Verizon Wireless announced that it will soon follow AT&T in pricing broadband data services according to usage. That’s probably inevitable; data usage varies widely by customer, and no wireless carrier can afford to be the holdout that attracts the heaviest users with all-you-can-download flat monthly pricing. But it’s also good for customers: use-based pricing will create the financial incentives to develop ever-more-valuable information services for smartphones and the myriad other mobile devices in the works.
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Paying by the Byte |
Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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