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.
Governments should use markets and infrastructure to achieve their phase-out targets. I recently spent a week with executives from Electricite de France (EDF). That meant I heard a lot about … Continue Reading Killing Nuclear and Coal the European Way
Propping up domestic coal demand is an expensive snooze button. The decline in U.S. coal-fired electricity generation is a good news/bad news story, depending on your perspective. The good news … Continue Reading The Decline of Coal: Break the Fall or Soften the Blow?
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
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.
A 1974 American Electric Power advertisement claim rings hollow today. There was a lot of breaking news during the summer of 1974. Watergate was in full swing, culminating in President … Continue Reading An Unlikely 1970s-Era Environmentalist