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Europe is Burning More American Coal
Natural gas production is booming in the United States. The resulting low natural gas prices are helping the fuel displace other energy sources, most particularly the use of coal to produce electric power. As U.S. demand for coal falls, so has its...
Posted February 9, 2013 with 267 views
Reforming the EPA: Five Commissioners Better than One Administrator?
Steven Hayward makes the unremarkable observation that the EPA is politicized followed by the somewhat surprising recommendation to fix things by adding more political appointees at the top! He recommends a five-person commission structure within...
Posted January 15, 2013 with 113 views
Gas Prices During Natural Disasters
One idea advanced by proponents of anti-price gouging laws is that after disaster strikes people should put aside their usual self-interests, join in with the community, and share in the burden of recovery. What these proponents often miss is that...
Posted December 4, 2012 with 196 views
The One-Sided Debate over Gas Price Gouging
John Carney proposes declaration of free-trade zones for gasoline in shortage-afflicted areas. Prices could stay regulated elsewhere, but consumers and merchants would gain the option to trade at higher prices within the zones. Great idea, but there...
Posted November 4, 2012 with 209 views
‘Demand Response’ in Electricity: Economists vs. FERC on (Over)Pricing
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...
Posted September 25, 2012 with 326 views
Did China Cause North Dakota’s Oil Boom?
News about the Chinese economy has become a bit worrisome, for instance from the New York Times earlier this week, “China Confronts Mounting Piles of Unsold Goods“:After three decades of torrid growth, China is encountering an unfamiliar problem...
Posted August 25, 2012 with 673 views
The rebound effect: the ACEEE strikes back
The significance of the “rebound effect” remains a matter of some debate. (The rebound effect is the frequently observed tendency for energy efficiency improvements to increase consumer use of the now more efficient good or service)....
Posted August 9, 2012 with 347 views
India’s electrical system produces largest power blackout ever
From the New York Times: 2nd Day of Power Failures Cripple Wide Swath of IndiaIt had all the makings of a disaster movie: More than half a billion people without power. Trains motionless on the tracks. Miners trapped underground. Subway lines...
Posted August 1, 2012 with 272 views
No, the federal solar power subsidy does not pay for itself
Last Friday the US Partnership for Renewable Finance, a coalition of financiers who invest in renewable energy, issued a report in which they claimed the federal investment tax credit for solar power is not a taxpayer burden because the tax credit “...
Posted July 26, 2012 with 574 views
Price gouging worries in the aftermath of Mid-Atlantic thunderstorms, power outages
The thunderstorms that tore up the Mid-Atlantic at the end of June left many thousands of people without power, sometimes for several days, during some unusually hot early summer weather. Among other things, the aftermath has been filled with price...
Posted July 10, 2012 with 178 views
Efficiency, conservation, and the Jevons Paradox
Given the preponderance of government energy policies aimed at promoting technical efficiency, a careful consideration of the Jevons Paradox is in order. I’ve spent some time this summer reading about William Stanley Jevons, one of the...