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I only scanned the paper, but I didn't see this. Rather, they followed their remit: accepting the government's plans on nuclear as a baseline makes sense as you have to have some baseline, and theirs is not to question what is a largely orthogonal issue.

As to their "total faith in markets", I think it is more a case of assuming the merit order because it is optimal, market or no market. What they are demonstrating is that Hughes' argument amounts to "if you build a large amount of wind power and also behave stupidly, then..."

;-)

by mustakissa on Tue Oct 23rd, 2012 at 02:37:42 AM EST
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