Michael Giberson The New York Times describes one of the hazards of doing new things: your new thing may not fit neatly into existing regulatory category. A case in point: Two new cars that can be recharged electrically are creating a puzzle for the Environmental Protection Agency, which must rate the “fuel economy” of passenger …
How Do Plug-in Vehicles Connect with Cafe Regulation? Read More »
Michael Giberson A handful of stories of interest: The boom in shale gas has been a boon to homeowners who use gas, local economies with the resource, and manufacturers who make stuff with it, but it has “upended the ambitious growth plans of companies that produce power from wind, nuclear energy and coal. Those plans …
Natural Gas, Helium, Offshore Wind Power, and Cap-And-Trade Design Issues Read More »
Michael Giberson Holman Jenkins’s Wall Street Journal column on the shale gas fracking debate seems to be right on the money. Jenkin’s writes: As a report from the Houston investment firm of Tudor Pickering shrewdly predicted in June, there will be no fracking ban. Too much money, too many jobs, too much revenue for state …
The Sound and Fury of the Shale Gas Fracking Debate Read More »
Michael Giberson Under North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard, poultry waste burned to boil water to generate steam to turn a turbine generating electricity will earn RECs which can be sold to electric utilities needing to meet the state’s new renewable energy standard. Also under the law, poultry waste burned to boil …
The Differences Between Renewable Energy and Renewable Power in North Carolina Read More »
Michael Giberson We’ve discussed the complicated relationship between wind power and the net reductions in greenhouse gas and other emissions here previously. Industry viewpoints come to expected conclusions – it is no surprise that the Colorado oil and gas industry promotes the view that wind is less special than claimed, nor that the American Wind …
The Continuing Debate over Wind Power and Net Emissions Read More »
Michael Giberson Last week I pointed out that, “Temporary policies have temporary effects – and sometimes that is good news,” pointing to an Obama administration report that found job losses due to the temporary ban on deepwater drilling were smaller than expected. But possibly the government reached their happy results more or less by assumption …
Michael Giberson Recent research has revealed that the “cash for clunkers”-policy boost to car sales did little more than rush car sales that would have taken place over the following several months, and no evidence was found of broader economic effects on employment or home prices due to the so-called stimulus effects of the spending. …
Temporary Policies Have Temporary Effects – And Sometimes That is Good News Read More »
Michael Giberson Does the Federal Energy Regulatory Commission (FERC) really want to go down this path? Do they really think that faking a consumer cartel will help make wholesale power markets work more efficiently? Consumers come to any market in pretty direct competition with each other. Suppliers are offering their goods and I would like …
Will Faking a Consumer Cartel Help Make Power Markets More Efficient? Read More »
Michael Giberson OPEC was founded on September 14, 1960, in Baghdad, Iraq by five oil-exporting countries that decided to join forces to safeguard their legitimate rights and exercise control over their petroleum resources after years of manipulation. From the OPEC “Secretary General’s Message” on the occasion of the 50th anniversary of the organization. The slogan …
Michael Giberson A story by Purva Patel in the Houston Chronicle does a reasonably good job explaining the upcoming shift from a zonal to a nodal market design for the ERCOT market in Texas. It is a complicated matter and hard to convey to non-specialist readers. (In fact, even some specialists appear confused about parts …
Nodal Pricing Coming to Texas Wholesale Power Market Read More »
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