The international climate change bandwagon has yet to offer a plan for battling emissions anywhere close to as good as the U.S.’s strategy of unleashing market forces to control emissions and investing in clean-energy technologies, with a focus on long-term emissions control, as opposed to unrealistic short-term strategies. If the goal is to curb emissions over the long-term, then countries should follow the example of the U.S. in letting competition and the free market lead the way to success.
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...