News and commentary about energy and energy policy in the Volunteer State
Monday, August 25, 2008
TVA rate increase was expected
(Paducah Sun, The (KY) (KRT) Via Acquire Media NewsEdge) Aug. 21--The Tennessee Valley Authority's 20 percent wholesale power rate increase Oct. 1 comes as no shock to its distributors, notably Paducah Power System. 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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