Michael Giberson From the New York Times: Suzlon has expanded rapidly as global demand for wind energy has taken off. Its sales and earnings tripled in the quarter ended June 30, as the company earned the equivalent of $41.6 million on sales of $202.4 million. The demand for wind turbines has particularly accelerated in India, …
Michael Giberson Consumer Reports magazine put a 2007 Chevrolet Tahoe flexible-fuel vehicle running on E85 (an 85 percent ethanol/15 percent gasoline mix) through a battery of tests, and concludes it will cost consumers more than a gasoline burner. A chief limitation comes from ethanol’s lower energy content, which means that vehicles running on ethanol will …
Michael Giberson What makes an old power plant new again? It is a complicated question, possibly deeply philosophic and suggestive of a zen koan. Perhaps the answer is that there is no answer. Unfortunately, that answer isn’t good enough for public policy. The Clean Air Act requires new generators to get permits, and even old …
Judge Posner on Incentives and the Clean Air Act Read More »
Lynne Kiesling I haven’t had time to read and think systematically about California’s proposed carbon policy, but I encourage you to read this post and this post at Environmental Economics, as well as the comments on them. I’ll probabably have something to say later, and it will likely riff off of John’s two posts.
Lynne Kiesling Today’s Wall Street Journal has an article on Stockholm’s road congestion pricing pilot experiment (subscription required). Stockholm is a city of islands, so the road network is subtantially a set of bridges. Not surprisingly, congestion often ensues. From January through July, Stockholm tested one of the world’s most sophisticated traffic-management systems as part …
Lynne Kiesling There’s been a lot of interesting wind power news items in the past week or so: 1. An Oregonian article on community wind power investments in smaller-scale projects in rural Oregon: “Although community wind is characterized by its contained scope and local tie-in, it is by no means quaint. The projects use the …
Lynne Kiesling Run, don’t walk, to Randall Parker’s place and read his excellent and thorough post on the science, economics, and politics of ethanol in Brazil and the US. Chock full of outstanding and informative links. I also had not thought about what he mentions in his parting comment about ethanol from biomass: But my …
Lynne Kiesling I heartily recommend Barun Mitra’s op-ed column in today’s New York Times on the importance of property rights in the conservation of the tiger: Yet for the last 30 or so years, the tiger has been priced at zero, while millions of dollars have been spent to protect it and prohibit trade that …
Lynne Kiesling The ever-clever Jonathan Rauch has a Reason column today in which he makes a provocative proposal to President Bush: Here is the idea: Propose an international treaty whose signatories would agree to eliminate gasoline from their transportation systems by a date certain—say, in 30 years. Seek initial support from Europe and Japan, but …
Imagine There’s No Gasoline (No Demand for It, That Is) Read More »
Lynne Kiesling Martin Feldstein has a column in today’s WSJ (subscription required) in which he recommends that the government issue tradeable gasoline rights (TGRs) instead of either raising CAFE standards or imposing a gasoline tax. In a system of tradeable gasoline rights, the government would give each adult a TGR debit card. The gasoline pumps …
Martin Feldstein in Wsj on “Tradeable Gasoline Rights” Read More »
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