The direct costs would be large. The enrichment of world oil producers would be even larger. A few weeks ago, when California happily announced that it had met its 2020 … Continue Reading Should California Keep Its Oil in the Ground?
DST can coordinate societal shifts to better use daylight…but at a cost. You would think most states have more pressing issues to confront these days, but legislation on the measurement … Continue Reading What Does Daylight Saving Time Really Save?
GHG policy leadership and technology development matters, but such claims deserve scrutiny. I get it. Economics is not the only thing that drives a state’s energy and climate policy. Nor … Continue Reading Try Everything? Really?
Pricing carbon will help drive R&D, but the market will still be bumpy. Virtually all economists agree that one of the biggest selling points for pricing greenhouse gases (GHGs) – … Continue Reading Cap-and-Trade and Innovation
It’s time for lawmakers to make the $3 billion per year puzzle a priority. It’s not going away. Back in October, I blogged, and published an op-ed about California’s mystery … Continue Reading California’s Mystery Gasoline Surcharge Continues
Unused allowances are not an existential threat to the state’s market for greenhouse gases Today’s blog is co-authored with fellow EI blogger, Jim Bushnell. One of the most prominent and most … Continue Reading California’s Carbon Cap is Not in Jeopardy, Because It’s Not Really a Cap
Fat margins in rail shipping are likely to partially absorb a price on carbon. Discussions of U.S. coal policy generally focus on coal mining or coal burning, but hardly ever … Continue Reading The Cushion in Coal Markets that Will Make it Harder to Kill