Energy markets

Progress Toward a Alaska Natural Gas Pipeline Thwarted by Shale Gas

Michael Giberson In February, the Federal Energy Regulatory Commission made its eleventh report to the U.S. Congress on the status of efforts to build a natural gas pipeline in Alaska. The twice-annual reports are required by the Energy Policy Act of 2005. Three efforts to bring gas from the North Slope of Alaska to market …

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From Rebound to Backfire: Tierney Column Examines Limits to Use of Energy Efficiency Policy to Pursue Energy Conservation

Michael Giberson John Tierney’s column, “When Energy Efficiency Sullies the Environment,” in the New York Times examines the rebound effect and some of the broader consequences of trying to promote conservation through policies inducing energy efficiency. Some of the biggest rebound effects occur when new economic activity results from energy-efficient technologies that reduce the cost …

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Fracking Wastewater Not Causing Radioactivity Issues in Pennsylvia Rivers

Michael Giberson The recent New York Times series on natural gas fracking suggested that poorly treated produced water was being discharged into streams and rivers in Pennsylvania, and that disposal of produced water was a larger environmental issue than groundwater contamination from poorly completed wells. A key concern raised in both industry and regulator documents …

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A Triple-Dividend from Pigovian Gasoline Taxation?

Michael Giberson Evan Turgeon, a lawyer working for the Cato Institute, has an article on gasoline taxation in the Journal of Land, Resources & Environmental Law: “Triple-Dividends: Toward Pigovian Gasoline Taxation.” The “triple dividends” asserted are benefits to the U.S. domestic economy, the national security outlook, and the environment. In general the idea is that if …

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New York Times Article Advances Public View of Environmental Issues Surrounding Hydrofracking

Michael Giberson At first it seemed like just another newspaper article on the potential environmental dangers of fracking to produce natural gas from shale, but on second look there is something new in the New York Times article, “Regulation Lax as Gas Wells’ Tainted Water Hits Rivers.” Most such stories, and much of the public’s …

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Faruqui and Toney Debate Smart Meters and Dynamic Pricing

Michael Giberson Dr. Ahmad Faruqui of The Brattle Group and Dr. Mark Toney of TURN discuss dynamic pricing for retail electric customers in a February 17, 2011 event in San Francisco. Part 1: [vimeo 20206833 w=600&h=400] Part 2 Q&A: [vimeo 20216539 w=600&h=400] I’ve only had time to watch a bit of this, but with Faruqui and Toney …

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Zone Pricing Ban Proposal Advances in Connecticut, Zone Price Ban Law in New York Still Not Working

Michael Giberson Gasoline consumers in well-off Fairfield County, CT, pay gasoline prices that tend to be higher than prices in the rest of the state. The consumers don’t like it. State legislators representing the region believe the issue is “zone pricing,” a practice by gasoline wholesalers which sets wholesale prices to different levels in different …

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Our Next Fear: Peak Rocks?

Lynne Kiesling Economist and teacher extraordinaire Steve Horwitz has done a great video for Learn Liberty on the question “are we running out of resources?” [youtube=http://www.youtube.com/watch?v=AcWkN4ngR2Y&feature=player_embedded] We’ve done our share of “peak oil” debunking here over the years, so it won’t surprise you that I find The Onion’s take on the question of running out …

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You Think the Kids Are Alright? Well Look at This Tiny Blue Pin on My Shirt and Think Again

Michael Giberson From the press release: NEW YORK–(BUSINESS WIRE)–Mark Ruffalo and other Oscar nominees will wear a blue water droplet pin during Sunday night’s Academy Awards as a way of asking Americans to be stewards of our treasured water supply, which is currently in jeopardy due to extreme drilling and includes natural gas hydro-fracking. The …

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