Power prices set to surge

[jpak]

http://money.cnn.com/2007/09/11/news/economy/power_prices/index.htm

NEW YORK (CNNMoney.com) -- For a long time, conventional wisdom has held that coal would easily meet the nation's rising demand for electricity. It's cheap, and there's enough of it in the U.S. to power the country for an estimated 250 years.

But a combination of rising construction costs for coal-fired power-plants and uncertainty over whether Congress will regulate emissions of carbon dioxide - a byproduct of burning coal and one of the main gasses behind global warming - has put plans for many new plants on hold.

With the nation's demand for power expected to surge 50 percent over the next 30 years, the result may be higher electricity costs for everyone.

An estimated one-third of planned new coal plants have either been delayed or are "at the edge of cancellation," said Dean Oskvig, head of the energy business at Black&Veatch, an engineering firm that builds power plants.

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[BrklynLib at work]

1. If we had been investing in sun- and wind-powered energy sources since Carter was president as he

favored, we would not even be having this discussion today.

[Javaman]

2. If ray-gun hadn't been elected...

bah, never mind, people are stupid and will always go with the easy way, even if it's the most stupid and self destructive.

hence ray-gun removing the solar panels from the white house.

[BrklynLib at work]

3. like going back into the stone-age....exactly as the Dominionist Fundie Neocons want.

[Javaman]

4. Now those are a scary crazy bunch.

you know that nut job katherine harris is one of them right?