Tag "Severin Borenstein"

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$5 gas in CA? Lack of cap-and-trade price ceiling could bring it

At its October 24-25 board meeting, the California Air Resources Board will reconsider its “Market Based Compliance Mechanisms,” meaning its cap-and-trade program. The program “caps” greenhouse emissions, and has “traded” them in quarterly auctions over the past year. But many

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California Solar Initiative: overhyped and underperforming 9

Now that the $2.167 billion California Solar Initiative is winding down, electricity ratepayers might ask: What was it and what did it accomplish? Was it: 1.) A cutting edge solar energy project to bring about a “self-sustaining” solar power industry,

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