Coal is taking a beating. As mining costs rise, coal reserves deplete, emission regulations strengthen, and inter-fuel competitive dynamics change, the allocation of coal in the electric...
Double Dealing on Carbon
Will the environmental lobby be even-handed with utilities?
plant in the U.S. doesn’t make a lot of sense. [In the] short term, we have a need for pulverized-coal plants.”
Will environmentalists come to understand fully the challenges that the industry faces in meeting future demand?
In this special Fortnightly, we discuss the issues that are making power-plant development more costly and, as a result, more risky. Will the industry be able to bring the power to the people? The answer will be defined by those utilities willing to take the financial risks and to collaborate with environmentalists. And, finally, whether new realities will allow such changes.