Lynne Kiesling Speaking of benefit-cost analysis, the new issue of The Economist’s Voice that came out yesterday has an article by Bob Hahn and Cass Sunstein on the precautionary principle. I have given it only a cursory reading, but it’s a good, readable argument about why the precautionary principle does not yield useful decision rules, …
Hahn And Sunstein On The Precautionary Principle Read More »
Lynne Kiesling Now that I am home for a couple of weeks I am going to catch up on some things, including Mike’s excellent post on the “naming of names” in electric reliability violations. In that post he notes FERC Chairman Pat Wood drew attention to “naming of names” in the recent quarterly compliance, and …
More On The Use Of The “Scarlet Letter” In Electric Reliability Read More »
Michael Giberson The EPA has implemented regulation of Nitrogen Oxide (NOx) emissions with a cap-and-trade market scheme that seeks to achieve environmental goals in a way that minimizes the costs of compliance. Regulated companies are required to have permits to cover the amount of pollution emitted ? a company with a low cost of compliance …
The Value In Shifting Nox Emissions In Time And Space Read More »
Lynne Kiesling The Valero purchase of Premcor announced Monday is another interesting, if not surprising, step in the industry consolidation that started in the mid-1990s. The press on the Valero/Premcor deal seems to hit all of the right notes; I would add to this article on demand continuing to outstrip refining capacity that one of …
Consolidation In The Oil Industry: Valero/premcor Read More »
Lynne Kiesling See this Business Week summary of the energy bill version that passed the House yesterday. The Washington Post opined that the bill is “new and unimproved”: More to the point, it will fail to give this country the truly revolutionary energy policy it desperately needs. Instead of pointing the way toward an eventual …
Lynne Kiesling We here at KP are a bit in the futurist optimist vein, so we pay attention to fuel cell technologies. One of my personal favorites is work to commercialize small methanol cartridges for use in phones, PDAs, and other small devices. So my instant thought when I saw this article on the development …
Lynne Kiesling At the south end of the Luxembourg Gardens in Paris there are three stretches of grass. As you would expect with the Cartesian rationality symmetry inherent in French landscaping, the larger rectangle of grass faces the exact middle of the Palace. The two slightly narrower rectangles are the same length as the middle …
Lynne Kiesling Randall Parker at FuturePundit has a post about using nanoscale silica to release hydrogen from ammonia borane, and how that technology could lead to more feasible hydrogen storage for vehicles and other uses. This interesting finding is a result of research at Pacific Northwest National Lab.
Lynne Kiesling Thanks to Jonathan Adler for his recent post on a new paper on integrated river basin management. The paper, by William Blomquist (IUPUI), Ken Calbick and Ariel Dinar (both of World Bank), is available at SSRN. I have not yet read it, but it looks like an interesting analysis of a set of …
Lynne Kiesling While we’re in an earthy vein here, I recommend Alex’s recent post at Marginal Revolution on the purported dissent from the Copenhagen Consensus. So the mild dissent comes from concern that the person who did the study overestimated the costs of climate change. Interesting.
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