Morocco Launches Gigantic Solar Power Plant

To follow up on Nicky’s post about solar energy efficiency, Morocco has recently launched a power plant (called the Noor I) in the Sahara Desert that is capable of generating 160 megawatts of power. These solar panels cover thousands of acres of the desert (can actually be seen from space) and when the two other Noor plants are implemented they will offer renewable energy to over a million Moroccans. What are the economic impacts of this implementation? Right now, Morocco relies on imported sources of energy for 97% of its total energy use (according to the World Bank) while also having its electricity demand Continue reading Morocco Launches Gigantic Solar Power Plant

The Salary Cap in Sports: Part 1 (Baseball)

I think it would be efficient (haha) to introduce myself as a new writer for Sound Economics at the beginning of my blog post. My name is Lukie Crowley, a sophomore economics major and I am thrilled to start writing for Sound Economics. My first post will be part one of a three part series about the salary cap in baseball, football and basketball. I will be discussing about how it differs in each sport and the incentive to change it or stay stagnant in said sports. In the rare major sport that does not have a salary cap (while Continue reading The Salary Cap in Sports: Part 1 (Baseball)