Econ
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PRESENTATION OUTLINE
15 BILLION DOLLAR PROPOSAL CLEAN ENERGY
- A 15 billion dollar proposal is proposed to reduce carbon emissions and shutdown coal use and coal factories.
- The coal will be replaced by 40% natural gas-fired power plants; 40% renewable energy, made primarily from wind power; and 20% from nuclear energy
- Clean energy is a major point in our society today because of problems with global warming.
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TRADEOFFS
- The major tradeoff will be job loss in the coal industry.
- As more renewable energy is introduced coal factories will continue to be shut down creating structural unemployment.
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- Demand for coal will continue to drop because of renewable energy.
- Coal prices will drop over time affecting coal companies.
- The aging Coal factories need major upgrades in the near future to keep them running thus making the proposal more sensible.
RENEWABLE ENERGY
- With Renewable energy replacing coal, energy rates will decrease over time making energy bills cheaper for customers because the energy is free to use.
- renewable energy will create jobs for engineers, technicians, and manufacturers that work on creating the supplies that create the energy.
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- The production of coal has fluctuated over the years with it being at its lowest point right now because of renewable energy.
