Global warming a classic 'market failure'

From: International Herald Tribune | Date: December 13, 2006| Author: Steve Lohr | Copyright information


International Herald Tribune

12-13-2006

The iconic culprit in global warming is the coal-fired power plant. It burns the dirtiest, most carbon-laden of fuels, and its smokestacks belch millions of tons of carbon dioxide, the main global warming gas.So it is something of a surprise that James Rogers, chief executive of Duke Energy, a coal-burning utility with operations in the American Midwest and Southeast, has emerged as an unexpected advocate of U.S. regulation that w...

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