Raising MPG standards, part 2: Morris well explains the relative advantages of raising the gasoline tax

Michael Giberson At the Freakonomics blog, transportation scholar Eric Morris favors President Obama’s recent deal to dramatically raise CAFE standards (Corporate Automobile Fuel Economy standards) by 2025. A gasoline tax would be far superior public policy, he said, but it won’t work politically. Because he thinks CAFE standards do work, technically and politically, he said we should go with … More Raising MPG standards, part 2: Morris well explains the relative advantages of raising the gasoline tax

Raising MPG standards, part 1: Morris is not persuasive in his claim that CAFE works

Michael Giberson At the Freakonomics blog, transportation scholar Eric Morris favors President Obama’s recent deal to dramatically raise CAFE standards (Corporate Automobile Fuel Economy standards) by 2025. A gasoline tax would be far superior public policy, he said, but it won’t work politically. Because he thinks CAFE standards do work, technically and politically, he said … More Raising MPG standards, part 1: Morris is not persuasive in his claim that CAFE works

Google, Motorola, and the effects of vertical integration

Lynne Kiesling Yesterday Google announced its purchase of Motorola Mobility, the device manufacturing half of the former Motorola. Today’s Wall Street Journal has a front page full of stories about this move, including “Bid Comes Amid Tougher Scrutiny” (You know how to read this even though it’s subscriber-only, right? Do a search at a news … More Google, Motorola, and the effects of vertical integration

Lomborg and Haab on light bulbs and technology

Lynne Kiesling Thanks to Tim Haab for pointing us to this excellent observation from Bjorn Lomborg about innovation, regulation, and environmental quality: Real reductions in carbon emissions will occur only when better technology makes it worthwhile for individuals and businesses to change their behavior. CFLs and other advances can take us part of the way, … More Lomborg and Haab on light bulbs and technology

Cleantech opportunity: clean water for fracking

Lynne Kiesling One of the most beautiful aspects of market processes is how individuals create and take advantage of new profit and growth opportunities by creating value for others. Here’s a case in point that will resonate with many of you, given the outstanding diligence and insight of Mike’s fracking analyses here: clean water for … More Cleantech opportunity: clean water for fracking

Devon Energy’s bet on Barnett Shale, made 10 years ago, has paid off

Michael Giberson Yesterday, August 14, 2011, was the ten-year anniversary of the announcement by Oklahoma City-based Devon Energy of its intention to acquire Houston-based Mitchell Energy and Development for $3.5 billion. The prime target of interest lay about halfway between the two company headquarters, in the Barnett Shale surrounding Fort Worth, Texas. Mitchell had figured … More Devon Energy’s bet on Barnett Shale, made 10 years ago, has paid off

Power consumption reaches new peaks in Texas, ERCOT narrowly avoids rolling blackouts

Michael Giberson Much in the news in Texas these past few weeks have been new peak power records and several grid emergency conditions which saw the ERCOT power system narrowly avoid rolling blackout a time or two. Tom Fowler of the Houston Chronicle‘s Fuel Fix blog has been tracking the story closely, see selected links … More Power consumption reaches new peaks in Texas, ERCOT narrowly avoids rolling blackouts

EPA to power industry: Don’t worry about reliability, we can grant waivers

Michael Giberson Even an article in the New York Times is characterizing the spate of EPA regulations, recently issued or coming shortly, affecting the electric power industry as a “cascade.” Regional power grid operators have been reviewing their reliability projections and becoming alarmed. Here’s Matthew Wald in the Times: WASHINGTON — As 58 million people … More EPA to power industry: Don’t worry about reliability, we can grant waivers