More Adventures in US Government Planning
Posted in Environment, Socialism on Apr 22nd, 2011
From the PERColator: For example, in 1978 Congress, concerned about impending shortages of natural gas, passed the Powerplant and Industrial Fuel Use Act. This prohibited the use of natural gas for power generation and industrial use. As a result, capital investment shifted towards a new generation of coal-fired power plants. If all the coal-fired electric generating capacity […]