Author name: Michael Giberson

A Problem with Market-Based Approaches to Emission Reductions

Michael Giberson Market-based approaches to regulating emissions are the new conventional wisdom, according to Robert Stavins, and it would be hard to disagree. Among proponents of regulating greenhouse gasses in the United States, the big debate is over which of two market-based approaches to regulating emissions should be pursued: emission tax or cap-and-trade. Is anyone …

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A Solar Panel, a Jug of Wine and Thou

Michael Giberson From RenewableEnergyWorld, an news release from solar developer Conergy: Going Green Reaches Economic Tipping Point at Wine and Shine 2009 Solar Energy Experts Conergy and Three Renowned California Vintners Showcase How Today’s Clean, Renewable Solar Energy Solutions Can Reap Millions In Cash Rebates, Tax Incentives and Energy Savings PASO ROBLES, CA – April …

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Lubbock Cycling Chic

Michael Giberson Tomorrow is the annual “Lowrider/Dream bike” parade on the Texas Tech University campus. The event is part of program in which TTU art students and science and engineering students mentor middle schoolers who assemble and customize a bicycle. There are a lot of very sound pedagogical reasons to think that such hands-on activities …

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Connecticut Attorney General Proposes New State Energy Agency to Combat Incentives for Economic Efficiency

Michael Giberson In economic theory, in lab experiments, in practice – pretty much generally speaking – it is well established in economics that a uniform clearing price auction works better than a pay-as-bid auction in cases such as the spot markets for power operated by the NYISO and ISO-New England (and every similar market in …

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Oil Shocker: Energy Economist Bids to Get Back on the Front Page

Michael Giberson I don’t know about the rest of you university energy economists, but life in the classroom got a little tougher for me this Spring. Last Fall energy economics was on the front pages of the nation’s newspapers every week, nearly every day. Anytime I wandered into class a minute or two early, I …

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Wind Power and Bird Deaths and Frederic Bastiat

Michael Giberson Wind power gets a lot of criticism for contributing to bird deaths. Reports of bird-turbine collisions lead some environmentalists to withhold support from wind power. You sometimes see free market advocates, who otherwise seem not to get much concerned over the effects of economic activity on wildlife, suddenly quite concerned about wind power’s …

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Risk Amnesia

Michael Giberson Rick Bush explains how one manager prevents “risk amnesia” in a Transmission & Distribution World column. (Reg. required.) Risk amnesia is a condition that can spring up when an investment decision turns out badly, and suddenly no one can recall being part of the decision. Bush wrote: Donnelly cracked me up when he …

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