Author name: Michael Giberson

California Adopts Feed-in Tariff for Distributed Wind and Solar Power Systems, with Nobel Prize Notes

Michael Giberson Not all of the news this week is about Nobel prize surprises. The Los Angeles Times reports that California is adopting feed-in tariffs for distributed renewable power production: Under AB 920, the state Public Utilities Commission will set a rate for utilities to compensate customers whose solar or wind systems produce more power …

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Vincent and Elinor Ostrom and Public Ownership of Natural Resources

Michael Giberson Among the news stories in response to Elinor Ostrom’s sharing of the Nobel prize for economics, an article from Alaska which mentions the important role played by Vincent Ostrom in the development of that state’s treatment of natural resources.  Both Ostroms worked on related ideas and management of natural resources was central to …

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When Good Deals Go Bad for Economic Development Planners

Michael Giberson State and local economic development agencies and assorted politicians like to trumpet their successes in using tax breaks and other incentives to induce companies to locate in their areas. Rarely does anyone report how these deals turn out in the months and years after that initial photo op. From BusinessWeek‘s Management IQ blog, …

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Boom in Shale Natural Gas: Not Just for North America

Michael Giberson From the New York Times, “New Way to Tap Gas May Expand Global Supplies.” Italian and Norwegian oil engineers and geologists have arrived in Texas, Oklahoma and Pennsylvania to learn how to extract gas from layers of a black rock called shale. Companies are leasing huge tracts of land across Europe for exploration. …

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Judge Says Kentucky’s Anti-Price Gouging Law is Constitutional; Virginia Newspaper Says “Legalize It”

Michael Giberson Over two years ago, the state of Kentucky filed suit against Marathon Oil claiming the company engaged in price gouging in the wake of Hurricanes Katrina and Rita. (Cynics noted that the lawsuit was filed shortly before a primary election in which the Attorney General at the time was running for Lt. Governor.)  …

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“Battery Investing for Beginners”

Michael Giberson John Petersen has written a four-part series of articles on “Battery Investing for Beginners” at AltEnergyStocks (and mirrored at SeekingAlpha). Link to an index for the “Battery Investing for Beginners” series. More battery related posts at AltEnergyStocks. About John Petersen. All John Petersen posts at SeekingAlpha. Don’t miss Petersen’s “How PHEVs and EVs …

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The Future of Natural Gas Prices: a View from October 2009

Michael Giberson A short Associated Press item from last week provides a perfect illustration of the near-meaninglessness of the daily post-market story interpreting price moments. Natural gas prices tumbled yesterday after the government reported the United States is using so little that it has more in storage now than at any other time on record. …

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Does Ferc Have Jurisdiction over Installed Capacity Requirements in Wholesale Power Systems?

Michael Giberson Does the Federal Energy Regulatory Commission’s (FERC) asserted authority over the Installed Capacity Requirement, on the ground that it is “a practice affecting rates,” contravene the Federal Power Act’s specific limits on FERC’s authority, and express preservation of State authority over generation facilities and system adequacy? That is the question for the U.S. …

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Did Prediction Markets Miss the Call on Chicago’s Olympic Bid?

Michael Giberson The IOC recently selected Rio de Janerio over three competing bids to host the 2016 summer Olympic games.  The Chicago bid was favored in public prediction markets, with prices at Intrade between 50 and 60 at the time of decision and prices at Betfair implying about a 50 percent chance.  Did the prediction …

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