Day: February 26, 2007

Txu Going Private: Private Equity Buys Into Competitive Power Markets

February 26, 2007

Lynne Kiesling TXU is going private. KKR and other private investors will acquire TXU and take it private. This is fascinating. Note from the press release two important things: the focus on environmental attributes of the deal, and $400 million planned for “demand side management”: Planned Coal Units Reduced from Eleven to Three, Preventing 56 … More Txu Going Private: Private Equity Buys Into Competitive Power Markets … More Txu Going Private: Private Equity Buys Into Competitive Power Markets

Futurepundit on Co2 Emissions Reductions

February 26, 2007

Lynne Kiesling I’m late to the party, but check out this post from Randall Parker at FuturePundit about using nuclear and wind power to meet most of our electricity demand: Most drastically, we could halt all carbon dioxide emissions from electric generation (cutting out a third of US CO2 emissions) by switching to only non-fossil … More Futurepundit on Co2 Emissions Reductions … More Futurepundit on Co2 Emissions Reductions

Debunking Myths About Markets

February 26, 2007

Lynne Kiesling I frequently argue that markets provide the most effective institution for coordination of individual economic activity to improve well-being and create growth and prosperity. Market processes aggregate and transmit information among decentralized, distributed agents, enabling them to make decisions in their own individual interest while still (inadvertently) communicating information about their decisions (and … More Debunking Myths About Markets … More Debunking Myths About Markets