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- CommentaryRegional Development
Four states now fund themselves on a price they do not set
Severance is 47.2 percent of North Dakota's state tax collections and 43.9 percent of Alaska's. That is not a revenue line. It is a position in a commodity, held by a government that has to write a budget every year.
- CommentaryEnergy & Power
Interconnection queues are a pricing failure, and faster studies will not clear them
The charge a project faces for connecting to the grid cannot be known when the decision to build is made, because it depends on which other applications are studied first, and a charge settled that way is a draw rather than a price. No series in this brief measures a queue, so the case rests on mechanism and on what the priced parts of the system already show.
- CommentaryEnergy & Power
Every infrastructure plan assumes a maintenance workforce it never budgets
Adding up the 51 state estimates gives 6,086,200 people in installation, maintenance and repair. In 50 of those 51 jurisdictions they are paid above the state median wage. A capital programme that treats them as someone else's problem is buying an asset it has not costed to run.