Decoupling: The Answer to the Health Care and Climate Crises?
Written on 03/28 at 01:47 PM by Andy Posner
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Filed under: environment philosophy
One of the great ironies of investor-owned utilities in the era of climate change is that the incentives are entirely backward: utilities earn money by selling electricity. The more they sell, the more they earn. This has the unfortunate consequence of increasing the emission of greenhouse gases and other pollutants such as mercury and sulfur dioxide. And because utilities are required by law to maximize profits for their shareholders, it isn't surprising that they have dragged their feet for decades on the issue of reducing emissions from power plants.
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