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Earlier this month Sean Casten published an op-ed on Grist.com arguing that “further deregulation of electricity markets is a good and necessary thing”, but that “full and total deregulation of electricity markets is probably impossible, and certainly amoral.” Casten argues that “parts of the electric system warrant full deregulation, while other parts would be better suited to fully regulated economic models.” Certain aspects of electricity markets, for example the “last mile” of transmission, impose natural barriers to new market entrants in a truly free market, he says, thereby undermining the market’s efficiency. Further, Casten argues, in truly free electric markets,… [more]
View InsightThe spending bill being negotiated by the House and Senate is expected to fund the federal government for the remainder of the fiscal year. Notable among the bill’s energy-related measures is its defunding of the DOE program responsible for the energy-efficient light bulb standards due to take effect in 2012. The spending bill would not overturn these standards, but would effectively block DOE’s ability to enforce them. The standards are expected to phase out the 100 watt incandescent bulb in 2012, and phase out 40-, 60- and 75-watt incandescents by 2014. [New York Times] The standards were passed on a… [more]
View Insight[Note: The statements below are intended solely to stimulate discussion among the Expert community, and do not represent the position of OurEnergyPolicy.org. Text in italics indicates clarification or expansion.] There is a question what carbon policy is most suited to the U.S. The question boils down to the best way to force GHG emitters to spend enough money on reduction of CO2 and other GHG. Several policies have been discussed or tried around the world: Cap and Trade Cap and trade is a popular yet problematic solution. Firstly, it hasn’t produced the expected significant change in places it has… [more]
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