Wednesday, June 08, 2011

The Price of Clean Air


Does the Clean Air Act hurt or help the U.S. economy? It's not nearly as hard to calculate as you might think. Neither is acting on the data

The Fisk Generating Station in the working-class Pilsen neighborhood on Chicago's Lower West Side once symbolized the future. The largest of its kind when it opened, the single-stack, coal-fired plant powered factories and residences throughout a growing metropolis.

That was in 1903. Today, Fisk and its slightly younger sister, the Crawford Generating Station, located nearby in another densely packed area, are relics: two of the more than 200 "legacy" coal-burning plants nationwide that were grandfathered in under 1977 amendments to the Clean Air Act.

See full Article.