Externalities from shipping crude by rail are still disproportionally larger than those from pipeline transport. My twitter feed exploded late last week. And no, I am not talking about the … Continue Reading The Keystone Pipeline’s XL-ish Spill
A recent working paper shows that insights from behavioral economics help explain consumers’ choices in a demand response program. Richard Thaler won the Nobel Prize in Economics last month, making … Continue Reading Another Victory for the Behavioral Economists
The Trump administration’s social cost of carbon is misguided. The unraveling of federal environmental protection under the Trump administration is well underway. Over the past several months we’ve seen moves … Continue Reading What Climate Change Policy Puts America First?
UPDATE: The day after I posted this blog, I learned that the tax structure problem that I noted here was actually largely corrected by the same legislation (SB1) that introduced … Continue Reading California’s Real Gasoline “Tax” Problems
I thought I knew the answer, but now it’s not so clear. U.S. households and businesses use a whopping 11.5 quadrillion BTUs of energy annually for heating and cooling, about … Continue Reading Will Global Warming Increase or Decrease U.S. Energy Consumption?
Proposal to subsidize coal and nuclear reverses 20 years of regulatory restructuring. The EPA’s recent moves to euthanize the Clean Power Plan (CPP) have generated a lot of news. However, … Continue Reading To Save Coal, Will Trump Kill Electricity Competition?
(this post is coauthored with the great Meredith Fowlie and appeared in a much toned down version on The Conversation) Economics humbly suggests addressing all externalities from coal combustion. The … Continue Reading Bacon Has Vitamins Too: Why Rick Perry Failed Econ 101 – Again.