MorganEnergy

Email from the IAEE informs us that Vol. 29, No. 4 of The Energy Journal is now available. This is a members only publication so we can’t link to it, but it does contain a number of interesting papers. One that caught the eye was “Carbon Tax or Carbon Permits: The Impact on Generators’ Risks” by Richard Green. According the the abstract, preference for carbon trading or a carbon tax is different depending on whether a the generator is a carbon emitter or not. In an uncertain political world, this might suggest that British Energy‘s idea of joint ventures might be a good hedge against the risk of not knowing what sort of scheme will be implemented.