The Primacy of Price: Past & Future Energy Transitions in America. Joe Pratt University of Houston. PRIMACY OF PRICE. Past energy transitions largely directed by BUSINESSES and largely determined by traditional economic concept of PRICE Environmental costs as “externalities”
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University of Houston
as coal-led industrialization created new markets
-LNG (global market for once stranded gas)
-Shale gas (“game-changer” versus threat to groundwater)
GAS AS BRIDGE TO A RENEWABLE ENERGY FUTURE?