess generally deserve poor marks. But the Federal Reserve's proposed regulation of these mortgages is a step in the right direction.

Barack Obama and John McCain have staked out very different positions on serious questions involving economic regulation - everything from housing finance to alternative energy mandates - but practical considerations will dissolve many of these differences, according to Robert Hahn and Peter...

Robert Hahn and Peter Passell ponder the current financial situation.

The European Commission is still after Microsoft, but the competition has gotten there first according to Robert Hahn and Peter Passell.