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Coal Policy and Energy Economics

With the flurry of legislation in 1977 further inhibiting coal consumption and production, it became apparent to many observers that coal had joined oil, gas, and nuclear energy as a tightly regulated industry. Since by now this observation has been widely dissemi-nated, it seems most appropriate here only to summarize the nature of the barriers and their obvious implications. Then emphasis can be placed on the perspectives that economic analyses can provide for evaluating the issues.

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Energy Specializations: Coal – Markets and Prices; Coal – Policy and Regulation

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, Q35: Hydrocarbon Resources, Q38: Nonrenewable Resources and Conservation: Government Policy

Keywords: fossil fuels, coal, US, forecasting, energy economics

DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-8

Published in Volume 1, Number 1 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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