Decarbonizing U.S. Utilities: The Money Talks ...Middle East

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Decarbonizing U.S. Utilities: The Money Talks
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If policy makers in Washington wanted to hasten the demise of coal fired electric generating stations, they could not have done a better job. What interests us here is that policy makers intended precisely the opposite. However simply abandoning regulatory scrutiny at federal agencies like the EPA may reduce corporate expenses but it is no substitute for revenues. Electricity, where sold in a market, is a commodity. and this means that the lowest cost producer drives all others out of business. At this moment (from a simple production standpoint)…

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