News and commentary about energy and energy policy in the Volunteer State
Tuesday, August 26, 2008
Tennessee's lawmakers respond to TVA rate hike
CHATTANOOGA, Tenn. --Tennessee's congressional members are at odds over how to respond to a 20 percent increase in electricity rates charged by the Tennessee Valley Authority, the nation's largest public utility. More...
It is estimated that a third of all resources are allocated outside of markets, via the public sector. The remaining two thirds of resources are allocated in markets that are regulated by the public sector. Small changes in policy can have a dramatic impact on the direction and flow of resources in a particular sector of the economy and thereby on the well-being of society. Good information and analysis facilitates good debate and, in the end, good policy.
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