Many thanks to Robert Musil for posting a link to this paper by Susan Pope on electricity price spikes and California. I’ve not looked over it in much detail, as I’m blogging from a Kinko’s and in between sessions at the AEA, but it looks clear, wonderful, and correct. So Davis et al are deeply unlikely to pay a lick of attention to it.
And thanks to Robert Musil for calling me both astute and babelicous. Shucks. Wait ’til I can start posting pics of my cat, then you’ll really see babelicious!