Do U.S. EPA Regulations Actually Make Global Pollution Worse?

<h2>Exporting pollution, one factory at a time.<a href="http://www.professorhollybell.com/wp-content/uploads/2014/03/ID-10043521.jpg"><img class="alignright size-medium wp-image-2680" alt="pollution" src="http://www.professorhollybell.com/wp-content/uploads/2014/03/ID-10043521-200x300.jpg" width="200" height="300" /></a></h2> <p>The Heritage Foundation recently published an article on how climate regulations designed to put an end to coal fired electric plants will significantly harm U.S. manufacturing (<a href="http://www.heritage.org/research/reports/2014/03/epas-climate-regulations-will-harm-american-manufacturing">EPA's Climate Regulations Will Harm American Manufacturing</a>). This got me thinking, if EPA regulations drive manufacturing offshore, is it possible that by increasing environmental regulation in the U.S. and driving manufacturing to regions where little environmental regulation exists, is the EPA making global pollution worse overall?</p> <p>Another way to think about this is: Is there a regulatory "sweet spot" that is more likely to keep manufacturing in the U.S. while reducing overall global pollution? After all, pollution in China, for example, ultimately impacts the U.S.  (see <a href="http://www.nytimes.com/2014/01/21/world/asia/china-also-exports-pollution-to-western-us-study-finds.html?_r=0">here</a>).</p> <p>The short answer to the question is "maybe". In theory this would appear to be true, however, finding publicly available year-over-year raw

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U.S. Manufacturing Shows Signs of Growth

<div class="rpuEmbedCode"><!--rpuEmbedStart--> <script type="text/javascript" src="http://1.rp-api.com/rjs/repost-article.js?3"></script> <div class="rpuArticle rpuRepost-5649c6ac553ba8921ad7478be7018ffb-top rpuNoTitle" style="margin: 0; padding: 0;"><a class="rpuThumb" href="http://s.tt/18FB7"><img style="float: left; margin-right: 10px;" src="http://img.1.rp-api.com/thumb/1386559" alt="" /></a> <a class="rpuTitle" href="http://s.tt/18FB7"><strong>Oil surges on strong US manufacturing data</strong></a> (via <a class="rpuHost" href="http://s.tt/18FB7">AFP</a>) <p class="rpuSnip">World oil prices surged Monday after stronger-than-expected <i>manufacturing</i> data in the United States, the world's top crude oil consumer, offset weaker figures in Europe. John Kilduff at Again Capital noted that with the beginning of the second quarter trading Monday, "there will be new money coming…</p> </div> <!-- put the "tease", "jump" or "more" break here --> <a href="http://www.professorhollybell.com/2012/04/05/u-s-manufacturing-shows-signs-of-growth/#more-1282" class="more-link"><span aria-label="Continue reading U.S. Manufacturing Shows Signs of Growth">(more…)</span></a></div>

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National Consumer Protection Week: It’s Up to You (Sorry!)

<div class="rpuEmbedCode"><!--rpuEmbedStart--> <script type="text/javascript" src="http://1.rp-api.com/rjs/repost-article.js?3"></script> <div class="rpuArticle rpuRepost-fd0c3a5d0f83a4025e4f9ea02a152283-top rpuNoTitle" style="margin: 0; padding: 0;"><a rel="nofollow" class="rpuThumb" href="http://s.tt/16HoL"><img style="float: left; margin-right: 10px;" src="http://img.1.rp-api.com/thumb/1025066" alt="consumer"/></a> <a rel="nofollow" class="rpuTitle" href="http://s.tt/16HoL"><strong>National Consumer Protection Week: It’s Up to You (Sorry!)</strong></a> (via <a rel="nofollow" class="rpuHost" href="http://s.tt/16HoL">Credit.com</a>) <p class="rpuSnip">[Free Resource: Check your credit for free before applying for a credit card] This year, in particular, no one really wants a restrained <i>consumer</i>; and by no one I mean not your Occupy Wall Street-friendly local small business, nor the largest of American corporations, nor the government, nor the…</p> </div> <!-- put the "tease", "jump" or "more" break here --> <a href="http://www.professorhollybell.com/2012/03/12/national-consumer-protection-week-its-up-to-you-sorry/#more-1163" class="more-link"><span aria-label="Continue reading National Consumer Protection Week: It’s Up to You (Sorry!)">(more…)</span></a></div>

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Manufacturing Intelligence and National Security

<h2>The Risks of an Eroding Manufacturing Sector<a href="http://www.professorhollybell.com/wp-content/uploads/2012/02/1109013_93756205.jpg"><img class="alignleft size-medium wp-image-1007" title="1109013_93756205" src="http://www.professorhollybell.com/wp-content/uploads/2012/02/1109013_93756205-300x212.jpg" alt="" width="300" height="212" /></a></h2> <p>By Holly A. Bell</p> <p>When I wrote the article <a title="Manufacturing: America’s Next Industrial Evolution?" href="http://www.professorhollybell.com/2012/02/06/manufacturing-americas-next-industrial-evolution/"><em>Manufacturing: America’s Next Industrial Evolution?</em></a> the primary purpose was to consider how to compete in a global manufacturing environment. I briefly mentioned national security as one reason we should actively seek to bring manufacturing back to the US and promised a more detailed discussion in a future article. Whether you agree or disagree with the other arguments for and against bringing manufacturing back to the US, the case for national security remains quite compelling. Forget for a moment the need to create jobs for unskilled labor, human rights abuses in other countries, the natural evolution of our economy, the superior skill of US workers, and the ‘trade leads to peace’ arguments many people impart and others debate. All of these

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The Economic and Geo-Political Implications of China-Centric Globalization

<a href="http://www.professorhollybell.com/wp-content/uploads/2012/02/669501h16rcliy1.jpg"><img class="alignleft size-medium wp-image-678" title="669501h16rcliy1" src="http://www.professorhollybell.com/wp-content/uploads/2012/02/669501h16rcliy1-300x300.jpg" alt="" width="300" height="300" /></a>A slightly different perspective on an article I published last week entitled: <a title="Manufacturing: America’s Next Industrial Evolution?" href="http://www.professorhollybell.com/2012/02/06/manufacturing-americas-next-industrial-evolution/">Manufacturing: America's Next Industrial Evolution?</a> <h3>On globalization from Thomas Palley:</h3> [repostus hash=7d37db8850fe1a81c1fad8413e47bc43 title=The%20Economic%20and%20Geo-Political%20Implications%20of%20China-Centric%20Globalization host=American%20Think%20Tank short=15BAf] <h3><em>Image courtesy of Stuart Miles</em></h3>

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Manufacturing: America’s Next Industrial Evolution?

<h2><a href="http://www.professorhollybell.com/wp-content/uploads/2012/02/48518xmfkh8t0gp.jpg"><img class="alignright size-medium wp-image-579" title="48518xmfkh8t0gp" src="http://www.professorhollybell.com/wp-content/uploads/2012/02/48518xmfkh8t0gp-199x300.jpg" alt="manufacturing"width="199" height="300" /></a></h2> By Holly A. Bell While I understand and accept the arguments for why globalization is a positive thing—higher wages and a growing global middle-class, lower cost of goods, and more goods available through specialization and trade (just to name a few)—an increasingly globalized <u>manufacturing</u> sector gives me cause for concern about competitive advantage in the United States. <h2>Should manufacturing be the next era in our industrial evolution?</h2> Readers of this blog recognize I am a free-trade capitalist who believes in competition, but like most people who identify themselves as such, I’m not a cold-hearted snake. I recently read an excellent, yet disturbing, <a rel="nofollow" href="http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?pagewanted=7&_r=1" target="_blank">New York Times article</a> that discusses why Apple is so pleased with their decision to move manufacturing from the United States to China. Their reasons? Here’s a hint, they didn’t mention the cost of labor as you might expect,

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