What explains the increased utilization of Powder River Basin coal in electric power generation?
Abbreviated Journal Title
Am. J. Agr. Econ.
environmental policy; freight rates; Powder River Basin coal; railroad; transportation costs; SULFUR-DIOXIDE EMISSIONS; ACID-RAIN PROGRAM; CLEAN-AIR ACT; MARKET; POWER; AIRLINE INDUSTRY; ENVIRONMENTAL-POLICY; DOMINANCE; MERGERS; Agricultural Economics & Policy; Economics
This article examines possible explanations for increased utilization of Powder River Basin (PRB) coal in electric power generation that occurred over the last two decades. Did more stringent environmental policy motivate electric power plants to switch to less polluting fuels? Or, did greater use of PRB coal occur because relative price changes altered input markets in favor of this fuel. A key finding is that factors other than environmental policy such as the decline in railroad freight rates together with elastic demand by power plants were major contributors to the increased utilization of this fuel.
American Journal of Agricultural Economics
"What explains the increased utilization of Powder River Basin coal in electric power generation?" (2008). Faculty Bibliography 2000s. 367.