Beyond coal

By Sean Casten This article first appeared in Spark, and is reprinted here with their permission. It's somewhat long, and it's got numbers and graphs. It helps if you imagine Scarlett Johansson reading it. When it comes to power generation, coal isn't cheap. Both power plant and fuel costs are up by nearly 300%, and projected to rise farther1. Even before factoring in the risks of future greenhouse gas legislation, this has conspired to make a bet on coal-fired central station power equivalent to a bet on massive retail power price increases. Increasingly, this is a bet that neither e...Original article link