Michael Giberson Tyler Cowen said if he were exiled from the United States and had to live semi-permanently in another country, assuming a non-English speaking country to make it interesting, he’d select Berlin or Cologne in Germany. My thought? Copenhagen. Denmark scores high on assessments of economic freedom (here and here) and political freedoms (here). …
Michael Giberson In Grist, Adam Browing asks, “Does the Wall Street Journal employ anyone who understands energy markets?” Browning’s question and his answer seem just a little off, as I’ll discuss below, but first an excerpt from Browning: Actually, I think they do. I think Keith Johnson knows quite a bit about energy markets. Which …
Michael Giberson At Stumbling and Mumbling Chris Dillow ruminates on “Norms, agency, and competition,” which is just some fancy econo-speak for a post about why football coaches prefer conventional strategies that reduce the chance of their team winning. Dillow notes David Romer’s work (via James Kwak) on American football, which shows coaches punt too often …
Michael Giberson An economist is quoted in Platts’ Megawatt Daily commenting on a proposal within ERCOT to apply the same performance standards to wind farms as apply to other generators: On the one hand, it is desirable to have all market players working under the same rules, but on the other hand, rules are usually …
Michael Giberson John Petersen at AltEnergyStocks comments on a recent analysis by the U.S. Postal Service of the economics of converting to an electric vehicle fleet. Petersen observes that, “after years of reading up-beat promotional materials that talk about ten-year battery lives and seven- to ten-year payback periods, it was refreshing to see a more …
Michael Giberson Geoff Styles (“Can Solar Compete?“) observes two reports from MIT’s Technology Review: one from August 2009 that says cost reductions achieved in the solar power industry “have made solar power cheaper than the natural-gas-powered plants used to produce extra electricity to meet demand on hot summer days,” and another from the September/October 2009 …
Solar Makes Financial Sense in Austin, if You Are Subsidized… Read More »
Michael Giberson So I was quietly reading about Austin, Texas electric power developments in the Austin American-Statesman (“Mueller becoming a lab for energy: Research plans, neighbors’ efforts converging“) when I stumbled across a remark of such – I don’t know what to call it – irony? Orwellian newspeak? Not quite sure what to say, so …
Don’t Worry, the City Council Will Plusgood Monitor Big Brother to Prevent Abuse Read More »
Michael Giberson According to a new paper by Jim Bushnell, Ben Hobbs and Frank Wolak, “the desire of [state] legislatures and state PUCs to protect consumers from wholesale price volatility comes at a cost we believe few consumers would be willing to pay if it were made explicit, higher annual electricity bills.” And it isn’t …
State Legislatures and Pucs Prefer High Annual Electricity Bills for Retail Customers Read More »
Michael Giberson Research studying competitive cyclists suggests that cycling can reduce bone density. … most recreational cyclists probably don’t need to worry too much about their bones. “The studies to date have looked primarily at racers,” [researcher Aaron] Smathers says. “That’s a very specialized demographic. These guys train for hours at a very high intensity. …
Michael Giberson At Rigzone: Governments should consider their strategic petroleum reserves a part of their arsenal to limit speculation in the oil market, according to a report issued Thursday by Rice University’s James A. Baker Institute for Public Policy. If the policy is to sell SPR oil into the market when prices get “too high” …
Should the Federal Government Use the Spr to Counter Speculators? Read More »
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