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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Glenn Petersen who wrote (184238)	6/2/2014 11:53:05 PM
From: Biomaven	Read Replies (2) of 206152

Other than a few coal producing states, limiting greenhouse gas emissions is popular, even in Red states: washingtonpost.com Even if these regulations come into effect as presently structured, worst case for coal would be a reduction from around 40% of electricity production to around 30%. Part of that decline is already baked-in because of cheap natural gas and aging coal plants. (Over 10% of existing coal plants are over 60 years old). Aside from the greenhouse gas issue, reductions in particulate pollution from coal has clear health benefits. From a free market perspective it is appropriate to account for negative externalities via either regulation or taxes. Peter

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