Catherine Wolfram: Coal gasification will help reduce local pollution and it appears commercially viable, at least in China. Unfortunately, it’s a disaster for climate change.
Catherine Wolfram: Consumers are likely purchasing both too many gas guzzlers and too many super-efficient plug-in hybrids, and avoiding vehicles with mid-range MPG ratings more than they would if they weren’t under the MPG Illusion.
Catherine Wolfram: Future regulations place substantial uncertainty on future bills, so that simple assumptions that project a flat or increasing value of bill savings over time (in real terms) may not be accurate.
Catherine Wolfram: We would pay the costs of $12,400 in today’s dollars, in order to save $3,576 in the year 2038, assuming we’re lucky enough to be alive and buying $100 cheese pizza for our grandchildren.