"William W. Hogan, considered the architect of the Texas energy market design, said in an interview this past week that the high prices reflected the market performing as it was designed."
Any design that could potentially bankrupt people for buying a necessity like power is bad.
"Diesels are wildly popular in Europe, accounting for roughly 50 percent of the car market there. So why don't automakers simply bring the European cars here?" An older article that explains why diesels are hard to come by here.
"While daylight time reduces demand for household lighting, it increases demand for heating in the early spring and late fall (in the mornings) and, even more important, for cooling on summer evenings. Benjamin Franklin was right about candles, in other words, but he did not consider air-conditioners."
"For a planet plagued by rising energy prices and rising temperatures, better energy management has gigantic potential." Good summary of the current state of 'smart metering'. [via veen]
New York Times