Michael Giberson Some, not all, of you believe that fossil fuel energy gain massive and undeserved subsidies from the federal government, that such subsidies way outweigh subsidies for renewable energy, and that subsidies for fossil fuels undermine the market success of renewable energy. You may want to read Severin Borenstein’s post, “Are Fossil Fuel Subsidies …
Fossil Energy Subsidies and Renewable Energy Competitiveness Read More »
Michael Giberson At InsideClimate News Elizabeth Douglass has a long, sprawling article tying together projections of U.S. oil production growth sufficient to turn the U.S. into an oil exporting nation and the political opposition to the Keystone XL pipeline. But the link between resource optimism and infrastructure obstructionism is a bit of a non sequitur. …
So Much Oil That We Don’t Need Infrastructure to Develop It? Read More »
Michael Giberson A few weeks ago I posted “Are ‘outsiders’ more likely to be accused of price gouging?” Having noticed that all four persons arrested in Mississippi for price gouging after Hurricane Isaac had surnames indicating family origins in India, I wondered about the potential for discrimination in the application of price gouging laws. First, …
Are New Jersey ‘outsiders’ More Likely to Be Accused of Price Gouging? Read More »
Michael Giberson Of note. Daniel Cole, “Thinking About an Optimal Coase Tax” “Economists have spilled a lot of ink trying to specify what an ‘optimal’ Pigou tax would be… Haven’t any of these people read Coase (I mean read him carefully)? One of his explicit aims in ‘The Problem of Social Cost’ (1960) was to correct an …
Coasean Taxes and Other Energy Economics Stories Read More »
Michael Giberson In an article titled “4 Reasons All Americans Should Be Worried About Wind Layoffs,” you’d think there would be at least one reason that people should be worried about wind industry layoffs. Sadly, no. Instead the author tells the reader: (1) wind power installations are largely in GOP-held congressional districts, (2) the U.S. …
Any Reason to Be Worried About Wind Power Industry Layoffs? Read More »
Michael Giberson As noted here at KP in August, a group of electric power economists (including me) filed an amicus brief on FERC’s demand response pricing rule. At the Master Resource blog, Travis Fisher examines the issue with some detail. Here is a bit: In Order No. 745, FERC reasoned that, “when a demand response …
‘Demand Response’ in Electricity: Economists Vs. FERC on (Over)Pricing Read More »
Michael Giberson Midwest Energy News: “Can airports be green? With solar farm, Chicago argues they can.” Aviation is a carbon intensive industry, with air travel and transport contributing two percent of global greenhouse gas emissions, according to the Intergovernmental Panel on Climate Change. But airports around the world are making significant efforts to reduce their carbon …
Can Airports Be Green? With a Little Greenwashing They Can! Read More »
Michael Giberson On the NYTimes.com Green blog, Matthew Wald reports on “An argument over wind.” The issue is the scheduled-to-expire Production Tax Credit for wind power. As previously mentioned here, former PTC-supporter Exelon Corp. has come out against the PTC extension. It parted ways from the American Wind Energy Association, of which it had long …
Negative Power Prices Due to Wind Power’s Subsidy Read More »
Michael Giberson From the PR desk: HOUSTON, Sept. 4, 2012 /PRNewswire/ — Direct Energy has launched New Leaf Energy, a new Texas brand that offers 100 percent renewable, air-pollution-free energy, 100 percent from Texas wind turbines. New Leaf Energy brings expanded product choice in Texas’ green energy market and a variety of plan options that ease the way for residential customers …
Lynne Kiesling Recently the New York Times ran a Sunday magazine article from Jeff Himmelman profiling some companies in the solar industry in the US. The main thrust of the article is that despite the industry’s technological and economic challenges, it’s starting to look like a better investment: Two factors have hurt the industry’s growth. …
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