Economics

How is Changing a Government Mandate “Killing” the Electric Car?

Lynne KIesling Can someone please explain the logic of the argument in this Wired Autopia blog post to me? EV advocates say the California Air Resources Board is trying to kill the electric car — again. Under a proposal pending before the Air Resources Board, state regulators would slash — from 75,000 to as few …

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Price Gouging: At the Intersection of Emotions, Ethics, and Economics

Michael Giberson Usually, with annual Spring price increases, we hear the perennial allegations of gasoline price gouging from politicians. Despite all the talk about high gasoline prices, there hasn’t been a lot of talk about price gouging this year. The precise meaning of the term “price gouging” is sometimes hard to pin down, but a …

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Sad Socket: Galvin Electricity Initiative’s New Ad

Lynne Kiesling Have you seen the Galvin Electricity Initiative Sad Socket ad? In the half-century since our electric power system was completed, little has been done to update it — and it shows. We’re relying on an obsolete electricity grid that is dangerously vulnerable, even to forces as predictable as thunderstorms and as tiny as …

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Energy from Animal Waste

Lynne Kiesling Mike’s two recent posts about turning animal waste in to electric power and John Doerr’s focus on methane recovery from animal waste prompt me to mention one of the innovative entrepreneurs in this space: RealEnergy. RealEnergy builds, installs, and manages distributed generation and combined heat and power (CHP) systems, and can do so …

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Think Alan Greenspan–Only in Battlestar Galactica

Michael Giberson From Scientific American online, “What Can Virtual-World Economists Tell Us about Real-World Economies?“: Eyjólfur Guðmundsson is the only economist on Earth who spends his days studying the fluctuating cost of warp-disruption batteries and T2 light drones. That’s because he’s the world’s first virtual-world economist. This past August, Guðmundsson took up residence in EVE …

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Foreseeing $105/barrel Oil: a Reason to Love an Economist

Michael Giberson At Platt’s The Barrel blog, Dave Ernsberger writes that, “no one particularly loves an economist, especially the ones that work at Wall Street banks.” But then he recalls that, about three years ago when oil prices were about $55/barrel, Goldman Sachs economist Arjun N. Murti briefly became famous in energy and finance circles …

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A Couple of Interesting Climate Change Articles

Lynne Kiesling I found a couple of interesting climate change articles over the weekend. First, this Foreign Affairs article discusses the geopolitical implications of Arctic ice cap melting; it creates and destroys territory in ways that various Arctic (and non-Arctic) nation-states are responding to by trying to stake property claims to the territory. Hmmm … …

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