Thursday, June 29
Economic Viability of Coal Plant Depends on Outcome of US Supreme Court Decison
In the coming weeks, I will have a few more posts about the proposed Highwood Generating Station. The post will probably have to wait until after the Independence Day holiday, however.
In the meantime, I would like you to consider this upcoming Supreme Court decision. One of the arguments used by plant opponents is that the economic viability of the plant would be in question if the government enacts a "coal tax." They are right; if the government does enact a "coal tax," then the plant would have signficant increased expenses.
So, we have to ask ourselves how likely is it that the government enacts such a tax? This upcoming decision should weigh heavily on our calculus for or against plant construction.
In the meantime, I would like you to consider this upcoming Supreme Court decision. One of the arguments used by plant opponents is that the economic viability of the plant would be in question if the government enacts a "coal tax." They are right; if the government does enact a "coal tax," then the plant would have signficant increased expenses.
So, we have to ask ourselves how likely is it that the government enacts such a tax? This upcoming decision should weigh heavily on our calculus for or against plant construction.
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