Title
What explains the increased utilization of Powder River Basin coal in electric power generation?
Abbreviated Journal Title
Am. J. Agr. Econ.
Keywords
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
Abstract
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.
Journal Title
American Journal of Agricultural Economics
Volume
90
Issue/Number
4
Publication Date
1-1-2008
Document Type
Article
Language
English
First Page
933
Last Page
950
WOS Identifier
ISSN
0002-9092
Recommended Citation
"What explains the increased utilization of Powder River Basin coal in electric power generation?" (2008). Faculty Bibliography 2000s. 367.
https://stars.library.ucf.edu/facultybib2000/367
Comments
Authors: contact us about adding a copy of your work at STARS@ucf.edu