July 2002

The Well-beaten Dead Horse in California

Yesterday the General Accounting Office released a report on the causes of the wholesale electricity price increases in California August-October 2000. U.S. Representatives Inslee and DeFazio requested the study, which had two objectives: determining whether or not wholesale sellers actually exercised market power to raise price above marginal cost, and determining if the design of …

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Speaking of Tradeoffs

Today’s LA Times has an article on a controversy over Medicine Lake, which is in a geothermally active area in northern California. Calpine is looking into constructing some geothermal generation plants, but local Native Americans worry that this use of the lake will sap it of its cleansing properties and traditional spiritual energy. It will …

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Unearthed Python

What a fantastic start to my day! The BBC reports that three previously unperformed Monty Python sketches will be performed at the Edinburgh Fringe Festival this fall by Sketch Club. Now if I can just find a good reason to go … although I agree with the article’s author, who calls the troupe’s task in …

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