Michael Giberson An article in the Houston Chronicle reports that the high price of corn is putting the squeeze on the cattle feedlot business: [John] Van Pelt, the manager of a cattle feedlot in this town 50 miles south of Amarillo, is now paying $215 a ton for cattle feed — double what he spent …
Latest Farmer Vs. Rancher Epic from Texas Centers on Ethanol Read More »
Michael Giberson In a post titled “The $100 Billion Windfall: Why Utilities Love Cap-and-Trade“, Environment Capital notes the release of a new study by Point Carbon, financed by the WWF, which sought to estimate the “potential and scale of windfall profits in the power sector in selected countries (UK, Germany, Spain, Italy and Poland) during …
Michael Giberson Maria Cantwell (D-Wash.), co-sponsor of the proposed Clean Energy Tax Stimulus Act, says if Congress and the President don’t act fast to enact the bill, as much as $20 billion in investment will be delayed or canceled and and more than 100,000 jobs lost. At the Environmental Economics blog, John Whitehead says, “Show …
The Environmental Economics ‘lost Green Jobs Challenge’ Read More »
Michael Giberson A few scattered stories: In testimony to the US House and Senate Joint Economic Committee on Wednesday, Fed chief Ben Bernanke said, “the one small silver lining” in $100/barrel oil is that “a lot of alternatives become economically feasible.” In fact, well before $200/barrel, biking to work would become feasible for a lot …
Michael Giberson On Monday night, Republicans in the Kansas House voted to apply a tax of $37 per ton of CO2 emitted from coal fired power plants for emissions in excess of 110 percent of the statewide average. Proceeds from the tax would be distributed to the large coal plants in the state with the …
Michael Giberson Usually, with annual Spring price increases, we hear the perennial allegations of gasoline price gouging from politicians. Despite all the talk about high gasoline prices, there hasn’t been a lot of talk about price gouging this year. The precise meaning of the term “price gouging” is sometimes hard to pin down, but a …
Price Gouging: At the Intersection of Emotions, Ethics, and Economics Read More »
Lynne Kiesling There is no economic model that can support the state buying Wrigley Field. The sports economists have to pay some attention to this one. It all stinks to me of political gambit. Heck, Wrigley sells out most games, and that’s even when the team’s having a crappy year. I am not persuaded by …
Michael Giberson Arnold Kling notes Ray Kurzweil’s optimistic forecast on solar power (from LiveScience). Here’s the Kurzweil quote on solar power: “It is doubling now every two years. Doubling every two years means multiplying by 1,000 in 20 years. At that rate we’ll meet 100 percent of our energy needs in 20 years.” Kling’s response: …
Kling on Kurzweil on Solar Power, with an Aside on Politics Read More »
Michael Giberson “So, yeah, Hume’s being a supercilious jerk, too.” Yes, the above remark, from near the end of Wilkinson’s post, Taste, was amusing. But it wasn’t that remark, it was the whole of the post and the way he wrapped it up that led me to burst out laughing.
Lynne Kiesling While I’m feeling grumpy and cynical, and wishing that more politicians and candidates had the cahones to say that government cannot, and should not, solve all problems, here’s a sensible statement from an editorial about the proposed stimulus package: The problem with the economy isn’t a lack of government borrowing from the future …
Copyright © 2022 Knowledge Problem Archive