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Part of the problem is the life of a power plant is on the order of decades. Every new natural gas plant is a plant that will exist for 50+ years. Because inv
by bcrosby95 7y ago
Part of the problem is the life of a power plant is on the order of decades. Every new natural gas plant is a plant that will exist for 50+ years. Because investors need to make their money back.
- BurningFrog 7y agoInvestors want to get their money back. They frequently don't, when conditions change.
- MiroF 7y agoBut they also frequently lobby the government in order to ensure that they do. Nothing good comes from having a large class of investors with significant amounts of money tied up in high-carbon power plants for the next half century.