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The AAR and Mississippi navigation (was: "comedy act....")
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[quote user="MichaelSol"][quote user="Datafever"] <p>While environmentalism has increased the cost of energy, it would be rather riduculous to suggest that environmentalism alone is responsible for the increase in the cost of energy over the past few decades. The basic laws of economics (such as supply and demand) have also had a factor. So has inflation.</p><p>[/quote]</p><p>The real cost [using gross domestic product price deflators adjusted to year 2000] of electricity, cents per kilowatt hour:</p><p>1960, 2005</p><p>Residential: 12.4, 8.4</p><p>Commercial, 11.4, 7.74</p><p>Industrial, 5.2, 4.97</p><p>I am not sure which law of supply and demand is responsible.</p><p>[/quote]</p><p>And how is it for the last 10 years?</p><p>And did increased economies of scale in generation, distribution have anything to do with this time period? Technological improvements?</p><p>Shall we compare cost of generation for same size facilities during this same period?</p>
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