What’s a ton of carbon (dioxide equivalent) worth? Not much if you ask the world’s carbon markets. The graph below summarizes prices and quantities covered by existing carbon emissions trading … Continue Reading Time to Unleash the Carbon Market?
These are strange times for competitive power markets in the United States. Baseload power plants, many of them nuclear, are reportedly struggling to stay out of the red. About 10 … Continue Reading Is US Climate Policy Killing Nuclear Power?
I sat next to a distinguished climate scientist at a recent dinner, who told me point blank that “carbon markets have failed, which means one should give up on market … Continue Reading Giving Up on Carbon Markets in Favor of a Giant Vacuum in the Sky?
It’s tax season and this makes many Americans pretty grumpy. According to a recent poll/parody, 27% of those surveyed indicate they would rather get an IRS tattoo than pay their … Continue Reading Canada’s Got a Good Thing Going
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 … Continue Reading Rationalizing California’s Residential Electricity Rates
It just doesn’t add up. Why I think not building Keystone XL will likely leave a billion barrels worth of bitumen in the ground.
I am not a fan of blanket statements. Whenever oil sands come up in casual conversation, many of my economist friends argue that “the stuff will come out of the … Continue Reading It just doesn’t add up. Why I think not building Keystone XL will likely leave a billion barrels worth of bitumen in the ground.