Fossil Fuels vs. Renewables: A Price on Reliability?
Union of Concerned Scientists
JUNE 12, 2023
In many places state and federal utility regulators delegated decisions about energy supplies to the market. Since companies and policymakers do not want to pay a lot to ensure reliability, they both subscribe to the theory that the law of supply and demand will provide an adequate supply at a low cost. It’s a vicious feedback loop.
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