Mark J. Perry
[i]Mark J. Perry is a professor of economics and finance in the School of Management at the University of Michigan–Flint. He holds two graduate degrees in economics from Virginia’s George Mason University and a Masters of Business Administration from the University of Minnesota. Readers may write him at 2111 Riverfront, Flint, MI 48502.[/i]
Most Recent Articles by Mark J. Perry:
Trump should dump EPA’s onerous MPG mandate
Dec 18, 2016 — Mark J. Perry
FLINT, Michigan — One of the boldest chapters in American policymaking is about to begin. It appears that the Trump administration is going to roll back President Obama’s energy and environmental agenda.
One of the first measures likely to go is Obama’s lofty fuel economy standards that call for 54.5 miles per gallon for new cars built in 2025.
Wind is an even bigger boondoggle than ethanol
Oct 24, 2016 — Mark J. Perry
FLINT, Michigan—Before we become too hopeful about the prospects of using offshore wind power as a fuel source of the future, let’s not forget that government data shows that offshore wind power cannot survive in a competitive environment without huge taxpayer subsidies.
Today wind power receives subsidies greater than any other form of energy per unit of actual energy produced.
Sen. Lamar Alexander (R-TN), a key member of the Senate Appropriations Committee, says that public subsidies for wind on a per megawatt-hour basis are 26 times those for fossil fuels and 16 times those for nuclear power.
Nuclear power is our safest, most efficient energy form
Feb 1, 2016 — Mark J. Perry
FLINT, Michigan—Despite competition from cheap natural gas and taxpayer-subsidized wind and solar energy, nuclear power has no equal.
Among sources of electric-power generation, it dominates the production of carbon-free power, and is likely to do so well into the future.
EPA’s new regs will cost U.S. about 1.4 million new jobs annually; hammer auto, oil sectors
Sep 10, 2015 — Mark J. Perry
FLINT, Michigan—In recent months, the Environmental Protection Agency has proposed a laundry list of mandates designed to implement President Barack Obama’s “climate action plan.”
Market-driven clean energy trumps ham-handed EPA rules
Nov 7, 2014 — Mark J. Perry
FLINT, Michigan—Is there any doubt there are already simply too many environmental regulations?
A recent government report found that the total regulatory costs in the United States amount to almost $2 trillion annually, twice as much as all individual income taxes collected each year.
EPA’s draconian mileage rule hobbles economy, strait-jackets consumer choice
Feb 28, 2014 — Mark J. Perry
FLINT, Michigan — At a time when many people have put off buying a new-model car until the economy improves, the last thing we need is a stringent government regulation on fuel efficiency that will raise the cost of vehicles and make matters even more difficult for consumers.
RFS subsidies unneeded as sales of cleaner diesel and gas vehicles surge
Oct 25, 2013 — Mark J. Perry
FLINT, Michigan — How did we reach the point where the government is promoting a dreadful fuel that gets worse fuel economy than gasoline or diesel, drives up food prices, damages car engines and has unintended environmental consequences?
Misguided carbon-tax proposal will hobble our already sluggish economy
Aug 17, 2012 — Mark J. Perry
FLINT, Mi. — Even if a carbon-tax could significantly reduce greenhouse-gas emissions, should it be implemented if it would undermine the economic recovery and stall short-term growth?
Huge subsidies give American taxpayers high-voltage shocks
May 24, 2012 — Mark J. Perry
FLINT, MI. —It’s tempting to call the shameful taxpayer subsidy for electric cars — vehicles that are unaffordable for all but a small, elite number of wealthy Americans — this nation’s costly little secret.
Obama’s misguided strategy is costing millions of jobs and sabotaging an economic recovery
Jan 12, 2012 — Mark J. Perry
FLINT, Mi. —Kicking the can down the road, as President Obama did in delaying a decision on construction of the Keystone XL oil pipeline from Canada to Texas, certainly pleased the green lobby. But it did absolutely nothing for jobs creation. Nor did blocking access to new federal offshore areas for oil and natural gas drilling produce any jobs.
Pipe (Line) Dreams
Sep 16, 2011 — Mark J. Perry
FLINT, Mi — While European and Asian countries have become increasingly dependent on oil imported long distances from politically-volatile regions of the world, the United States has its own supplier right next door in Canada.
Big Oil is an easy scapegoat, but it has little to do with pump prices
Jun 13, 2011 — Mark J. Perry
FLINT, Michigan — Every time the price of gasoline shoots up, the U.S. finds itself in the same plight, yet we never learn from it. Before we make the mistake of blaming oil companies for high prices, we should consider who the real culprits are.
EPA’s pending new restrictions on carbon emissions side-step Congress and hamper the nation’s econom
Dec 20, 2010 — Mark J. Perry
FLINT, Michigan — Our nation is in a high stakes race with China to develop clean energy technologies but we are falling behind. It may be hard to remember now, but we surprised the world years ago by overtaking Russia in the space race, and we can surpass China now if we make some small but important changes in government energy policy.
Funding electrics is a battery-dead idea
Jul 27, 2010 — Mark J. Perry
WASHINGTON, D.C. — In the current hype about electric vehicles, too little attention has been paid to the checkered history of subsidizing alternative energy technologies.