Beacon Power files for bankruptcy; Boulder CO contemplates municipalization of power assets; other energy stories of note

Michael Giberson Brief notes about other energy stories in the news. Flywheel energy storage company Beacon Power has filed for bankruptcy. News stories have highlighted the point that Beacon was a recipient of federal energy technology loan guarantees, which will give an additional boost to Solyndra critics, but I predict the apparent lack of high-level … More Beacon Power files for bankruptcy; Boulder CO contemplates municipalization of power assets; other energy stories of note

When price ceilings become price targets

Michael Giberson From the most recent American Law and Economics Review, “Retail Gasoline Price Ceilings and Regulatory Capture: Evidence from Canada.” The authors find statistical support for the conclusion that “the enactment of [price ceiling] regulation is correlated with a 1–1.2 cents per liter rise in self-service retail gasoline prices, controlling for all else.” They … More When price ceilings become price targets