Michael Giberson Matthew Wald at the New York Times Green blog reports on the Bonneville Power Administration’s problem of having too much water and wind power at the same time. For about 5 days in early June, storms producing wind and rainwater led to a lot of wind power and too much water in the … More Too much dam water?
Michael Giberson Tom Konrad examines the question, “Will PACE financing damage the mortgage market? PACE is “Property Assessed Clean Energy” financing, a financing mechanism through which cities sell bonds and then loan the proceeds to property owners to improve building energy efficiency. As noted here previously, I’m not opposed to the PACE approach to investments … More Will PACE financing damage the mortgage market?
Michael Giberson From Michael Hiltzik, in the Los Angeles Times, “The false promise of Hoover Dam.” Hiltzik provides a good summary of the political promises and pretenses that allowed the dam to be built in the first place. He then examines the competing demands for the current and future use of the dam. I liked … More On Hoover Dam
Michael Giberson From Aaron Smith, econoblogging at the Christian Science Monitor, speaking of government intervention into the economy and capping “excessive” salaries in particular. (Note that the first sentence is explicating typical arguments made by other folks, not Smith’s own view. The very good sentence is the one that follows.): The money saved from capping … More A very good sentence