Macquarie, an Australian investment bank, is poised to profit heavily off Texas’s briefly surging energy prices during the snowstorm. The Biden infrastructure program could be its next conquest.
Infrastructure, Housing & Transportation
Posted inEnergy and the Environment
Freezing Texans: The Larger Lessons
The culprit is deregulation—not just in Texas and not just in electricity.
Posted inCoronavirus
Federal Mask Mandate Is No Defense Against Hostile Riders
The mandate gives transit, passenger rail, and airline employees new levels of authority. But enforcement remains a major challenge for anyone dealing with screaming, punching, or worse.
Posted inFirst 100
First 100: Reopening All Schools Requires Public Investment in the Poorest
Plus, CARES Act tax breaks to opioid manufacturers.
Posted inEnergy and the Environment
The National-Security Case for Decarbonization
Getting off fossil fuels will save a fortune in averted military misadventures.
Posted inHousing
A Tale of Two Developments: Affordable Housing or Subsidized Ultra-Luxury?
The impending collapse of the grotesque Hudson Yards development in Manhattan could be an opportunity for affordable housing.
Posted inEnergy and the Environment
The Long and Winding Road to Replacing the Gas Tax
Can Transportation Secretary Pete Buttigieg convince Congress that road user fees are the next big revenue thing?
Posted inEnergy and the Environment
The World Wants the U.S. to Get Serious on Climate
Trump slowed, but did not stop, America’s grappling with the climate crisis. Under Biden, can the nation catch up with the rest of the developed world?
Posted inCoronavirus
Why COVID-19 Has Run Amok in Los Angeles
The jam-packed living arrangements of frontline workers in an unaffordable housing market are partly to blame.
Posted inEconomic Policy
The Biden Recovery Plan and the Disarray of Economic Theory
The pandemic had one good effect. It sidelined a lot of bad economic thinking.