"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" Joskow - TT's Lost in Tokyo

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Why does everyone calling for or condemning government "green power" mandates ignore the frustrations resulting from public utility monopolies and regulatory Balkanization? by TokyoTom

The incessant calls for - and criticism of - government-funded/mandated "green/clean power" pork both ignore root causes and potential common ground. As a result, both sides of the debate are largely talking past each other, one talking about...

Henry Payne/NRO and the Deal Not Taken: He's shocked, shocked that Dems won't end CAFE mileage standards by TokyoTom

Henry Payne (cartoonist at the Detroit News and commentator at NRO) has a interesting post up on Feb. 18 at NRO's enviro-bashing "Planet Gore" website: "Obama’s Washington Is the Enemy of Auto-Industry Reform ". In it, Payne...

Paul Joskow: What electric power regulatory reforms are need? A Federal Power Act of 2009 by TokyoTom

Further to my previous posts , excerpted below are the recommendations that Paul Joskow (energy expert, MIT economist and current president of the Alfred P Sloan Foundationn) recently made in a speech at the National Press Club : What is to be done? We...

MIT economist Paul Joskow describes our current electricity regulatory framework by TokyoTom

I believe that a key problem - and thus a key opportunity - that our country faces is over-regulation and misregulation of the electric power sector. Regulatory reform in this area is a middle ground, both for enviros and those whose principle concerns...

Paul Joskow on needed changes to power regulation, particularly if climate legislation is passed by TokyoTom

A hodge-podge of state and federal regulations is keeping costs high and interfering with the development of competitive power markets. Paul L. Joskow , current President of the Alfred P Sloan Foundation and former Head of the MIT Department of Economics...