The effect that climate change will have on water resource sustainability is gaining international interest, particularly in regions where stocks are strained due to changing
Coronavirus Disease 2019 (COVID-19), a viral disease caused by the virus SARS-CoV-2, has arrived and is spreading in Hawai’i. In an attempt to “flatten the
How do you coerce a monopoly to act as if it were operating in a ruthlessly competitive industry? This is the billion-dollar question of Public
By Michael Roberts How much will it cost to eliminate use of fossil fuels? There is reason for optimism. Technological progress has lowered the cost
Using a sample of 48 contiguous U.S. states for the period 1973-2013, we study how oil price shocks influence state-level economic growth. The analysis incorporates
By Michael Roberts In the arcane parlance of utility regulation, PIMs are “Performance Incentive Mechanisms.” This is where we’re headed because, slightly against my expectation,
On a levelized-cost basis, solar and wind power generation are now competitive with fossil fuels, and still falling. But supply of these renewable resources is
By Michael Roberts It seems that our political and administrative leaders worry about the bond rating agencies. Their fear is understandable. The cost of capital
