Lynne Kiesling As I’ve mentioned here before, I update the blogroll with a lag; I tend to read a lot of things through my RSS aggregator, and then put them here so I can access them without opening Bloglines. Two new links here, but sites I read regularly, are Mark Thoma’s Economist’s View and The …
Lynne Kiesling Jonathan Adler has summary post at Volokh Conspiracy that provides a lot of useful links to articles and analyses of yesterday’s Supreme Court oral arguments in Massachusetts vs. EPA. This Washington Post article gives an overview of the case and the arguments: Twelve states, led by Massachusetts and joined by the District of …
Lynne Kiesling Today’s Chicago Tribune has a commentary from Michael Peevey, Chairman of the California Public Utilities Commission. Based on his experience in California since 2000, he cautions the Illinois legislature against continuing the retail rate freeze that has been in place for a decade, during a period of rising fuel costs. To placate suspicious …
CA PUC Chairman Peevey to Illinois: Don’t Continue the Rate Freeze Read More »
In April the Illinois legislature passed legislation (and in June Governor Blagojevich signed it) requiring electric utilities to consider and evaluate the use of dynamic pricing to enable customer demand response. This legislation also directed the Illinois Commerce Commission to use benefit-cost analysis to evaluate whether such pricing and metering would lead to net benefits. …
Residential Real-time Pricing in Illinois in 2007 and Beyond Read More »
Michael Giberson Falling gasoline prices in the few months before the recent U.S. election led some observers to conclude that the oil industry (or possibly the Bush administration) was cutting prices in an effort to manipulate election results. I’m skeptical, but now a pair of economists have done some related analysis and found some support …
Gasoline Price Manipulation for Political Gains? Read More »
Michael Giberson It is a delicate situation, trying to serve the power needs of some of the nation’s most powerful and well-connected people, but that’s the job that Dominion Power has in serving load in the Northern Virginia suburbs of Washington, DC, and surrounding areas. Population is growing in Northern Virginia, as is the size …
Powerful Opportunity for Demand Response in Northern Virginia Read More »
Michael Giberson CERA analyst Peter M. Jackson tackles “peak oil” theories. Jackson said: Oil is too critical to the global economy to allow fear to replace careful analysis about the very real challenges with delivering liquid fuels to meet the needs of growing economies. This is a very important debate, and as such it deserves …
Lynne Kiesling While I hate to disagree with my esteemed colleague’s assessment of David Cay Johnston’s electricity restructuring article from the New York Times, I do disagree. Yes, it’s better than the first one, but the first one was a confused muddle of too many angles on a very complicated set of issues. This one …
A Better NYT Article on Electricity Restructuring, But Still Not A Good One Read More »
Michael Giberson New York Times reporter David Cay Johnston is back with another article on electric power restructuring, and — surprise — it is not awful. Unlike the confused mess of an explanation he offered in the first article of the series in October, this one is coherent. We are warned about the “dangers” of …
Lynne Kiesling My previous post on government spending on the London Olympics reminded me that Adam Smith’s Wealth of Nations has a passage in which he argues for public spending on “public diversions” as a protection against the perils of faction. In particular, Smith was worried about the potentially corrosive effects on general public morality …
Adam Smith on Government Spending on Public Spectacles Read More »
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