Making the Most of Spain’s Feed-in Tariff for Solar Power

Michael Giberson Bloomberg reports on fraud via Spain’s subsidized feed in tariff rate for solar power: Preliminary evidence shows some solar stations may have run diesel-burning generators and sold the output as solar power, which earns several times more than electricity from fossil fuels, El Mundo said, citing unidentified people from the energy industry. The … More Making the Most of Spain’s Feed-in Tariff for Solar Power

Anticipa-a-tion … and More Music Recs

Lynne Kiesling I’m overly eager for the new album from The National, so much so that when I looked at the release date I paid attention to the day and not the month. Doh! So now I have to wait until MAY 11, grrrr. Two other great bands, LCD Soundsystem and Band of Horses, have … More Anticipa-a-tion … and More Music Recs

Will the Cftc Allow the Newly Approved Box Office Futures Exchange to Actually Offer Box Office Futures Contracts?

Michael Giberson As just noted, the CFTC has approved Media Derivatives request to establish Trend Exchange, a box office futures exchange.  At Midas Oracle, Chris Masse reacts to the news by drawing attention to remarks by CFTC commissioners suggesting that it may be difficult for Trend Exchange to gain the subsequent CFTC approvals needed for … More Will the Cftc Allow the Newly Approved Box Office Futures Exchange to Actually Offer Box Office Futures Contracts?

CFTC Approves Box Office Futures Market

Michael Giberson Today the CFTC approved Media Derivatives Inc.’s request to create a futures exchange based on box office receipts.  The exchange “is primarily focused on the development of a variety of products to benefit the entertainment industry with one if its initially proposed products being designed to help mitigate risk and enhance the successful … More CFTC Approves Box Office Futures Market

Libertarian Paternalism Series at Cato Unbound

Lynne Kiesling I’ve been meaning to write about the libertarian paternalism series at Cato Unbound for a week or so, but have been too busy to pull it off. Happily, Ilya Somin has a good post that touches on a couple of the themes I wanted to raise (and I second his recommendation to read … More Libertarian Paternalism Series at Cato Unbound

Technology + Dynamic Pricing Conserves Water Too (duh)

Lynne Kiesling I love this story; it’s like Knowledge Problem + Aguanomics = individual choice, efficiency, conservation, and elegance. Water conservation is a large and growing concern, in large part because our public policy does such an abominable job of creating a framework/market design to send good scarcity signals to diverse individual users, and to … More Technology + Dynamic Pricing Conserves Water Too (duh)

New Music Recommendation: The National-high Violet

Lynne Kiesling It’s been too long since we’ve done any decent music recs here at KP, and last Sunday’s release of The National’s new album High Violet is a good reason to do one now. I’ve heard a couple of songs from it, including “Bloodbuzz Ohio” that they are offering as a free download, and … More New Music Recommendation: The National-high Violet

Tim Harford Asks About Inclining Block Rates …

Lynne Kiesling … he just doesn’t realize it, or doesn’t know that it’s an established regulatory concept. Recently in his Undercover Economist blog, Tim Harford picked up on an idea floated by another FT columnist: … we need tariff schemes that encourage conservation. One option is “reverse pricing”, a simple framework that would increase the … More Tim Harford Asks About Inclining Block Rates …

Levitt and Becker on Health Care

Lynne Kiesling I noticed recently that Steve Levitt opined briefly on the health care bill in ways that are consistent with my earlier argument that unless Congress tackled the third-party payer problem head on they would be wasting our time and money. In his Freakonomics post, Levitt recommends Gary Becker’s analysis to us: In Becker’s … More Levitt and Becker on Health Care

Grid-connected Energy Storage Taking off

Michael Giberson Yesterday’s announcement by General Compression, Inc. and ConocoPhillips that the companies would cooperate in developing compressed air energy storage systems (CAES) in Texas is yet another indication that grid-connected energy storage is beginning to take-off. For more background on CAES see the recent article by Alexis Madrigal in WIRED, “Bottled wind could be … More Grid-connected Energy Storage Taking off