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The Newest Dirty Word: NIMBY

The Newest Dirty Word: NIMBY

George Carlin was made famous for his 7 Dirty Words.  But when it comes to meeting our electricity demands of the 21st century, we can add another word whose utterance should cause shock and outrage to the general public: NIMBY. NIMBY (“Not in My Backyard”) is the genesis for much of the opposition to various endeavors that would serve the…

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Carbon Pricing Creeps into DOE Rulemaking

Carbon Pricing Creeps into DOE Rulemaking

The Department of Energy's latest appliance efficiency standard rule monetizes the cost of carbon dioxide emissions. The rulemaking for Residential Water Heaters, Direct Heating, and Pool Heaters was released on March 31. The rule uses the a range of estimates for the social cost of carbon: $4.7, $21.4, $35.1, and $64.9 (in 2007 dollars). The second-lowest estimate ($21.4) would roughly…

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