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John E Parsons Profile picture
John E Parsons
@WildeEcon
Financial economist at MIT working on energy, environment and risk. Used to have a great crystal ball, but it's now in for repairs. Image: Barlach's Reader
Dec 17, 2021 • 29 tweets • 7 min read
Is Diablo Canyon Nuclear power plant really an economical as the recent Stanford/MIT study says? Opponents cite much higher costs. So, I did a reconciliation and it strengthens the case that Diablo is economical. A thread...

1/26 The reconciliation is posted on my MIT webpage, here: mit.edu/~jparsons/curr….

2/26
Mar 22, 2020 • 20 tweets • 3 min read
The corporate bailout part of the Republican stimulus bill sounds very badly designed. A better option would be a "Recovery Finance Corp" with the power to put money in senior to existing creditors and restructure liabilities as needed going forward.
1/20 We have lots of experience with successful restructurings using the normal tools of bankruptcy. Unfortunately, the current disaster makes normal bankruptcy inadequate to the scale of the problem at hand. We need Federal monies...
2/20