June 13, 2002

Off to my sister-in-law’s graduate school graduation from Stanford; have a great weekend! LK

This morning the Environmental Protection Agency released its report on new source review (NSR). NSR is a feature of Title 1 of the Clean Air Act, under which new power plants or refineries would have to meet more stringent abatement technology standards. Under interpretations of the Clean Air Act (that may have gotten stricter over …

The Epa Announces New Source Review Recommendations Read More »

California politicians, and others who want a clear, black-and-white, well-controlled, orderly world for electricity markets, are not going to like this. Federal Energy Regulatory Commission Pat Wood pointed out today that some wash trades might be legitimate. Electricity generators operate with pretty stringent delivery commitments because of the nature of electricity — it can’t be …

Don’t Let Complex Reality Interfere With What I Want Read More »