Category Archives: Uncategorized

Rationalizing California’s Residential Electricity Rates

California is finally talking seriously about changing the way utilities price electricity for residential customers.  In particular, as a result of recent legislative actions, the CPUC now has some flexibility to modify the extreme increasing-block pricing (IBP) schedules that were … Continue reading

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Remember back when everybody hated electricity deregulation?

Today we take a break from our regularly scheduled blogging about environmental topics to provide a brief message concerning electricity restructuring.  Severin Borenstein and I are finishing up a draft paper for the Annual Review of Economics (available as a … Continue reading

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The Big Stick: Cap and Trade in the Peoples Republic of Carbon

Many of us have argued that a patchwork of national or subnational climate policies is a largely pointless undertaking unless the big two (United States and China) are part of that patchwork. The US has taken some steps towards national … Continue reading

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Want to Schedule Your Electricity Use to Reduce Pollution? Here’s How

Some of us occasionally feel the urge to turn off the kitchen/porch/office light as our small step towards addressing global climate change. A Berkeley PhD student – Gavin McCormick – has started a nonprofit to provide information on exactly how … Continue reading

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Renewable integration challenges create demand response opportunities

The power grid is getting greener. The graph below summarizes EIA projections of U.S. non-hydro electricity generation under different assumptions about greenhouse gas regulations, fuel prices, and technology costs: Source: http://www.eia.gov/todayinenergy/detail.cfm?id=16051 Although there is some debate over whether these EIA … Continue reading

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What’s the goal and point of national biofuel regulation?

While preparing a lecture for the 4th Berkeley Summer School in Environmental and Energy Economics, I returned to contemplating the regulation of biofuels as part of a federal strategy to combat climate change and increase energy security. If we review … Continue reading

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Raising Gas Prices to Grow An Economy

Two weeks ago, Yemen increased gasoline prices from $2.20 to $3.50 per gallon, while increasing diesel prices from $1.70 to $3.40. And last month, Egypt increased gasoline prices from $.47 to $.83 (premium gasoline went from $1.00 to $1.40), while … Continue reading

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