Judge Posner on Incentives and the Clean Air Act

Michael Giberson What makes an old power plant new again? It is a complicated question, possibly deeply philosophic and suggestive of a zen koan. Perhaps the answer is that there is no answer. Unfortunately, that answer isn’t good enough for public policy. The Clean Air Act requires new generators to get permits, and even old … More Judge Posner on Incentives and the Clean Air ActMore Judge Posner on Incentives and the Clean Air Act

Mass. Governor Urges Time-of-Use Rates

Michael Giberson No shameless self-promotion involved in this posting, but in otherwise related electric rate news the Boston Globe reports that Massachusetts Governor Mitt Romney is favoring a proposal to implement time-of-use rates for residential customers in the state. According to the article, the plan would have a higher afternoon rate between 2 PM and … More Mass. Governor Urges Time-of-Use RatesMore Mass. Governor Urges Time-of-Use Rates