All posts in tag: coal-fired power plants

Maximillian Auffhammer The ‘Yoga Theorem’ and the EPA’s new carbon-emissions policy

With the historical release of the Environmental Protection Agency’s new carbon emissions policy, I took an extra day to comb through and digest the news. I have organized my intermediate microeconomics class around something called the “Yoga Theorem.” This almost universal truth states that the less flexible you are, the more … More >

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