Frankel surveys the natural resource curse literature

Michael Giberson We’ve mentioned the “natural resource curse” a few times here.¬† Harvard’s Jeffrey Frankel provides a recent and thorough overview of the literature in “The Natural Resource Curse: A Survey” with a helpful focus on what policies resource rich companies can consider to mitigate the curse. Abstract: It is striking how often countries with … More Frankel surveys the natural resource curse literature

Wind power and natural gas-fired power and power market design

Michael Giberson The Wall Street Journal published a lengthy article by Russel Gold on the behind-the-scenes struggle over cost allocation and performance obligations between wind power producers and conventional generators. ¬†Tension over how variable resources participate in markets have been simmering for years, but wind power and other intermittent resources have been too small to … More Wind power and natural gas-fired power and power market design