In a couple of weeks, California will hold the first auction of greenhouse gas emissions permits. This auction is notable and newsworthy as it effectively sets in motion the world’s … Continue Reading Pricing Carbon in California : A Complicated Problem with No Simple Solution
Since my dissertation writing days I have been interested in forecasts of China’s greenhouse gas emissions. I am clearly not the only person interested in this topic, yet we environmental/energy … Continue Reading Cooling China And Then Some.
Here we go again. A couple refinery disruptions, a pipeline shutdown, and before you know it gas prices in California have jumped more than 50 cents compared to the rest … Continue Reading What (if anything) to do about California gasoline price spikes
Energy efficiency (EE) discussions never get far before someone raises the specter of “rebound.” Rebound is the consumers’ response to an energy efficiency improvement that causes them to increase energy … Continue Reading In Praise of Energy Efficiency Rebound
Mexico is experiencing 50%+ curtailments of natural gas, a direct consequence of price controls. Whereas in the United States there are thousands of natural gas producers, in Mexico there is … Continue Reading Natural Gas Shortages in Mexico
Economists talk about something called the “social cost of carbon.” Here’s the basic idea: You may pay for the gas you put in your car, but when you burn it, … Continue Reading Tipping Points and the Social Cost of Carbon
Last week I provided my reactions to Senator Feinstein’s letter to the Federal Trade Commission (FTC) on market manipulation of gas prices after the Chevron Richmond refinery fire. Speaking of prices … Continue Reading Tesoro’s Acquisition of BP’s Carson Refinery (California Prices at the Pump: Part 2)