Demand Response in the Recent East Coast Heat Wave

Lynne Kiesling It was pretty hot on the East Coast a couple of weeks ago, wasn’t it? The kind of heat that drives up the use of air conditioning and creates electricity demand spikes near system capacity, threatening service reliability. But there were no blackouts, no brownouts … what gives? Price signals and demand response, … More Demand Response in the Recent East Coast Heat WaveMore Demand Response in the Recent East Coast Heat Wave

Would Perfectly Internalizing Motor Vehicle Externalities Make the Economy Less Efficient?

Michael Giberson Would perfectly internalizing motor vehicle externalities make the economy less efficient? Jerry Taylor and Peter Van Doren of the Cato Institute make that claim in a paper advocating the repeal of federal and state gasoline taxes. The paper has picked up a couple of high profile econoblogging mentions – from Tyler Cowen, Greg … More Would Perfectly Internalizing Motor Vehicle Externalities Make the Economy Less Efficient?More Would Perfectly Internalizing Motor Vehicle Externalities Make the Economy Less Efficient?