Turmoil In The British Electricity Industry

Here and here are a couple of articles, from different perspectives, analyzing the decline in profitability in the British electricity industry over the past year. The past year has seen both a regulatory change in Britain and a decline in electricity prices, and several companies are not faring well in this economic environment. The credit … More Turmoil In The British Electricity IndustryMore Turmoil In The British Electricity Industry

Co2 Emissions Trading, The Coase Theorem, And Creating New Markets

In many ways the jury is still out on the science of climate change, from clouds to carbon sinks to the magnitude and geographic incidence of likely effects. Notwithstanding those uncertainties, the political reality is that controlling greenhouse gases is getting more and more attention, and the possibility of government regulation at several levels looms. … More Co2 Emissions Trading, The Coase Theorem, And Creating New MarketsMore Co2 Emissions Trading, The Coase Theorem, And Creating New Markets