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OpenMarket: November 2018

  • The Montreal Protocol—Did it Really Make a Difference?

    November 9, 2018
    An executive summary of the latest scientific compendium on ozone depletion, the Scientific Assessment of Ozone Depletion: 2018 is now out. The report was released in conjunction with the major meeting of the parties to the Montreal Protocol on Substances That Deplete the Ozone Layer (Montreal Protocol), currently underway in Quito, Ecuador. 
  • Judge Blocks Keystone XL Pipeline

    November 9, 2018
    Montana federal judge Brian Morris ruled on November 8th that the State Department and TransCanada Corporation must discontinue all efforts to construct or operate the Keystone XL Pipeline until the Department has completed a supplement to its 2014 Supplemental Environmental Impact Statement (SEIS) that complies fully with the National Environmental Policy Act (NEPA) and Administrative Procedure Act (APA).
  • Happy 50th Anniversary to Reason

    November 9, 2018
    Congratulations to our friends at Reason magazine (and the Reason Foundation) on their golden anniversary. Some members of the Competitive Enterprise Institute team were recently out on the West Coast for the festivities, and returned refreshed and ready for another 50 years of free minds and free markets.
  • Lame Duck Session Should Undo Crippling Rules on Middle-Class Investors and Entrepreneurs

    November 9, 2018
    Next year, with Congress divided once again, bipartisan legislation will be the order of the day. Indeed for passage of both chambers, it will be virtually the only thing on the menu. The good news is Congress doesn’t have wait until next year to pass some bipartisan legislation that will benefit greatly America’s middle-class investors and entrepreneurs.
  • This Week in Ridiculous Regulations

    November 9, 2018
    The midterm elections finally happened. The good news is no more political ads for a while; the bad news is that a bunch of politicians won election or reelection.
  • What Do the Midterms Mean for Carbon Taxes?

    November 9, 2018
    Washington State’s Initiative 1631 to establish a “carbon emissions fee” went down in flames Tuesday with opponents outvoting supporters by 56 to 44 percent.
  • What Do the Midterms Mean for Big Tech?

    November 8, 2018
    For the big technology firms, the midterm elections were never going to change much.  Whatever the result, they were going to face more scrutiny over the next year. The only difference is in what sort of scrutiny. If anything, the split in control of the chambers presents the worst of both worlds.
  • Bureau of Consumer Financial Protection Needs to Rewrite Payday Loan Rule

    November 8, 2018
    Last week, I wrote a blog post on how the Bureau of Consumer Financial Protection could go about narrowly rewriting the payday loan rule. This would allow the rule to easily avoid being struck down by the courts under “arbitrary and capricious review,” while still significantly reshaping the law.
  • U.S. Officials Wary of United Nations Ozone Treaty Negotiations in Ecuador

    November 7, 2018

    The 30th meeting of the parties to the Montreal Protocol on Substances that Deplete the Ozone Layer (Montreal Protocol) is being held in Quito Ecuador through November 9th. This 1987 United Nations treaty banned a number of compounds widely used in refrigeration and air conditioning on the grounds that they leak into the air and contribute to depletion of the earth’s ozone layer.

  • Infrastructure in Divided Congress Must Include Regulatory, Permitting Reforms

    November 7, 2018

    Even before the results were in, the election-night talking heads were speculating on what, if anything, congressional Democrats and Republicans can agree on and get done. Several offered up infrastructure as one example. No doubt, a bipartisan 2019 infrastructure bill is entirely possible, but there are philosophical differences on how to go about it that need to be addressed before any real progress is made.

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