POWER COSTS
July 1st, 2001
BY KEITH NUTHALLA MAJOR European Union research study has concluded that the 'true' price of using coal and oil to generate electricity is double that usually assumed by standard accounting systems, when the costs of cleaning up the resulting pollution and dealing with the resulting health problems are taken into account. Researchers also concluded that the real cost of using gas is 30 per cent higher than usually measured. The study did not take account the potential costs of global warming.The resulting report proposes that governments take account of these ...
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