markets
-
Stand up for rural America while you still can
The assault on rural America continues unabated. For the past six months dairy farmers across the country have suffered a historic drop in milk prices while operating costs remain high. Since December 2008, the price that farmers are paid for the milk they produce has plunged over 50 percent, the largest single drop since the […]
-
Goldman Sachs: Oil’s going to $85 by year end
Oil hit $67 a barrel yesterday, driven by the perception the global economy may have hit bottom, among other factors: Much of oil’s rally this year has tracked stock market gains as investors look to equity markets for signs of economic recovery, while a weaker dollar can boost the appeal of oil and other commodities […]
-
Moving beyond vintage-differentiated regulation
A common feature of many environmental policies in the United States is vintage-differentiated regulation (VDR), under which standards for regulated units are fixed in terms of the units’ respective dates of entry, with later vintages facing more stringent regulation. In the most common application, often referred to as “grandfathering,” units produced prior to a specific […]