Centrally Planned Energy: Bad for the Economy, Bad for the Environment
Publisher
National Interest
Date
2016-4-21
On Earth Day, the United States will sign the Paris Climate agreement. In terms of the actual climate policy already implemented by the Obama administration, however, the events of the previous week were much more important. Peabody Energy, the world’s biggest privately owned coal producer, declared bankruptcy, and SunEdison Corporation, the world’s largest solar‐energy developer, entered into prebankruptcy negotiations. These bankruptcies are direct consequences of Barack Obama’s climate‐change policies.
Citation
Jason S. Johnston, Centrally Planned Energy: Bad for the Economy, Bad for the Environment, National Interest (April 21, 2016).