"Electricity prices are probably on their way up across much of the U.S. as coal-fired plants, the dominant source of cheap power, shut down in response to environmental regulations and economic forces.
"New and tighter pollution rules and tough competition from cleaner sources such as natural gas, wind and solar will lead to the closings of dozens of coal-burning plants across 20 states over the next three years. And many of those that stay open will need expensive retrofits."
Here are some good questions about the application of supply and demand analysis.
- Would tougher pollution rules lead to closings of coal-burning plants?
- Would tougher pollution rules lead to higher prices for electricity?
- Would greater availability of natural gas lead to the closings of coal-burning plants?
- Would greater availability of natural gas lead to higher prices for electricity?
No comments:
Post a Comment