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Coal policy and energy economics

Journal Article · · Energy J.; (United States)
Legislative barriers to coal consumption and production are examined to determine how economic analyses can be used to evaluate policy issues. Public policy has discouraged coal use while purporting to support increased reliance on coal. The threat to future energy supplies raises questions about the wisdom of government restrictions on coal. Political posturing is behind most of the attacks on the energy companies, while government interference is the main contributor to barring competition. Policies which rely on government intervention to protect health and safety and to compensate for market imperfections are misguided and based, as in the conservation issue, on a confusion of concerns. Contrary to the coal industry's thinking, regulation is likely to remain excessive and will change the role of coal in the future. Economists see the most crucial need to be energy policies that are flexible and adaptable. 16 references. (DCK)
Research Organization:
Pennsylvania State Univ., University Park
OSTI ID:
5246082
Journal Information:
Energy J.; (United States), Journal Name: Energy J.; (United States) Vol. 1:1; ISSN ENJOD
Country of Publication:
United States
Language:
English