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Category Archives: Economics
Accounting for externalities
Hal Benton reported in The Seattle Times on May 9, 2018, that state regulators had “stepped up their climate activism” by asking power utilities in the Washington to assign or increase a carbon price “for planning purposes” on their fossil … Continue reading
Social cost of carbon used by States in energy decisions
According to Peter Fairley, August 14, 2017, in Inside Climate News, “The climate metric, maligned by the Trump administration, helps build the cost of future climate harms into state electricity plans and … Continue reading
Clean, dynamic, and distributed
The headline of a June 26, 2017 article in Bloomberg New Energy Finance “Energy to 2040: Faster shift to clean, dynamic, distributed.” Seth Henbest’s analysis of the BNEF’s New Energy Outlook 2017 summarizes the “changing economics of energy generation” with these … Continue reading
Posted in Economics, Press, Reports
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Climate change is a market failure
In a February 14, 2017 post, Carbon Brief blog says “Climate change is a classic market failure. The costs of burning CO2 are borne by society at large, but the benefits accrue to those burning fossil fuels.” The Social Costs of Carbon … Continue reading
Exxon’s write-down
On February 24, the Institute for Energy Economics and Financial Analysis posted on ieefa.org about the recent announcement by ExxonMobil to its shareholders that at the end of 2016, it has 19% “fewer proven and probable oil reserves.” This is a … Continue reading
“From Risk to Return”
This report is about the benefits of Investing in a Clean Energy Economy. “Economic risks of unmitigated climate change to American businesses and long-term investors are large and unacceptable.” This was the finding of the Risky Business Project, in their initial … Continue reading
Posted in Economics, Policy analysis, Reports, Resources
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“The Power of Change”
This 300 page book published September, 2016, by the National Academies Press (chartered by Congress) is the most up to date and credible analysis of the current status of technologies and policies supporting clean electric power technology. It can be downloaded for … Continue reading
