Environmental policy

More Definitive Evidence That Property Rights Improve Fishing Yields and Sustainability

Economics, Environmental policy / By

Lynne Kiesling I’ve been enjoying this new research from environmental economist Chris Costello and his two co-authors, Steven Gaines and John Lynham: “Can Catch Shares Prevent Fisheries Collapse?”: Recent reports suggest that most of the world’s commercial fisheries could collapse within decades. Although poor fisheries governance is often implicated, evaluation of solutions remains rare. Bioeconomic …

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First Rggi Auction Today, Results to Be Posted Monday

Energy markets, Environmental policy / By

Michael Giberson The Regional Greenhouse Gas Initiative held their first CO2 permit auction today. At the WSJ Environmental Capital blog, Keith Johnson said RGGI “is more likely to start with a whimper than a bang,” and asks “Will it work?” Johnson reports: RGGI’s first auction today, of about 12.5 million emissions permits, isn’t attracting a …

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Market Monitor Announced for Rggi Cap-and-trade Auctions

1 Comment / Economics, Energy markets, Environmental policy / By

Michael Giberson My former employer in the news.* The Regional Greenhouse Gas Initiative (RGGI) announced earlier this week that it had selected Potomac Economics to “perform market monitoring services for the states participating in RGGI auctions.” “We went looking for and hired an experienced watchdog to ensure market participants that the RGGI auction process is …

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No Hydrogen-powered Car in Your Future

4 Comments / Energy markets, Environmental policy, Politics / By

Michael Giberson Joseph Romm, writing at Grist, notes that a recent Economist story on hydrogen-fueled cars comes to the same conclusion he had reached when he wrote about the Honda Clarity prototype for a Technology Review blog. To wit, there is no hydrogen-powered car in your future. The Economist notes that hydrogen cars do have …

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Natural Gas Vehicle Stories from Around the Web

4 Comments / Energy markets, Environmental policy, Networks / By

Michael Giberson Around the web, stories about natural gas vehicles are bursting out all over (maybe prompted by this promotional effort which aims to increase the number of CNG vehicles). Newsweek offers a reporter’s trip test-driving a CNG car (a Honda GX) with her children, traveling from L.A. to San Diego and up to Oakland. …

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Insecure Property Rights May Be Helping to Maximize Current Russian Oil Output…

2 Comments / Economics, Energy markets, Environmental policy, Politics / By

Michael Giberson …but not in a good way. The Streetwise Professor deploys a little Property Rights Economics 101 lesson as he contrasts the development of petroleum resources in Russia and China: An article on the McClatchy wire states that the Russian oil industry is facing a dire future due to “the practice of reaping quick …

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Boone Pickens – Texas Monthly on the Man Behind the Plan

Energy markets, Environmental policy, Miscellany, Politics / By

Michael Giberson Texas Monthly magazine profiles Boone Pickens. Here’s a sample: In addition to the advertising campaign, Boone is also laying out his energy manifesto in his latest memoir, The First Billion Is the Hardest, which Crown is releasing this month. (His first memoir, Boone, was published in 1987.) “The times require a George Patton, …

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Vaclav Smil on the Pickens Plan for Wind Power and Natural Gas Vehicles

2 Comments / Energy markets, Environmental policy / By

Michael Giberson Perhaps the greatest appeal of the Pickens Plan is its cascading simplicity. First, Pickens wants to dot the Great Plains (“the Saudi Arabia of wind power”) with wind turbines to replace all the electricity currently produced by burning natural gas. Second, he wants to use the natural gas freed by wind-powered generation to …

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Texas Court Favors Wind Turbines over Claims of Spoiled Views and Nuisance Noise

Electricity, Environmental policy / By

Michael Giberson A couple of weekends ago I took a quick trip from Lubbock to Austin to visit my brothers and their families, the first time I’ve taken that trip since I moved back to Texas from Virginia. I knew a few wind turbines had popped up since my last drive down US 84, perhaps …

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