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The Tragedy of the Climate Commons /Petros Sekeris, Economics at the Department of Economics and Finance, Portsmouth Business School, Project Syndicate, 17/06/2015By now, the danger from climate change and other forms of environmental degradation is so evident that it seems crazy to ignore it. And yet the world has failed thus far to devise an adequate response to the problem. Our first stab at a solution, the 1997 Kyoto Protocol, set only modest goals and failed to include the world’s biggest polluters. The effort in Copenhagen in 2009 to craft a more potent global agreement ended in a breakdown of negotiations... lire la suiteLe nouveau mythe de Sisyphe : l’encadrement administratif des marchés de l’électricité / Claude Crampes et Thomas-Olivier Léautier, TSE debate, 16/06/2015Depuis une vingtaine d’années, les réformes du marché de l’électricité se sont succédées, en France et ailleurs.  Les pouvoirs publics peinent visiblement à trouver la « bonne » architecture  de l’industrie.  Parmi les multiples raisons qui expliquent l’instabilité institutionnelle du secteur, on trouve en bonne place, en France plus qu’ailleurs,  la tentation pour les pouvoirs publics de concilier prix de marché et tarifs administrés... lire la suiteIs the U.S. Investing Enough in Electricity Grid Reliability? / Catherine Wolfram, Energy Institute at Haas blog, 15/06/2015We had a 2-hour power outage at our house last week, together with 45,000 other customers in the East Bay. The lights flickered off just after 8PM and didn’t come back on until after 10PM. Nothing like going without something that you take for granted to make you realize just how valuable it is... lire la suite