Economic Efficiency | Peter Van Doren | Cato Institute: Commentary

Economic Efficiency | Peter Van Doren | Cato Institute: Commentary: "Recent estimates by economists suggest that electricity prices would have to increase by 1.4 cents per kilowatt hour from their current 9.1 cents per kilowatt hour to account for environmental damages. That's not enough to make it economically worthwhile to buy many of the energy-efficient appliances and lights bulbs adored by the would-be regulators."