Author Archives: Adam Bailey

Signal and Noise in the Oil Market

Posted on April 5, 2015 by Adam Bailey

Conventional wisdom has been that cost of finding and extracting oil is on a secular rising trend.  Given the current low price of oil, is that still credible? A famous saying attributed to Keynes was his challenge to a critic: … Continue reading →

Posted in Energy | Tagged , , , , , , , , | Leave a comment

Fish Farming – A Major Food Source

Posted on November 26, 2014 by Adam Bailey

Global fishery statistics are not very reliable, but it can be asserted with reasonable confidence that aquaculture and the catching of wild fish are about equally important as human food sources. In a previous post, I noted the FAO’s prediction … Continue reading →

Posted in Fisheries | Tagged , , , | Leave a comment

Progress with Carbon Capture and Storage

Posted on October 10, 2014 by Adam Bailey

The recent launch of a large-scale power station retro-fitted with carbon capture and storage (CCS) is an important step forward in addressing climate change.  It is no criticism to add that many issues surrounding CCS remain to be resolved. The … Continue reading →

Posted in Climate change, Energy | Tagged , , , , | Leave a comment

Economics on the Beach

Posted on September 5, 2014 by Adam Bailey

A busy beach offers an interesting economic case study. I recently spent a few days on holiday with my family in Barcelona.  The weather was fine and each day we spent an hour or so on the beach.  I observed … Continue reading →

Posted in Recreation | Tagged , , , , , , | Leave a comment