Michael Giberson Jonathan Knee argues that Netflix is succeeding the way big media companies always have succeeded, in a time where such opportunities are less frequent than before. From The Atlantic: The economic structure of the media business is not fundamentally different from that of business in general. The most-prevalent sources of industrial strength are …
Michael Giberson The current issue of the Energy Law Journal includes an article examining the public policy history surrounding the use of hydraulic fracturing to develop natural gas in Pennsylvania and New York. The article, “Science and the Reasonable Development of Marcellus Shale Natural Gas Resources in Pennsylvania and New York,” is by attorneys Lynn Kerr McKay, Ralph …
Science, Law, and Regulation of Fracking for Natural Gas in the Marcellus Shale Read More »
Michael Giberson Art Carden, in his Economic Imagination blog at Forbes.com, explains “Price Gouging Laws Hurt Storm Victims.” How many people see natural disasters like the tornadoes in Tuscaloosa, Alabama, and Joplin, Missouri and say “we should be working to impede the recovery and make life harder for storm victims?” Probably no one. How many …
Michael Giberson There is oil in shale formations in France, possibly even shale oil under the Eiffel Tower, and at least for now it looks like that is where the oil will remain. According to a report by Bloomberg News, a parliamentary committee agreed on a proposal to ban hydraulic fracturing in the country, the full …
Michael Giberson From the Harvard Electricity Policy Group meeting in February 2011. By convention the meetings are off-the-record, so the speaker’s name is not identified in the summary: I think the most important distinction between the fields of climate science and economics for me is the question of evidence. Science is characterized by a subtle …
Economics of Power Market Design Compared Unfavorably to Climate Science Read More »
Michael Giberson The National Wildlife Federation and other environmental groups have been lobbying against the Keystone XL pipeline proposal as a sort of proxy battle against production of crude oil from Canadian tar sands. Robert Hahn and Peter Passell suggest that, as the tar sands will be developed whether or not the pipeline is built, …
Environmental Benefits from the Keystone Xl Pipeline Read More »
Michael Giberson The Texas state legislature has passed a bill that affirms that a light bulb manufactured in Texas of materials predominantly from within Texas and sold for use within Texas would not be subject to federal law or regulation under the authority of the U.S. Congress to regulate interstate commerce. The bill further would commit the state Attorney …
Michael Giberson Andrew Rice has a great little story in the New York Times Magazine on the upcoming phaseout of the incandescent light bulb. No, the incandescent bulb has not been “banned,” not exactly. It is just that, a few years ago, Congress agreed to raise energy efficiency standards for light bulbs effective January 1, …
Saying Goodbye to Edison’s Hot Little Light Bulb? Read More »
Michael Giberson Mostly oil and natural gas stories from around the web: The Hill’s E2-Wire, Oil industry: Response to leaks boosts case for pipeline – “The Obama administration’s swift response to leaks at the TransCanada pipeline boosts the case for approving an extension of the line, the oil industry argued Monday.” Logic is: sure the …
Michael Giberson This morning’s Washington Times carries my op-ed on price gouging. You should run out and buy a copy at your local newsstand, call the editor with loads of praise, encourage him to solicit my views more frequently, etc. Alternatively, read the op-ed at the Times website and offer comments here, there, or both …
Price Gouging Op-ed Appears in the Washington Times Read More »
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