A nuanced look at politicians’ favorite policy tool. Everyone likes a puppy. You get a puppy you’re immediately in love. You never want to get rid of it. Puppies also … Continue Reading Subsidies and Puppies.
It depends on whether it’s winter and whether you’re poor. Coauthored with Ed Rubin. There are many ways to scramble an egg. Thomas Keller, Gordon Ramsey and Alice Waters all … Continue Reading How Much Do Residential Consumers Respond to the Price of Natural Gas?
Because electricity is not priced optimally, we all pay for excessive Bitcoin mining. (This post is coauthored with Catherine Wolfram) You may be reading this blog post in your dorm … Continue Reading Bitcoins Should Be Called BTUcoins, and That’s a Problem
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
(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.
Would Autonomous Electric Vehicles Eliminate Transportation Externalities? After one of the many fun and inspiring lunch conversations here at the Energy Institute, I realized that my thoughts on the economic … Continue Reading The Economics of an Electrified Autonomous Future
A nice sounding slogan and empty policy goal. A reporter recently called me and asked me what I thought of the term “energy dominance”, which had been recently introduced … Continue Reading Energy Dominance