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A model for exploring oil boom & bust cycles

A model for exploring oil boom & bust cycles Economics 101 starts with a stylised depiction of a supply and demand curve. The price is determined by the intersection of the curves. This implies that there is no such thing as an ‘oil supply gap’ since a shift of...

The NRDC baseload twitter storm

The NRDC baseload twitter storm The release of a Brattle report by the Natural Resources Defense Council (NRDC) resulted in a Twitter storm and much commentary over the meaning of ‘baseload’. Mark Diesendorf had pushed back against the term more than 10 years ago. But...