Lynne Kiesling From Technology Review today, news of new research from Penn State on liquid fuel from coal: Schobert and his colleagues make the fuel using refined coal oil, which is a byproduct of coke manufacture; the byproduct is mixed at an oil refinery with a product of crude oil called light cycle oil. This … More Coal-Powered Jets … More Coal-Powered Jets
Lynne Kiesling Phew, it felt good to write a post like that last one. You’ve probably noticed some self-censoring going on here at KP over the past couple of months. The reason for that is that I was doing some expert testimony analysis on a retail competition issue, and felt the need to hold back … More That Felt Good! … More That Felt Good!
Lynne Kiesling Periods of rising costs make it hard to be a market process supporter. Nowhere is this more true than in electric power, where a century of regulator-regulated co-dependency has created a culture of price control. Right now Maryland is the center of this debate, triggered by economic and political motives, including rising natural … More Evaluating Electricity “Deregulation” in a Period of Rising Fuel Costs … More Evaluating Electricity “Deregulation” in a Period of Rising Fuel Costs
Michael Giberson At EconLog, Arnold Kling challenges James Pinkerton’s push for reorganization of the federal government into five super-departments. Kling cites a former colleague of his as saying, “When they don’t know what to do, they re-org.” Kling writes: A re-organization like the [proposed] plan would create all sorts of uncertainty about where people fit … More Posner, Kling Cynical About Government Reorganizations … More Posner, Kling Cynical About Government Reorganizations