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ouchiguy13

Switzerland Bans Sales Of Some VW Diesels : The Two-Way : NPR - 2 views

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    Switzerland Considers Banning Volkswagen Diesel Car Sales Because there the scandal relating to the Volkswagen's pollution in diesel engines, Thomas Rohrbach, spokesman for the Swiss federal office of roadways decides he should ban all cars with diesel engine in the "Euro 5 emission category" including all VW cars. This could affect  180,000 unsold cars in the country
erinmoran

Marco Rubio's Sweet Protectionism - 0 views

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    This article discusses the sugar market in the U.S. On average, U.S. consumers pay twice as much for refined sugar as the rest of the world. This is largely due to sugar policies in the United States. In America, the federal government offers loans to sugar cane and beet processors who are to pay sugar growers a minimum price set by the USDA. The idea is that processors will obtain a market price for their sugar that is sufficient to pay back the loans. However, the loans are "non-recourse," meaning that if the market price of sugar declines, processors can forfeit to the USDA the sugar they put up as collateral. In order to prevent sugar processors from offloading sugar onto the USDA and to protect processors from lower-cost foreign competition, the federal government has imposed a two tier system of tariff rate quotas. It also restricts the total amount of sugar that domestic processors can sell by setting market allotments which are designed to drive up the price by creating artificial scarcity.
svikene

New study highlights environmental, economic shortcomings of federal biofuel laws: Econ... - 1 views

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    Market failure in the fuel market led to government intervention, in order to decrease the consumption of fossil fuels. The marginal social benefit would hopefully be reached by this, but the government intervention did not go as planned. Supporting certain biofuel producers caused a decrease in production of other biofuels, resulting in little change in the fuel market after all.
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